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Gold/Mining/Energy : Precious and Base Metal Investing -- Ignore unavailable to you. Want to Upgrade?

To: Cogito Ergo Sum who wrote (25120)	12/6/2003 8:42:55 PM
From: yard_man	Read Replies (1) \| Respond to of 39344

but you said oil was down in those other currencies?? except for the "income" angle, I am not sure I see the trusts as a safer bet than gold. If we really are in depletion mode on NG and getting ready to hit peak global production for oil -- gold will respond to those situations, just like NG and oil ... I do agree about the USD / Nortel analogy -- and that is an explanation of why gold has not risen against other currencies -- folks view the dollar slide as a temporary adjustment ... for now.