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


To: Crimson Ghost who wrote (64498)2/26/2001 9:31:24 AM
From: Rarebird  Respond to of 116759
 
Yes, the fact that Gold is higher here in spite of a lower Euro this morning is very bullish.

I think many here have been so bitten by the Gold Bear that they don't realize how bullish a projected 2.5%-3.0% Fed Funds rate is for the Gold stocks.

Severe Deflation is coming. That's great for Gold.

Why are most people so bearish here in regard to Gold? The fundamentals don't warrant a restrained attitude.