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


To: long-gone who wrote (65146)3/8/2001 2:39:51 PM
From: Ahda  Read Replies (1) | Respond to of 116782
 
Richard my point was that there was a period when it appeared gold was vastly over valued. The momentum behind that move was incredible many people bought gold and it was a similar to the bubble to a certain degree and why is what I am asking? Was this caused by a fear of the erosion of the dollar that spread to the Public?

We can assume technology has made advances in the mining arena. Richard i rarely trust the media I had great respect for the London Times as a non biased source and I fear that is going down hill too. How can you not question the media when figures can't add up and they think figures have nothing to do with stocks.



To: long-gone who wrote (65146)3/8/2001 2:45:44 PM
From: Ahda  Read Replies (1) | Respond to of 116782
 
Sorry if i sound sharp i am beginning to view the Fed and the media as a group of jet propulsion engineers..



To: long-gone who wrote (65146)3/8/2001 11:14:44 PM
From: LLCF  Read Replies (1) | Respond to of 116782
 
<"gold has gone straight down for 20 years" >

Not only that... but look at a chart for gold in many other currencies and it's been quite a bull for a time now. The last couple years worth of weak gold prices here in the U.S. has as much to do with the panic flood into $US from around the world as anything else. This will reverse in an unorderly fashion at some point.

DAK