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

To: Alex who wrote (8674)	3/22/1998 3:30:00 PM
From: goldsnow	Respond to of 116958

Alex, the fact that many now smell a change in tide is bound to affect a sentiment, probably before June (final EMU stance on gold) Let me point-out several events well-outlined by links that you and others generously provided .. 1. Major players Germany, Frnce, Italy sold nothing 2. France are about to play major role in EMU start (the sure lock for Dutchman turned into sure impasse-and I bet France will win) 3. No one in EMU wants to have USA $ even more threatening to the Euro especially from the start (make or break time) 4.Important lows in oil, copper and..gold were confirmed 5. Gold producers appear poised (as pointed-out by Bobby Y. we should now see prominent deals in industry to seal a sentiment.. Downside: None of the above is good for a future economy/market consideration forecasting inflation...not further drop in interest as so many pundits would love us to believe...Inflation is hitting area where I am so hard (Upstate South Carolina) Unemployment 3% Tax on Properties skyrocketed on average 55% in one year.. When you have a situation when Rubin hangs his hat on rising trade deficit as a "savior" of the economy providing deflation pressure that contradicts the very essence of this administration stance against Japan..what if Japan indeed does something and oil movs to above $20?