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

To: Bobby Yellin who wrote (205)	6/21/1998 9:07:00 AM
From: Dan P	Respond to of 972

Bobby, Larry, Richard and others: This thread has grown quiet along with the slide in the yellow metal. The pessimism of gold stock investors can be cut with a knife. Perhaps this is a sign of the bottom in this sector, and if in fact the U.S. wants to see a lower dollar (esp against the yen), we may finally see some progress in the price of gold in dollars. I suspect that the signs of potential deflation are quite obvious to the Fed, etc., and I suspect that they would rather see some inflation rather than the dreaded deflation. I don't know if they can do it, but we'll see. Gold, CRB, OIL, COPPER will tell us. The last few days move has been encouraging. Regards Dan