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

To: Crimson Ghost who wrote (71775)	6/15/2001 9:06:58 AM
From: marek_wojna	Respond to of 116790

Unlike couple years ago all others sectors are going south, add perspective of weaker dollar and the picture of traders selling gold now is getting clear.

To: Crimson Ghost who wrote (71775)	6/15/2001 9:18:47 AM
From: long-gone	Read Replies (3) \| Respond to of 116790

I'm not sure we aren't looking at 40+% lower $us but spread over a few dozen years. Yes, perhaps we've seen all time high.

To: Crimson Ghost who wrote (71775)	6/15/2001 4:05:55 PM
From: Professor Dotcomm	Read Replies (1) \| Respond to of 116790

Sorry. In the crowded, smoky filled saloon bar of GPM, I mistook long-gone for you. I hope you do not feel insulted. The message ran something like this: I need some guidance on the Jude Wanniski article you posted (#71,705). Much as I welcomed its endorsement of a $325 POG (since this was my target price I posted on this board some months ago), I cannot understand why he feels this would 'cure deflation'. If this was so, it would be a remarkable discovery which Tokyo, after 10 years+ of deflation, would welcome. I could understand why, if the USD dropped against the Euro or Asian currencies, since this could be reflationary in helping US exporters but how can a uniformly higher gold price ward off deflationary pressures?