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

To: dean poets who wrote (69082)5/11/2001 7:22:07 PM
From: Crimson Ghost  Respond to of 116764
 
Three bullish factors going for gold now

Rising long-term rates. This reflects escalating inflation fears.

Declining short-term rates (this reduces returns to the gold carry trade)

Higher lease rates (further reduces gold carry returns)

But one key factor still is bearish -- the buck. Still extremely strong. The buck must go down for the count before POG can really take off.


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