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To: Victor Lazlo who wrote (125785)5/31/2001 8:17:21 PM
From: Sarmad Y. Hermiz  Read Replies (1) | Respond to of 164685
 
I don't know anything about metals, precious or otherwise. But I did read in Business Week a week ago an article that explained why the savings rate is much higher than it seems. I won't summarize it here, but it supports the assertions you were making to GST. One of the conclusions from that study is the savings rate is really approx 10%.



To: Victor Lazlo who wrote (125785)6/1/2001 1:57:24 PM
From: craig crawford  Read Replies (1) | Respond to of 164685
 
Actually gold has pulled back right to it's downtrend line that it just broke above. More importantly however, is not what gold bullion has been doing, but the stocks. Stocks like HM/NEM are still up 70-90% off their lows. So you can make fun of gold the metal, but anyone holding gold stocks the last several months probably isn't complaining too much.


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