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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?


To: c.hinton who wrote (10718)4/15/2002 6:00:17 AM
From: TheBusDriver  Respond to of 36161
 
From the-privateer.com:

Last week, we said that Gold is at a VITAL point right now. It still is. The longer the Gold price keeps cycling around $US 300, the more vital it gets. It is obvious .... that it is getting harder and harder to hold the Gold price at or about the $US 300 level. The longer it stays there, the harder it is going to be to hold it down, and the bigger the potential for a LARGE upside move when it can't be held down any longer.



To: c.hinton who wrote (10718)4/15/2002 9:26:58 AM
From: gold$10k  Respond to of 36161
 
chinton,

That's exactly my view of the FED's plan... keep the system from totally tanking while setting the stage for repayment of debt with cheaper dollars.

Regards,

vt



To: c.hinton who wrote (10718)4/15/2002 1:32:57 PM
From: t4texas  Read Replies (1) | Respond to of 36161
 
until the dollar really breaks its uptrend i don't the fed will be too concerned about inflation. if the dollar breaks down, inflation has many ways to happen from energy to asian imports. one would also think if the dollar breaks down that other markets would be more attractive for investments. so the fed will concentrate on everything but inflation until the dollar breaks down. however 7 to 8% inflation for the usa is way too high. the fed would have to do something long before such numbers would happen.