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Strategies & Market Trends : The Millennium Crash -- Ignore unavailable to you. Want to Upgrade?


To: Rarebird who wrote (5133)6/4/2000 7:33:00 AM
From: GROUND ZERO™  Respond to of 5676
 
Thanks... yes, that's an interesting chart, but I still wouldn't buy gold... I think a better play is to short the bonds, a much better play.....BWDIK In fact, I shorted the bonds just this past Friday...<g> come to think of it... go figure.....

GZ



To: Rarebird who wrote (5133)6/4/2000 11:10:00 AM
From: Tommaso  Read Replies (2) | Respond to of 5676
 
Thanks very much for the chart, but what it tells us is that gold becomes much sought after only during times of great internal dissension. I say this as someone who holds gold and who has lost a good bit of money on precious metals. I do not see any reasons for political upheaval in the United States. Maybe economic upheaval, but that's not the same, unless we got an inflation rate of over 10% a year. Which is possible.

As I say, I hold a good bit of physical gold and own gold mining stocks, so please don't see me as pooh-poohing your conclusions.

I think oil is the place to be right now. And gas.