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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?

To: el_gaviero who wrote (1278)	9/10/2001 10:30:02 AM
From: isopatch	Respond to of 36161

el_gaviero. What would make us wrong? Well, the Fed could decide to stop cutting rates. But IMO, that by itself wouldn't be enough sink the gold ship. The real key to future inflation and dollar debasement is, as Steven Roach of MS has pointed out, the highest growth in the monetary aggregates in over 20 years. If the Fed were to seriously cut back on that frenzied rate of monetary creation during the current global recessionary conditions? Sure then we would see gold and all commodities tank big time. What do you think the chances of that are? Best regards, Isopatch