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


To: d:oug who wrote (81362)2/1/2002 9:05:23 AM
From: Don Lloyd  Read Replies (1) | Respond to of 116756
 
Duug -

...Gold will be the next Enron...

Back to $35/oz. ?

Regards, Don



To: d:oug who wrote (81362)2/1/2002 11:49:45 PM
From: d:oug  Read Replies (2) | Respond to of 116756
 
Gold Price Monitor News for Friends of GATA and Gold

Investment pros puzzled by gold's stubborn rise.

groups.yahoo.com

From: "cxpowell" <GATAComm@a...> a.k.a. gata.org
Date: Feb 1, 2002

- Investment pros puzzled by gold's stubborn rise
- Gold gain points to currency risk
- 'Strange' buying of metal may be sign of distress

By Thom Calandra
CBS.MarketWatch.com
Friday, February 1, 2002

SAN FRANCISCO --

... [world] economic leaders meet
... wonder whether gold's steady price rise this week
is the first crack in the global currencies dam.

... [prompted] the question of who is buying -- and why.

... losing confidence in the monetary policies of Japan,
Europe, and the United States, in that order of concern,"

... "[the Fed's] rate hikes that caused an inverted yield curve

... the [USA] government will mount a new regulatory assault
against business." Landon says gold is the only refuge for investors
who seek to avoid currencies that are attached to...

... "things haven't been quite the same since," Bishop says.
-END-