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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: Mark Bartlett who wrote (44998)	11/14/1999 9:45:00 AM
From: Enigma	Read Replies (3) \| Respond to of 116753

I'm not sure if it hasn't been triggered already in a big way - through collateral loans - or simply through the effect of feeling rich as a result of stock gains. On the other hand I've heard it said that only 20 % of market participants are actually ahead in 1999.

To: Mark Bartlett who wrote (44998)	11/14/1999 2:56:00 PM
From: Crimson Ghost	Read Replies (2) \| Respond to of 116753

The Y2K laugh is on the gold bulls. The big Y2K beneficiary is turning out to be US financial assets. Foreign funds are pouring into the US because of the perception that we are more Y2k compliant. But once this inflow of funds reverses (probably early next year) US financial assets could take a really big hit. And that could get gold moving towards $400 more quickly than most think possible My operative assumption has always been that the more the paper bubble expands, the bigger will be the ultimate explosion in gold. Paper is the place to be for the next few months. But gold will glitter brightly again before long.