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

To: Zeev Hed who wrote (63929)	2/17/2001 9:24:35 PM
From: long-gone	Read Replies (1) \| Respond to of 116764

<<I just do not see why it should differ from any prior rally we had in the last four years, >> Haven't the President the head of the Treasury & even the opinions of the head of the Federal Reserve changed of late?

To: Zeev Hed who wrote (63929)	2/18/2001 10:47:44 AM
From: Crimson Ghost	Read Replies (1) \| Respond to of 116764

Zeev: Getting beyond the immediate price prospects for gold and gold stocks, I wonder about your argument that tying currencies to gold would be inflationary. Conventional wisdom is just the opposite. NEWSWEEK economic columnist Robert Samuelson (the brother of Paul Samuelson I think) argued in a column recently that the gold standard was a key factor behind the 1930s depression and recovery only became possible when major nations went off the gold standard. The argument is that the gold standard made it impossible for the monetary authorities to reflate aggressively.