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

To: goldsheet who wrote (47689)	1/30/2000 3:15:00 PM
From: Richard Mazzarella	Respond to of 116762

Bob, <<> Gold is a currency. Absolutely correct, IMHO.>> I think that paradigm is dead, as dead as buggy whips IMO.

To: goldsheet who wrote (47689)	1/30/2000 4:17:00 PM
From: Rarebird	Read Replies (2) \| Respond to of 116762

Nice chart. It shows the USD to XAU very clearly. We have an inverted yield curve in the Bond Market today, which sometimes indicates a recession is coming. The Bond Market seems to think that the nifty 50 stocks are about to embark on a severe decline. If so, that could severely impact the US Economy, and eventually impact the dollar on the down side. I would wait for a decline in the USD below some crucial technical support levels before I would rush to buy gold mining stocks. The USD may be in a blow off stage here.