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To: TATRADER who wrote (53189)	5/23/2000 9:29:00 PM
From: Rarebird	Respond to of 116895

It is the Voodoo Dollar Gold is up against here. Once that goes, all hell breaks loose and the Shiny Yellow Metal is Free to Soar.

To: TATRADER who wrote (53189)	5/23/2000 9:47:00 PM
From: Hawkmoon	Read Replies (5) \| Respond to of 116895

If we could just have the dollar sink, we would be in business TATRADER, Exactly why would the US dollar sink? The US is paying one of the highest interest rates out there, not out of trying to support their weak currency (like the ECB is doing with the Euro), but in order to stifle the amazing growth that has been generated over the past couple of years. I would like someone to list how many other economies out there had 6% interest rates, yet still saw economic growth continuing to the extent that the Fed felt they had to slam the economy with a massive pre-emptive strike (1.75% over 6 months) on inflation? And considering they will continue to tighten until they are confident that US growth has subsided to levels they feel comfortable with, that means that inflation fears will be snuffed out and thus FURTHER STRENGTHEN THE US DOLLAR vs competing currencies and gold. The stock market is not the only game in town. Get those rates high enough and people will settle for the modest 7-9% returns they could get in the money market or in CDs. Btw, did anyone here know that there is about $2 trillion sitting in US money market accounts, a holdover of the Y2K fears? It's just sitting there waiting for the Fed to finish their business. That's $2 Trillion just sitting there waiting to pick us US equities at discount prices. Regards, Ron

To: TATRADER who wrote (53189)	5/24/2000 4:49:00 AM
From: TheBusDriver	Read Replies (2) \| Respond to of 116895

<<NEM did a 180 today and HM a MACD zero line crossover>> Been watching HM but don't have any. It is looking strong right now and would be a good trade IMHO. BMG OTOH is still bottoming out after the last run to 2 1/2 I am still holding BMG...decided to hold since I am in much cheaper than $2...might regret this but time will tell. You are right about POG and BMG price break out...but the same would be true for just about any major I would think.... Thanks wayne