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To: Stoctrash who wrote (54395)	6/15/2000 1:16:00 PM
From: LLCF	Read Replies (2) \| Respond to of 116836

< Dead money dude if Greenspam keeps going.> Depends on 'real rates' my man... the way inflation is going he can raise all he wants... better brush up on your ECON. DAK

To: Stoctrash who wrote (54395)	6/15/2000 1:28:00 PM
From: Rarebird	Read Replies (1) \| Respond to of 116836

Your mistaken on a couple of counts: 1) At this point in the economic cycle, raising rates will not make the dollar stronger as it will push the US economy into recession, bringing the dollar down with it, which is a positive for Gold. 2)I'm not a gold bug; but a gold advocate who sees value in gold shares at the present time. 3) Your over valued tech stocks are presently in the denial stage that follows the first leg down in a Bear Market. There are at least 2 more legs down coming. The second leg down in tech stocks will come as an adjustment to negative growth. The 3rd leg down is the capitulation phase. The whole primary trend has changed.

To: Stoctrash who wrote (54395)	6/15/2000 1:39:00 PM
From: long-gone	Respond to of 116836

<<Gold bugs like you should HOPE he does NOT raise them. As rates go up...the Dollar gets stronger and growth slows...both the KEY to the future of gold prices. Dead money dude if Greenspam keeps going.>> That is the old world equation underwhich our economy is more supported by exports & less supported by the internal service industry. While this is true, in the longer term, I fear you underestimate the time it will take for the economy to turn back to an export economy & the level of "constructive destruction" which will first take place. You should also look at the tie between gold forward / lease rates & US / worldwide costs of money lending.