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Politics : High Tolerance Plasticity -- Ignore unavailable to you. Want to Upgrade?

To: stsimon who wrote (1671)	3/15/2001 11:02:39 AM
From: Think4Yourself	Respond to of 23153

I was becoming interested enough about the future of gold to at least follow it. The results of the BOE auction yesterday killed that interest. If the results were so poor under these conditions, it seems only World War III will cause interest in the metal.

To: stsimon who wrote (1671)	3/15/2001 12:55:42 PM
From: Archie Meeties	Read Replies (2) \| Respond to of 23153

Gold's failure to mount a meaningful rally in the wake of the Japan banking crisis shows how meaningless it is as a store of value Wouldn't take it that far. Japans banking crisis hasn't reached panic stage yet, at least not to the point where citizens are exchanging cash for gold. As a store of value, gold has fared far better than equities over the past year, although it pales in comparison a well chosen energy portfolio. Also, you if your concern is that price of gold hasn't reflected economic turmoil in Japan, you should consider the POG in yen, not dollars, like so. the-privateer.com