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


To: Alex who wrote (61985)12/14/2000 12:11:22 PM
From: TD  Read Replies (1) | Respond to of 116762
 
I'm no Gata nut, as they're
called, but it's obvious that SOMETHING'S wrong. Yes, it could be that gold is indicating a debt liquidating depression where money is scarce and not plentiful. In that situation having no debt and cash is very important.



To: Alex who wrote (61985)12/14/2000 12:16:37 PM
From: Ahda  Respond to of 116762
 
I think somehow the BOJ and the FED are together managing to keep dollars at some sort of what they feel is stable level. This is an iffy statement i am making so don't take it as the written word.
UK is also considering dropping rates so what you are seeing is what i feel a world that is not doing as well as hoped.
Again off the wall here somehow in my opinion between the larger nations there is communication but it was the baht that started the downward spiral on the yen.
The something wrong is gold does not allow free expansion. Considering the plight of the dot coms however the free expansion vanished rapidly leaving behind it too large a trail of paper that we call debt.