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

To: Zardoz who wrote (66246)	3/20/2001 10:41:39 AM
From: Richard Mazzarella	Respond to of 116931

Hutch, Maybe <$250 is correctly priced? Isn't a historical test for 1oz gold value the cost of a suit? Import clothing cost has consistently decreased over the years. While not money, maybe gold is still the primary indicator of inflation (real buying power)?

To: Zardoz who wrote (66246)	3/20/2001 10:57:57 AM
From: Rarebird	Read Replies (1) \| Respond to of 116931

<So where is the best return if you presume that the markets are wrong and world doom is abound. Should we run to the Swiss, Euro, Aussies?> Aussie and Canadian $$$. Outside of a very strong bounce over the next couple of weeks, these markets are doomed. Who will save the US this year? Where is the growth going to come from? PS No miracle this time IMO.

To: Zardoz who wrote (66246)	3/20/2001 12:05:54 PM
From: Ahda	Respond to of 116931

www2.marketwatch.com NEW YORK (CBS.MW) -- Shares of metals companies and gold futures prices inched higher Tuesday in anticipation of the stock market's reaction to the Federal Reserve's decision on interest rates. I honestly can't see what a rate cut will do. The more I read the more i realize that the cutting edge is only the mind that creates it and there is no land that with appropriate finance policy that can't create the cutting edge. The problem is keeping inflation in tow and maintaining a wise use of dollars in the investment community. Goldman Sachs profits dropped sixteen percent, hello this is buy time amounts to goodbye in the real economy. The market is darn tricky our dollar produces financing but it is not showing a return on production. If this interest rate by fluke allows another round of non viable business we are done for. We will cause inflation nationally not just from my scope of CA as CA will soon be pricing itself out of the market. As stands now adjustments being made in the certain segments of the business that will lead to a greater chance of survival in our business sector. In a global economy with labors rates low elsewhere and knowledge that is spreading you have to offer something or you are going to be the victim not the victor. That something is tied to how the world values the US dollar. That dollar is looking ill lately from our own market point of view, it is not creating dollars.