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To: zonder who wrote (241297)5/19/2003 10:10:10 AM
From: Earlie  Read Replies (2) | Respond to of 436258
 
Z:

No need: Can do it here, as the ideas are simple.

Most central banks are in print mode and gold has always been the "real money" when printing gets out of hand.

I also believe that most central banks have "loaned out" their gold and that getting it back isn't going to be possible (as it got sold into the physical market).

Most institutions are, as usual, way behind the curve in terms of moving into gold as an investment class. They will, and when they do, gold will be squeezed upward like a stepped-on pumpkin seed.

Best, Earlie