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To: Ilaine who wrote (104539)5/24/2001 12:52:33 PM
From: craig crawford  Read Replies (1) | Respond to of 436258
 
Look at the 30's and the 70's. Commodities can do quite well in times of economic turmoil and bust as people flee paper assets and return to hard assets.

If you want to hear my ramblings which are not very concise cuz I was too tired to edit my thoughts, you can read this lengthy post
Message 15840232

If you want a lengthy but more well thought out case read this page

The Great Commodities Bull of the 00's
lemetropolecafe.com



To: Ilaine who wrote (104539)5/24/2001 12:54:02 PM
From: craig crawford  Read Replies (2) | Respond to of 436258
 
Potential Russian sale rocks gold price in Europe

5/24/2001 12:03:00 PM
www2.marketwatch.com;

LONDON, May 24 (Reuters) - The price of gold plunged in afternoon trading in Europe after reports that Russian President Vladimir Putin was willing to sell part of Russia's gold reserves to help flood victims in eastern Siberia.

By 1510, spot gold <XAU> was indicated at $278.70, a spectacular fall from intra-day highs of around $287 and Wednesday's New York close of 283.50/284.00.

(more)