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


To: goldsheet who wrote (63229)2/2/2001 3:22:20 PM
From: GST  Read Replies (1) | Respond to of 116756
 
Bob: No need to rush to the complicated view when the more simple one works -- but I suggest that the world is not flat or linear. We are coming off the longest economic expansion in history -- an expansion that created great wealth but also great imbalances. The current account deficit is a candidate for the king of imbalances -- and it has a direct bearing on investment decisions at this juncture. If you have wealth there is an incentive to keep it. Gold could be part of the response. That too is pretty simple.



To: goldsheet who wrote (63229)2/2/2001 3:27:38 PM
From: re3  Read Replies (1) | Respond to of 116756
 
Bob, if i may, gold did go up in the mid 90's...

what did it peak at, what did the xau peak at (rough #'s are fine) and why did it go up then ?

are the factors for a similar rise not in place ?