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

To: baystock who wrote (73030)	7/8/2001 9:20:44 AM
From: c.hinton	Respond to of 116758

I remember a posting from the strickly oil thread about how it was important to invest in gold BEFORE inflation became a recognised problem,ie inflation going up, interest rates comming down.Well is strikes me that it was the first half of the 1960's when inflation started and the first half of the 1970" when measures to combat inflation were enacted.The artical you cite goes back 26 years,1975.It should be examining the 15 years previous to that,when gold was a controlled substance and the gov was debaseing,quite literaly, the currency by reducing the silver content of coinage.You dont want to own gold when interest rates are going up.You want to own gold when interest rates are going down.