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


To: Jim McMannis who wrote (46341)12/27/1999 9:36:00 PM
From: Ken Benes  Read Replies (1) | Respond to of 116984
 
It seems like very little acts the way it is suppose to these days. I have a feeling that post January 1, 1999 equities will become interesting for reasons other than y2k. What next year will portend for gold, I would be surprised to see gold move beyond 325. A component of the the new paradigm is no inflation and +/- 2% inflation equals little movement in the gold price. To maintain this balance, currencies and interest rates will be contained as best as possible, again not a good environment for gold.

Have a happy new year.

Ken