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

To: Rarebird who wrote (51420)	4/13/2000 10:37:00 PM
From: Ahda	Respond to of 116759

You can't burn it, you can't see it fly, it weighs more than air so it is more substantial in nature . It was around before Canada created the loon, that was pure doom . Nothing to innovative about it. It is wonderful flexible stuff but maybe not quite flexible enough. VBG

To: Rarebird who wrote (51420)	4/13/2000 11:50:00 PM
From: GST	Respond to of 116759

Rarebird <What will Investors and the World turn to when the Almighty Dollar follows suit? Gold> This is the whole issue in a nutshell. The current account deficit is the key. If our paper has no more luster, gold can move center stage.

To: Rarebird who wrote (51420)	4/14/2000 1:12:00 AM
From: Enigma	Read Replies (1) \| Respond to of 116759

I agree - this is surely the point? The X factor.

To: Rarebird who wrote (51420)	4/14/2000 7:58:00 AM
From: long-gone	Read Replies (1) \| Respond to of 116759

<<Demand for Gold cannot be represented as a linear function; it depends on the economic environment and the degree of growth that is present at the time, along with the monetary policy and the inflation rate. The NDX is down 27% from its highs. At some point in the near future, the S@P will follow suit. Bond made a very bearish reversal yesterday. What will Investors and the World turn to when the Almighty Dollar follows suit? Gold>> Remember, there is No Vehicle available most people can use to invest the Bulk of their net worth in gold or silver bullion!!!! It is not as simple as their having the desire to move into gold, they must first have a gold bullion holding mutual fund available in their work place. In my opinion The World Gold Council has been Slothful & Shiftless in their efforts to make Gold available to the masses as an alternative investment vehicle! Were the World Gold Council only get off thier LAZY DEAD BACKSIDES & start a INSURED BONDED STORAGE FACILITY and establish a LOW COST BULLION FUND with a policy of NO GOLD LOANS(!) and really attempt to make it widely available to the American Working Person, demand could have a chance at an upside move. Until the time when gold bullion is broadly available as an alternative - a short gold position is a near safe bet.