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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Earlie who wrote (86994)12/16/2000 5:45:54 PM
From: Joan Osland Graffius  Read Replies (1) | Respond to of 132070
 
Earlie, >>I think we all should be putting at least a bit of gold away as I think the US dollar is about to take it in the neck.

I agree. I have been nibbling at some gold stocks and currently own a fund with gold, diamonds and platinum. I am going to Australia this summer and hope to buy some physical. I sold my Pd and diamond stocks a while ago but will reload when they get cheap. If we get a recession these stocks should get get cheap.

BTW, we still have some German gold coins from the early 70's. <g>

Joan



To: Earlie who wrote (86994)12/16/2000 7:29:45 PM
From: Don Lloyd  Read Replies (1) | Respond to of 132070
 
Earlie -

...I think we all should be putting at least a bit of gold away as I think the US dollar is about to take it in the neck.

Will the Canadian dollar tag along or hold its own?

TIA, Don



To: Earlie who wrote (86994)12/16/2000 11:06:37 PM
From: Tommaso  Read Replies (1) | Respond to of 132070
 
Earlie, oil prices could decline some maybe.

But the Department of Energy natural gas figures make a very plain case for natural gas storage to be empty early next winter. Not low: gone. There will still be natural gas, but nowhere near the demand. That could be cured over the next 2-3 years but a year from now, all United States storage (in salt domes, old coal mines, old mines, wherever) may well be empty.This is simply arithmetic, not speculation.