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To: s.pecunius who wrote (127081)10/3/2001 3:02:51 PM
From: pater tenebrarum  Read Replies (1) | Respond to of 436258
 
yes, they all indicate deflation. however, falling interest rates are good for gold, as they diminish the profitability of the carry trade as well as well as the opportunity cost of holding it. it's however true that once a gold rally begins for good, rates will probably rise concurrently.