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To: RetiredNow who wrote (58760)	4/1/2002 10:13:05 PM
From: Victor Lazlo	Read Replies (4) \| Respond to of 77400

"I was reading up on all the Middle East disasters and it occurred to me that with the potential of a coming maelstrom in the Middle East and the US targeting Iraq etc, gold might very well continue its upward progress. I'm thinking that if the US attacks Iraq and things escalate even further between Israel and the Palestinian extremists, then people will get spooked out of the stock market. So there is a good chance that gold will continue to be a good investment this year, despite all the signs of the recovery underway. Just a thought. " mm, look at the record: Gold has had no significant response the following: The asian economic meltdown in 1998 collapse of the dotcom/tech bubble. Wild upward gyrations in energy prices Meltdown of the japanese economy and financial system The worst attack on the U.S. mainland ever on Sept 11. So what in our lifetime will it really respond to? Anything? I think bambs often gets much too emotional in her investing. She always seems to be expecting the most dramatic, hyped-out extremes of things. Big deal if a few Japanese are now buying gold and the Euro banks are no longer dumping gold. Is this really a hedge? Nope. All the Indians will be selling their gold soon- those people really know how to trade gold, and they are a force to be reckoned with. Victor ps, there's not going to be any big war in the ME. Egypt will not get involved, and none of the wacko Arab countries can touch Israel. Besides, none of the Arab countries care one iota about the Palestinians.