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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Zeev Hed who wrote (49676)5/7/2000 11:24:00 AM
From: Joan Osland Graffius  Read Replies (1) | Respond to of 99985
 
Zeev, >> why should gold be more

I am not sure we understand why investors will buy gold today. We know the last time gold was high in price was during inflationary times. At least I think we know this. Our currency systems have changed since then and central banks have been sellers of gold. I am not sure we know for what reason todays or tomorrows investors will buy gold, but he/she will find a reason and IMO it will be when they are scared.

Joan