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


To: long-gone who wrote (14289)7/9/1998 3:43:00 PM
From: goldsnow  Read Replies (3) | Respond to of 116768
 
Richard, surely the POG is manipulated.. Both on downside and upside..
Gold is interesting...It has predicted Asian crisis perfectly..
All other commodities dropped as well..Coper, base metals and finally oil..Now POG has stabilised, all in the face of continious Asian uncertainty, deflation threat and possible cataclism like yuan
devaluation and related events..I think that where the similarity ends
Although, dollar may benefit in a short run from Asia slide, it cannot do well in deflation enviroment, neither can oil, Gold on the other hand should do great, in the event of Asia recovering or dollar slide related to global deflation, stock market crush...