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

To: gold$10k who wrote (71343)	6/9/2001 4:13:56 PM
From: Rarebird	Read Replies (2) \| Respond to of 116752

Valutrader: The U.S. economy is in Horrendous shape. U.S. debts, both internally and externally, are Immense. The money-pumping excesses of the Fed are beginning to worry even the Strongest advocates of Growth. All the Economic Fundamentals are in Gold's favor here except for the strength in the US Dollar Index. That will be the last to fall hard- but fall hard it will. There is no way the Dollar can continue to maintain its lofty status moving forward. There will be no economic recovery in the second half of this year. Once the credibility of the Fed and Greenspan vanishes, it is By By US Dollar. You gotta like that higher low on the POG here. The Powers that be will fight very hard to the very end. I know where their allegiance lies. Ultimately, Bush is no different than Clinton in regard to its strong U.S Dollar policy. Those who thought the Bush Administration would be more friendly to Gold and a weaker U.S. Dollar were living in LA LA Land. I had said prior to the November Election that Bush himself would be no different for the Gold Market than Clinton. It is not even in the interest of U.S Multinational Corporations to have the Bush Administration maintain its Strong Dollar Policy. They are begging Bush to reverse its stance here but to no avail: nj.com PS The Commercials take the Dollar Index seriously.