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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?


To: t2 who wrote (51320)5/11/2002 10:51:34 PM
From: Jim Willie CB  Read Replies (1) | Respond to of 65232
 
my thinking is simple on dollar and stocks and gold

if dollar drops hard, stocks will suffer
except for a select few big multinationals
if dollar drops at all, gold rises and so do gold stocks

if the stock market generally tanks, gold will benefit
gold has taken over as safe haven for scared money
since February an unusual phenomenon has revealed itself
the USTBond did NOT benefit from scared money
GOLD did

eagerly awaiting the separation next between hedged and unhedged gold stocks
gonna be fun to watch, and will make great press
/ jim