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

To: Richard Mazzarella who wrote (59084)	9/29/2000 9:26:03 AM
From: Professor Dotcomm	Respond to of 116762

There are those that believe that the Nasdaq index is one of the keys to understanding the gold price. Why? Because Europeans are now finding a chic way of saving is not to lend it to banks but instead to buy some of these trendy European hi tech mutual funds. Problem is that the fund managers can't find enough European hi tech stocks so they fill up on Cisco, EBay etc. This causes the US$ to rise and the Euro to fall. With the Euro falling, gold follows it down. If Nasdaq starts to tank, you should see both the Euro and gold to surge.

To: Richard Mazzarella who wrote (59084)	9/29/2000 9:41:02 AM
From: Enigma	Read Replies (2) \| Respond to of 116762

This is a forum for debate - so ideas are important.

To: Richard Mazzarella who wrote (59084)	9/29/2000 2:18:46 PM
From: lorne	Read Replies (1) \| Respond to of 116762

Richard. Your following statement does not make a whole lot of sense at least to me. >>> " It's irrelevant what I believe, it’s only what others believe. I almost always lose money investing in what I believe. All that’s important to me is knowing what the masses believe in making investment profit. Being right isn't important, being on the right side of the trade is. One of these days the zealots will catch on? LOL "<<< 1) Are you not one of the masses and so help to establish what the masses believe.? 2) "Being right isn't important, being on the right side of the trade is." Being right and being on the right side of the trade is the same thing when trading stocks otherwise you lose money? 3)" I almost always lose money investing in what I believe." When you invest you say your investments are dependent on what the masses believe. So you believe the masses are correct so you invest in what you believe. Correct? :-) LOL