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


To: Bucky Katt who wrote (12128)5/25/1998 7:54:00 AM
From: Bobby Yellin  Read Replies (4) | Respond to of 116830
 
Hi-
guess what..this time I don't agree...and I am probably wrong..
I think the submerging countries have changed that..could easily
be wrong..but I think the world governments are going to start
thinking reinflating..I have heard a comment that has become a
mantra in my mind...the governments hate deflation and will do anything to stop it..too many countries are in deep trouble..
I think the dollar will probably remain strong..and I think gold
will start asserting itself..
1. with all the downward pressure,it still has maintained itself and
not totally collapsed in price...
2..with the social unrest in Indonesia..the world leaders will want
to put a further cap on that so it doesn't spread to other regions..
3..now with nuclear weaponry reemerging..bigger impetus to stop
social unrest..
4. smart money will probably start going back into natural resource
sector since the equity market won't be able to sustain such high
valuations..and bond markets won't be able to give stellar returns
probably wrong Bobby