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


To: Real Man who wrote (67533)4/11/2001 11:50:14 AM
From: Rarebird  Respond to of 116972
 
<I guess when the dollar finally falls, it will fall off a cliff really quickly. Look at the November-December 2000 decline. 10% in no time at all>

I'm talking about a lot lot lot worse than 10% once the Delusions Of Grandeur is exposed and broken.

When does An Asset Become A Liability?

Although it is not yet been exercised, Europe is capable of supplying a Gold reserve behind the Euro cash currency of 30-40%. Further, Europe could, if it should choose to do so, make the Euro CONVERTIBLE into Gold on demand to that degree.