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To: Rarebird who wrote (53648)6/4/2000 1:46:00 PM
From: goldsheet  Read Replies (3) | Respond to of 116785
 
> A $355 POG should lead the XAU considerably higher than 70-74.

Historical (16 year) AU/XAU average: 3.77
Therefore, at $355 POG, "fair value" for XAU would be 94

Reference: goldsheet.simplent.com



To: Rarebird who wrote (53648)6/4/2000 7:01:00 PM
From: PaulM  Respond to of 116785
 
F BERGSTEN - THE COMING RISE OF THE EURO (JAN 2000)

iie.com

And folks think the Fed's raising short term interest rates is to prevent inflation? More likely to prevent the great deal more inflation that will come with a lower dollar.