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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: chic_hearne who wrote (125145)10/2/2000 6:43:25 PM
From: Jim McMannis  Read Replies (2) | Respond to of 1577836
 
RE:"If this is truly a long term bear market we are entering, gold stocks will do well.
The first thing that needs to happen is for the dollar to collapse."

Chic,
The fundamentals for a gold rally are muddled right now. Central banks have lots they can sell. OTOH, if you are saying what I think you are, with the dollar...you are looking for increased inflationary pressures and aren't quite into the slowdown scenario yet?

Jim



To: chic_hearne who wrote (125145)10/2/2000 6:43:28 PM
From: tejek  Read Replies (1) | Respond to of 1577836
 
The first thing that needs to happen is for the dollar to collapse.

chic,

Why is the collapse of the dollar eminent?

ted



To: chic_hearne who wrote (125145)10/2/2000 9:25:45 PM
From: fp_scientist  Read Replies (1) | Respond to of 1577836
 
Chic,

Re: If this is truly a long term bear market we are entering, gold stocks will do well.

If you want to be defensive, buy some energy related and/or health-care stocks. It is not too late in the cycle yet ... It is not sure that we are in a long-term bear market. We need a recession first.

fp


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