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

To: Real Man who wrote (94545)4/14/2003 2:19:06 PM
From: T-Lo Greens  Read Replies (1) | Respond to of 116834
 
Vi I don't follow elliot waves, but I remember reading somewhere that Prechter was calling for POG $240 or so, which I disagree with. Right now my fair valuation for POG is actually $260 but with political instability the premium might add another $10-25 so a range between $260-285 is acceptable to me for year end. POG is priced in USD so deflationary pressure on the USD is actually bad for POG.



To: Real Man who wrote (94545)4/15/2003 3:34:18 PM
From: long-gone  Read Replies (2) | Respond to of 116834
 
<<Yes, the dollar crash will bring deflation to the world, but gold will likely move up in USD terms, no? >>

Not really sure deflation projections aren't related to (currently unrational) fears of negative impact on rate of world population growth from new(er) diseases.


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