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


To: SliderOnTheBlack who wrote (66257)3/20/2001 6:23:52 PM
From: Hawkmoon  Read Replies (3) | Respond to of 116764
 
Actually, Kudlow says that a $30 bounce in the price of gold is what he would like to see in order to show that the Fed is injecting enough liquidity into the system.

And the question is whether you would be better off holding gold for a 12% net gain, or holding other assets that would greatly benefit from lower rates and easier lending standards.

But no where is anyone expecting, nor should they expect, some major move in the price of gold above $300/ounce.

Regards,

Ron