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


To: John Barendrecht who wrote (2600)10/28/1997 3:36:00 PM
From: long-gone  Read Replies (2) | Respond to of 116823
 
John,
here are two more reasons why gold may soon move up.
1. It is the only remaing asset class for people to put new money into.
2. After this recent fall in S.E.Asia, they will attempt to export their way out of a problem. They will be less willing though to put all funds into an overvalued real estate market or "paper" again.
richard



To: John Barendrecht who wrote (2600)10/28/1997 6:41:00 PM
From: goldsnow  Respond to of 116823
 
Swiss made an incredible amount of money when their frank exploded on upside and gold tumbled. Swiss and Ted Turner should now assume a responsibility for UN and move it to Geneva. In a long run they would make British even more nervous about EU deal. What a nerve!

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