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To: long-gone who wrote (75086)8/16/2001 8:25:57 AM
From: lorne  Read Replies (3) | Respond to of 116759
 
IMF emerges as gold's unlikely champion.
08/15/2001
" Putting those concerns aside, the message is simple and powerful for investors in gold. There is now a groundswell of opinion saying the dollar is too expensive. It has to be too expensive relative to something. Other currencies yes, but that's the flip side of the same coin (no pun intended). When looked at from another way, the IMF is agreeing that gold is going to become more expensive if you're buying it in dollars."
" The gold price will adjust automatically to the devaluing dollar and will be additionally boosted by rising investment demand. That might be slightly offset by dis-hoarding from some countries, but it will probably be insufficient to quell the gilding that dollar-investor demand should provide."
Full story >>>
mips1.net

Long....Went back to this site to check something and could not get story......was ok a few minutes ago?



To: long-gone who wrote (75086)8/16/2001 8:42:22 AM
From: Box-By-The-Riviera™  Read Replies (2) | Respond to of 116759
 
he'll reverse before its over dude.



To: long-gone who wrote (75086)8/16/2001 9:17:45 AM
From: Rarebird  Read Replies (1) | Respond to of 116759
 
Do You Know Where the USD was trading when Bush took office?

You sound even more Delusional than usual this morning. What's wrong?