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Pastimes : All Clowns Must Be Destroyed -- Ignore unavailable to you. Want to Upgrade?

To: Lucretius who wrote (9149)	2/12/2000 2:19:00 PM
From: Oblomov	Read Replies (1) \| Respond to of 42523

Actually, I'm starting to come around to the same view. I was referring to his statement about the yield curve steepening. Like you, I think that the inflation cycle has peaked (at least for now) along with the monetary base. But, the concept of money supply is too abstract for most journalists out there. It's not a "people story" and so it gets little coverage. And so they have us going after the firehoses in the middle of a flood. Yet, I think that gold shares will fly when the instabilities in the economy become apparent... so I've been loading up on PDG and GOLD. The question is, will gold rise against all currencies or just against the dollar? The Fed print will weaken the dollar, but the rest of the currencies are even more rummy right now. -g-