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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?

To: habitrail who wrote (28180)	2/15/2003 6:05:04 PM
From: SliderOnTheBlack	Read Replies (1) \| Respond to of 36161

["Fine, but your argument does little to address the concerns of the people you intend it for, since they do not think of gold as a mere commodity anymore."] ...then they sure as hell had better not be holding their Gold Stocks in US Dollar demoninated trades/accounts now should they (vbg) ? - kind of dicounts the upside returns for goldstock moves - if you loose cooresponding purchasing power from the falling USD's that you settle in. But, that's another subject... Acknowledged; that some seek gold as a safe-haven for the falling USD...but, not enough investors to even matter - have ever, are presently, or will ever - act on the falling USD. History has shown that... Gold has, is and will move in the future - primarially on it's own attraction. I acknowledge your point...but, there are simply not enough individual's focusing, or even cognizant of the contracting purchasing power of a falling USD... and few here on this thread cognizant of the discounting of their goldstock gains - being returned to them in falling USD settlements. Indeed; anyone thinking that any "historic" levels are going to be reached by Gold on the upside, or the USD on the downside... MUST also offset the discounting of their Gold Profit settlements in US Dollars - with currency hedges.