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

To: Taikun who wrote (32938)	11/27/2004 8:09:34 AM
From: orkrious	Respond to of 39344

Why isn't Gold analyzed differently? David, that's a very good question. I remember reading someone a few years ago who said gold will be a dollar play for a while. Once the dollar really starts tanking and other economies head for the throne on which all men sit equal (because the US consumes a disproportionate share of the world's output) and all governments start debasing their currencies, will gold start rising in all currencies. This makes a lot of sense. Maybe we're getting close?

To: Taikun who wrote (32938)	11/27/2004 11:24:40 AM
From: LLCF	Respond to of 39344

<Well, the point is that in Euro and Canada and other countries gold's performance has been uninspiring.> I thought the point was $CD value commentary... but I forget. < I think we need to look at gold differently, in a way that measures performance outside the USD,> Agreed, but if I"m not mistaken, Gold was in a couple year Global bull market when the dollar was strong and it wasn't up in $US terms... there must be commentary on a global basis somewhere, I know Heinz used to talk about it all the time. DAK