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


To: PaulM who wrote (52903)5/18/2000 8:50:00 AM
From: Rarebird  Read Replies (1) | Respond to of 116791
 
<Is it just me, or is it obvious we're seeing the beginning of the worst financial crisis since the 30's?>

It is not just you. The global financial markets look like they are beginning to go to shreds.

<Hold onto your gold. I just don't see much room left to manuevre.>

Don't underestimate the powers that be and what they can do. They are capable of just about anything. However, when I see value, I hold. I've always been rewarded in a big way when I have done so, eventually.

It is extremely difficult to trade these markets. I'm mostly in cash. But I'm holding my 2 gold stocks.



To: PaulM who wrote (52903)5/18/2000 9:05:00 AM
From: LLCF  Respond to of 116791
 
<Take a look at a chart of every major currency in the world right now--they're all are approaching multi-year lows against the dollar>

Well that should help out current account/trade deficites... NOT!

DAK