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


To: James R. Barrett who wrote (3410)11/22/1997 3:18:00 PM
From: PaulM  Read Replies (2) | Respond to of 116814
 
Price is also a function of demand, not just supply. If the CB's really are going to empty their vaults over the next 10-15 years, they're desperate, or naive or both. This argues for strong demand in the future.



To: James R. Barrett who wrote (3410)11/22/1997 3:30:00 PM
From: Bobby Yellin  Read Replies (1) | Respond to of 116814
 
I am also the very unhappy owner of a gold mutual fund..I hope
more people read your post and give you responses..
I truly believe we are witnessing the seeds of socialism in the west
and capitalism in the east...
I think natural forces do the job well and central bankers with the
best intentions send us to hell in a hand basket..
"no virginia"..the central bankers cannot keep up this charade forever..as long as there is money to be made in derivatives and equities
the other powers that be will let the central bankers do their thing..
when earnings start fading in the big multinationals...watch the tide
turn quicker than it takes one of my dogs to swallow a treat..(boy
is that faster than a pentium mmx :> ) then people will start noticing
the raising flood of bankruptcies...the debit cards reigning supreme
and credit being given to a "few" rather offered to even household
pets..
just guessing....