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

To: ahhaha who wrote (79472)	11/20/2001 11:47:17 AM
From: Zardoz	Read Replies (2) \| Respond to of 116753

Why didn't you just say: "gold is going lower, sell now" I see $250 range again as possible, maybe even lower.

To: ahhaha who wrote (79472)	11/21/2001 1:43:07 AM
From: ahhaha	Respond to of 116753

The reason the dollar is weakening is that FED has allowed the wage inflation engine to gradually build itself into an unassailable position. One need only look as far as UAL's mechanic's union to see the degree of intractability. UAL is a totally busted superficially operating disaster and unions are going out on strike in order to seek a "level playing field". This is what AG's WinXXX productivity rationalized money growth has wrought, so AG's FED will have to be the one which breaks American labor. But first FED will pump it up to accommodate the next highest marginal cost worker, given the highest has already settled. However, the highest will have to come back early for another round. Thus Americans will be at war with each other, a war that never left and is far more dangerous than a mere crusade.