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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: LLCF who wrote (27607)1/21/2003 11:54:11 AM
From: energyplay  Read Replies (1) | Respond to of 74559
 
Just looking at the historical record, gold hit $800 in response to inflation. Lots of wars and crisis since then, producing maybe 10-15% rise in POG.

I think dollar holders will have to see an actual drop in value before there is a mass exchange for gold. Might be differnent if the Euro hadn't stumbled so bad initially.