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To: Hawkmoon who wrote (51494)	4/14/2000 8:38:00 PM
From: Enigma	Respond to of 116759

"Let's see... Do I want gold, which continues to be sold by Central Banks, or do I want to put my money in bonds or CD that pay anywhere from 6 to 7%??" Let's see - with you it's all or nothing? As the song goes!

To: Hawkmoon who wrote (51494)	4/14/2000 8:38:00 PM
From: goldsnow	Read Replies (2) \| Respond to of 116759

Let's see... Do I want gold, which continues to be sold by Central Banks, or do I want to put my money in bonds or CD that pay anywhere from 6 to 7%?? Not a very tough choice.>>> Well, Let's see...With taxes and inflation eating-up the value of the dollar sitting duck in CD's and bonds...perhaps you would put money in bonds, just not US bonds... It does become an easy choice wnen momentum swins into Gold than perhaps Swiss think twice..<gg>

To: Hawkmoon who wrote (51494)	4/14/2000 9:20:00 PM
From: longtom	Read Replies (2) \| Respond to of 116759

Ecommerce has caused an increase in demand for delivery services, which must pay a (much) higher price for fuel. This is but one way that ecommerce will stimulate the economy and add incrementally to inflation. Tom

To: Hawkmoon who wrote (51494)	4/14/2000 9:27:00 PM
From: GST	Read Replies (2) \| Respond to of 116759

Ron: <this too will pass...> ya, like a kidney stone.

To: Hawkmoon who wrote (51494)	4/14/2000 9:39:00 PM
From: d:oug	Read Replies (2) \| Respond to of 116759

<<... now that Billions (Trillions?) have been lost in the latest correction.>> Ron, I have never experienced being at a lost for words to discribe your posts as you noticed from the get go when your post to the now si thread missing man Bill Murphy and I replied to your "let me tell you..." with an echo of that. As a continuation, to me you have never been lost, eventhought I have always questioned your location. But that being there, not here, and here you are saying something was lost. ok, but is the meaning of the word you used "lost" used like that Clinsin's "is", as is you lost really a move or transfer or exchange, or is it like a poof or expire or vanish ? You are very aware that you consider yourself the person others look for when they are lost and need a correction. ok2, so where is that "lost" money ? Is it destroyed, gone, never to be seen again as in worthless ? scam or con game or Lost Vegas to gamble, a winner needs a loser, and vice verses but available goods needing money for exchange remains constant at the point of "lost" Unless its Alice in WonderLand and is is not is as the lost is not a lost if it is not lost but just moved, unless its just Ron does not know where it is(went). <<Just like Y2K, this too will pass...>> As if there is a problem ? Why ? What will pass ? Nothing is wrong, nothing has changed except a money transfer. Doug

To: Hawkmoon who wrote (51494)	4/15/2000 11:10:00 AM
From: long-gone	Respond to of 116759

<<Let's see... Do I want gold, which continues to be sold by Central Banks, or do I want to put my money in bonds or CD that pay anywhere from 6 to 7%?? Not a very tough choice.>> Could you find this choice a bit more difficult if much of the gold which is to be sold has already been loaned and sold once or more often? How many layers of leverage might there be in the current gold "inventory"? Is not a sure thing - no matter how bad - better than the current "no bottom in sight" margin balloon driven tech market decline? Why did was the most recent inventory & audit of US gold reserves not actually taken? Why have the questions from Congress about this most recent audit not been answered by the Treasury?

To: Hawkmoon who wrote (51494)	4/15/2000 6:12:00 PM
From: goldsnow	Read Replies (1) \| Respond to of 116759

<<<And besides, there are inflation indexed bonds that will provide a FAR BETTER return than gold. And money will go there rather than a relatively illiquid metals market.>>>> Ouch! Far better? Foregone conclusion based on? Well, so returns may be much better ..except that value of the bonds will sink along with a dollar....assuming that what you are saying is that (foreign) investors will place money in US bonds...And why would they do this if Gold start to rally against dollar? Ah, but your assumption that it never will and that Dollar will never tank...(never mind trade deficit, lack of spending and bear market) You must be working for BoE (Bank of England) <ggg>

To: Hawkmoon who wrote (51494)	4/15/2000 7:12:00 PM
From: goldsnow	Respond to of 116759

No Relief in Sight The CPI climbed 0.7% in March, its biggest increase since April 1999 and above the consensus estimate of 0.5%. The core rate, which excludes food and energy, rose 0.4%, double expectations. The data renewed fears of Fed rate hikes, overshadowing hopes the carnage in stocks will dissipate the 'wealth effect' Alan Greenspan has repeatedly spoken about. In a speech about risk management today, Greenspan did not directly address the developments on Wall Street. But in a discussion of financial crises, he said "financial institutions should expect to look to the central bank only in extremely rare situations." Market players took that comment as an indication that no relief is forthcoming from the Fed, as was the case in October 1998. "He slyly sent a message he's not going to bail the market out at these levels, he'll let it go further," said Edward Nicoski, chief market strategist at U.S. Bancorp Piper Jaffray. Stocks falling further is exactly what Nicoski expects, even if the market is now "oversold" on a short-term basis. "It doesn't look like this is going to be over with," he said. "You've busted the bubble really bad. There's no evidence you've made a good low." Some classic signs of fear usually associated with bottoms were evident -- including a sharp rise in put buying, gains in gold and a spike in the Chicago Board Options Exchange Volatility Index, which rose 15.3% to 39.33 after trading intraday at its highest levels since October 1998. But market players were loathe to suggest the carnage will end here. A few even saw similarities between the recent action and the days preceding the crash in October 1987. "It's track in many senses," Nicoski said. In 1987 there were "very volatile days and weeks coming up to the crash, then a horrible Friday, the crash on Monday and the market illiquid on Tuesday. And the Fed was raising interest rates. abcnews.go.com