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Strategies & Market Trends : Piffer OT - And Other Assorted Nuts -- Ignore unavailable to you. Want to Upgrade?

To: MulhollandDrive who wrote (49223)8/17/2000 7:48:43 PM
From: Lizzie Tudor  Read Replies (3) | Respond to of 63513
 
fundamentally I don't "get" gold. I can't even figure out why it is called an inflation hedge. As near as I can determine gold as an inflation hedge is a remnant from the gold standard of years ago. Now gold has few meaningful uses and costs more to dig up than it is worth. I must be missing something... what though



To: MulhollandDrive who wrote (49223)8/17/2000 7:56:30 PM
From: Jorj X Mckie  Read Replies (1) | Respond to of 63513
 
I am buying it because the chart is suggesting a bottom. And with my upcoming bout with painkillers, I want to be positioned in something that isn't going down. I do think that the market is risky and with the USD hitting a top, I am thinking that gold might be moving up a bit.


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