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To: Box-By-The-Riviera™ who wrote (96790)	4/20/2001 10:21:26 AM
From: Real Man	Respond to of 436258

I see they throw in everything to combat the recent price rise, from the decline of gold lease rates matching Fed's interest rates decline to reports of reduced demand, various bearish articles, and now this ... Personally, I see gold as the only real enemy of USD. What else will central banks keep in reserve? Euros? Yen? Or maybe Roubles or Turkish liras?

To: Box-By-The-Riviera™ who wrote (96790)	4/20/2001 1:19:18 PM
From: pater tenebrarum	Respond to of 436258

LOL! <<There was consensus that physical demand wasn't to be seen at price levels well above $260 an ounce, and without that, it would be difficult for gold prices to move much higher>> <<He said he disagreed with the majority view that gold would rise if rates were cut fast enough due to added money liquidity putting pressure on the dollar>> the CONSENSUS and the MAJORITY VIEW....not the same thing, it seems! -vbg- marvelous article from a sentiment perspective...it's like the twin of BW's "equities are dead" article in mid '82.