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Strategies & Market Trends : Precious Metals mutual funds (gold, silver, PGMs) -- Ignore unavailable to you. Want to Upgrade?


To: Larry S. who wrote (199)6/13/1998 10:13:00 PM
From: Chuca Marsh  Read Replies (1) | Respond to of 972
 
I just got this from a threader founder at the Mining Section ( Let's just call him Friend for now) and it ties right in:
If the redox is negative, contact me by email and we will decide what to do
next. If the redox is positive, also contact me and I will tell you what to
do next.

A piece of news. The truth behind the dumping of gold from the currency and
central banking systems around the world.
Fact. Lowering the amount of gold from a currency is a major cause of
weakening a currency. Australia lowered its gold, the currency subsequently
weakened. Other far East countries followed. Their currencies dropped in
value. The US enjoys cheap foreign far East imports. The eurodollar drops
gold requirements to fight back. The Euro dollar becomes less stable.
Switzerland retalliates. Some gold is dropped as a requirement in their
banking and currency backing. See the picture developing. My currency is
worse than your currency so my goods are cheaper. Ultimate result is a
developing a mess. Currency instability is deepening and the goods sold to
the US are getting cheaper and cheaper. Money is being printed to create
cheap working cash. As the trench deepens, some sanity will have to return.
Get the picture. Enjoy the good times and lack of inflation here. It is at
the expense of international lunacy, but can it last?
Not by Chuca ( the Above) but it must be sharred!
But this is by Chuca:
thewww.com
thewww.com
thewww.com
thewww.com
thewww.com
thewww.com
I do like to link- I always have!



To: Larry S. who wrote (199)6/14/1998 8:10:00 AM
From: Richard Mazzarella  Read Replies (3) | Respond to of 972
 
Larry, thanks for the Barron's index. The XAU short term forecast may bounce a buy in a day. I have been following Bill's discussion on SI, interesting. I wonder if the POG decline is already a proxy for Asian currency? Many think that POG lags stimulus, but I always sense it as a leading indicator. However, the psychological effect of Japan selling treasuries to buy gold would really bounce the price. What do you think?