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


To: elmatador who wrote (44343)1/5/2004 11:22:07 PM
From: TobagoJack  Respond to of 74559
 
Gold is still cheap, much cheaper than crowd psychology can lift it to later on, as a whole new generation, as other generations before it, seek redemption, all reaching out for the limited number of parachutes on the doomed plane and grabbing at the only-so-many scuba tanks on the settled submarine ;0)

The script is the same each and every generation.



To: elmatador who wrote (44343)1/6/2004 9:28:55 PM
From: Maurice Winn  Respond to of 74559
 
<sterling climbed more than a cent to more than $1.8085 for the first time since 1992, when it crashed out of the European exchange rate mechanism.>

There used to be talk of parity parties, long ago, as the pound approached the dollar in value. The swing in the opposite direction must be starting to peter out. I think the pound got down to about 1.06 dollars.

Mqurice