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

To: philv who wrote (3338)	11/20/1997 5:52:00 PM
From: PaulM	Respond to of 116836

Good read. EOM

To: philv who wrote (3338)	11/20/1997 6:03:00 PM
From: Al Cern	Respond to of 116836

Phil, All the export driven countries, need a strong $US to prosper. However, if the deficit dries up and then there is no longer a need to print more t-bills, then what happens. To maintain the equilibrium, the price of $US assets will have to rise to compensate. Sounds like interest rates are going down, and the stock market is going up doesn't it. We'll just resell America again, and when it gets cheap buy it back. How this affects the price of gold I don't have the foggiest, although a strong $US means a higher cost of gold for everyone else. Sincerely, Al Cern