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To: rolatzi who wrote (150361)2/8/2002 7:50:54 PM
From: maceng2  Respond to of 436258
 
Hi rolatzi,

I was talking about keeping cash and cash related investments (related to the dollar) and not allowing investors to see gold as a "good investment". I was not trying to bash the dollar.

My point rather was that a strong gold price is "undesirable" because real power can be taken from politicians and central bankers. I'm finding this quite amusing actually.

My trading/investment account is in dollars, so I hope the dollar holds up against other currencies.

I like gold of course -g-



To: rolatzi who wrote (150361)2/8/2002 8:40:06 PM
From: Box-By-The-Riviera™  Read Replies (1) | Respond to of 436258
 
that is the beauty of it isn't it. the dollar is in fact no longer key to the gold price.. and in some respects, its high value drives it relative to other currencies. otoh, if they allow the dollar to fall, no harm done either. waves of fundamentals are washing over this sector in a perfect storm. including the best of all, the operating efficiencies of the surviving companies themselves. talk about back to values, back to basics.

i can't prove it, but the gold rally is the ultimate vote with your check book vote against the current state of affairs. the absolute fuck you vote AG.