Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Rarebird who wrote (51032)	4/2/2000 3:09:00 PM
From: Richard Mazzarella	Read Replies (2) \| Respond to of 116762

Rarebird, <<I don't see a good fundamental reason why Gold should rise at the present time.>> Neither do I, and that's why it will. <VBG>

To: Rarebird who wrote (51032)	4/2/2000 4:41:00 PM
From: Enigma	Read Replies (2) \| Respond to of 116762

"A severe correction will only take place if the US economy goes into recession" On the contrary, corrections often take place before the onset of a recession. Everything looks good yet the market tanks. Also the market rises before a recession ends.

To: Rarebird who wrote (51032)	4/2/2000 5:50:00 PM
From: LLCF	Read Replies (1) \| Respond to of 116762

<. A severe correction will only take place if the US economy goes into recession. > The stock market normally is ahead of official 'recession & expansion' numbers. I disagree with your assertion. <By raising rates, Greenspan is helping to keep the dollar strong and foreigners invested. > This depends apon what other interest rates are doing since it's 'relative' rates that are important. I also agree with your use of 'Greenspan is helping'... because rates are only one of the many variables determining exchange rates... and usually a shorter term one at that. That said, to those looking for the secular move [dollars flooding back to the U.S. and the bailing out of the U.S. $ as a reserve currency [may have little, IMO, to do with i rates, relative or otherwise] I pose the question, why? What will the catalyst be?? Someone should call Jim Grant and ask him! DAK