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

To: Real Man who wrote (88184)	7/23/2002 2:10:25 AM
From: bill	Read Replies (1) \| Respond to of 116796

Just checked the Forex and the price of gold. Neither make any sense given the situation re the US market. The dollar is up against the yen and against everything else in a big way. The Euro is back below parity. Gold is down over two dollars. The US market is crashing. The US dollar should have continued its fall against the euro (and everything else). It's got to be receiving support, once again, from large buying by Japan, and the EUC and the selling of both the Euro and the yen. To see the US dollar sprint ahead under the present conditions defies logic. At what point does it become impossible for the three entities to continue to prop up the US dollar? Or, am I missing some part of this equation?

To: Real Man who wrote (88184)	7/23/2002 2:34:23 AM
From: marek_wojna	Respond to of 116796

YEAH, if gold will hold 300 while computers, cellphones, dvd players will be given free every time you fill the gas tank people will finally realize that this is is an asset which holds value in the meantime don't go bankrupt. I don't have the very firm opinion regarding stocks - on one side the Street might be soon desperate to look for something that works even if this is hated gold, on the other hand if this will become political issue gold bugs will need another France who will put everything on one card without being at risk to be called "YOU ARE NOT WITH US AND THATS MEAN YOU ARE AGAINST US" and fabricated documents will justify bombing of the "terrorism sponsor" Venezuela might be the latest example of how clean the politics are. Calling Cuba sponsor of terror made Bush the hero of cartoons magazines around the globe and in many states of US. But Power is Power till is broken.