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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?


To: Bob Dobbs who wrote (57961)9/8/2000 11:56:04 AM
From: Ahda  Respond to of 116753
 
Other value markers in the world, especially competing currencies, have become cheaper with respect to the dollar - why not gold too? <i/>

You hit the nail on the head. Gold was a monitary unit of value that created limit. Paladium is a metal in demand there of it's cost shows its value. The world tallies pretty much all on the US dollar but then the question becomes is not the US dollar Nasdq Dow and Amex? One would then use a combined pe ratio a return on investment ratio and apply this to other world markets to attempt to create absolute value to the dollar.
We are not at a world point where we do this yet.
Where we are is at a point where we are tyring to spur growth and in doing so we reduce poverty world wide. if this was a fluke due to greed and bottom line it appears to be working.
Now when you vote, vote for a politician who is respected by the world.



To: Bob Dobbs who wrote (57961)9/8/2000 12:50:28 PM
From: goldsheet  Read Replies (2) | Respond to of 116753
 
> There is another major factor in determining gold price you haven't mentioned, and that's the strength of the dollar

I and others have mentioned it a million times in other posts, so I figured there was no point in beating a dead horse.
I chart it every week at the bottom of goldsheet.simplenet.com
and have a page just for AU/XAU/USD at: goldsheet.simplenet.com