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

To: Archie Meeties who wrote (62295)	12/28/2000 8:29:07 AM
From: lorne	Read Replies (1) \| Respond to of 116753

Gold's revival hinges on US rate of growth. " The analysts say that while this is good for economic growth globally, it is less beneficial for gold, which is struggling with a strong dollar and buoyant equities markets that reduce its investment appeal. Analysts say the decision by the Bank of England, the Swiss National Bank and the central banks of several other European countries to reduce significantly their gold holdings in favour of other investments will continue to act as a drag on sentiment towards the metal. " Full atory >>> bday.co.za

To: Archie Meeties who wrote (62295)	12/28/2000 9:50:56 AM
From: Hawkmoon	Read Replies (1) \| Respond to of 116753

why don't you compare 2000 gdp in the us vs europe? Why don't you assist me in locating a website that consolidates economic data from EMU member nations? I spent an hour last night qwerying the net try to discover just that, and wound up primarily with data about Germany and France, the two largest members. But what you implicitly are asking for is not able to be put down in a graph simply because no one has anticipated the US would slow down this quickly. Thus, no one has yet predicted the results on those economies who are net exporters. Here are the anticipated growth rates for Germany and France based on pre-recessionary US data: investronic.com investronic.com Now I would challenge you to provide us the very same graphs, charts, and data that would support the premise that, despite 33% of the world's global economy going into recession, they will be unaffected and will be able to maintain their growth. Regards, Ron