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


To: marek_wojna who wrote (86203)5/31/2002 7:12:36 PM
From: long-gone  Read Replies (2) | Respond to of 116764
 
<<In the case there is a war in the east dollar will regain strength. Gold will explode.>>

I don't know about that. I want everyone to sit back & think, seriously consider if tomorrow we awoke a & 17 Million people lost in India & Pakistan.

Can anyone here even begin to imagine the level of deflation with the loss of those millions of souls? Then imagine the following level of inflation, there, as the walking dead & wounded become a burden on their economies?

We are talking about a whip-saw gold market where the price would boom to perhaps $630. Following would be a crash to maybe $160 then, oh my God, I can't even begin to guess but the prior high of $630 would seem like nothing!