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Gold/Mining/Energy : Barrick Gold (ABX) -- Ignore unavailable to you. Want to Upgrade?

To: akidron who wrote (613)	4/28/1998 1:24:00 AM
From: ahhaha	Respond to of 3558

Nothing. I believe the price of gold will rise because every country in the world will be inflating. If I thought the price was a matter of the usual demand/supply clearing, I wouldn't bother. If Germany keeps her gold and Suisse sells hers, it doesn't matter much to the price. Fear of loss matters more. Bonds, real estate, and gold don't add value. They represent value. When value becomes vague and dilute, the hard assets command a premium. When discipline returns to redefine value, the hard assets command a discount. I'm just guessing about gold. Others in their infinite wisdom know better and know I'm wrong. They believe we have the power to do good to the world. I believe that attempts to do so end up doing harm to the world. We are about to enter a harm period.