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

To: KyrosL who wrote (63966)2/18/2001 12:35:16 PM
From: Zeev Hed  Respond to of 116764
 
Kyro, last year the Euro fell 30% vs the dollar, the Euro is certainly an "equivalent currency" to the dollar, we still did not have a major move into gold. You must ask yourself why the people in the three regions affected run to the "inflated and worthless" dollar and not into gold. In Korea "patriotic citizens" were melting their gold down to save the Won, surely, that movement could not have been afoot if gold was till in a position of "currency of last resort".

Zeev


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