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

To: marek_wojna who wrote (72513)	6/27/2001 11:01:04 PM
From: Square_Dealings	Read Replies (1) \| Respond to of 116944

The natural laws of supply and demand are completely out of wack Energy and the environment Commodities Stocks Currencies Credit There is such a large imbalance between the prices things are at and what they are really worth that it can only be resolved by 1) A large implosion of stock prices, bankruptcies and generally flushing of the system, or 2) A very long period of sideways movement in which the imbalances are brought into balance A sustained rise in gold prices and interest rates would trigger 1) and it may be that the Bank of England would be the first to go down, followed by Goldman, JP Morgan and the whole gang. So of course they are going to fight to the death to try and keep a lid on it. I'm not sure the US has enough extra cash laying around to bail all these guys out right now. M.