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

To: Zardoz who wrote (86018)	5/28/2002 12:44:14 PM
From: long-gone	Read Replies (1) \| Respond to of 116893

I was right wasn't I? This India Pakistan problem has passed being just another border dispute. Your guys better get after it & stop this war or gold will move up hard now & up less in the future as millions of future gold buyers die.

To: Zardoz who wrote (86018)	5/29/2002 7:33:44 AM
From: long-gone	Respond to of 116893

Contrarian Chronicles Bill Fleckenstein Key quote: "De-value investing By now, regular readers of the Contrarian Chronicles know that in my opinion, protection may lie in the area I refer to in my daily column as "Away from stocks." It is here that the real action is taking place. Most of the time, nothing too earth-shaking is coalescing, but now seems to be the exception to the rule, and that's why it's important to redirect our focus here. I have long been of the opinion that at some point, the dollar was going to come under a great deal of pressure, and this reality doesn't seem to be debatable right now. At the same time, the metals are going up, which in my opinion corroborates the view that we have a currency problem. I don't believe gold is rising because people fear inflation, although I do believe that inflation is always higher than the government reports. Parenthetically, I would say that long term, we will have an inflation problem in this country, but first we're going to have a problem with asset prices getting hammered. So, the precious metals and other currencies are signaling, I believe, that the trend has changed for the dollar. When you couple this with the weak fixed-income market"(cont) moneycentral.msn.com