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To: Archie Meeties who wrote (71587)	5/6/2000 8:16:00 PM
From: Jim Willie CB	Read Replies (2) \| Respond to of 152472

your question: "The better question is why the DM price of gold is rising while the price in US$ is not, when Germany's inflation is less than half of the US's?" my answer is laced throughout I will state it more concisely rising gold price in DM terms is an aberration from the falling DM currency gold is steady as a rock in US$ terms (the world's common denominator currency) hence gold rises inversely in DM terms as DM slips versus US$ also, Europe is soon to import some inflation as a result of its weakened currency all imports are to become more expensive rising gold price in DM terms confirms this future expectation but this confirmation is secondary to the US$/DM/gold relationship Europe does not have inflation now gold is a future indicator of inflation (not current indicator) I see this as plain as the perfect nose on my face if you disagree with most of my post, why not delineate what you disagree with? then maybe counter with a thoughtful cogent argument? then close by providing a link of the other posted message where you stuck a sharp object in my dorsal facade? to simply disagree carries zero weight, and zero convincing of my shortcomings or your superior constructs / Jimmy Descartes