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To: goldsnow who wrote (14676)7/19/1998 2:28:00 PM
From: James R. Barrett  Read Replies (3) | Respond to of 116763
 
>>"The only reason POG is down (unlike oil) is a raging Bull Market
fueled by strong dollar..."<<

If that is true then why aren't the Asians buying gold? They are not exactly having a Bull Market.

>>"Do you seriously believe that in an inflationary enviroment, (commodities up), the Dollar would retain it's strength? "<<

Of course not, but dollars invested in commodity stocks would increase in value during an inflationary period as would gold. The only question is which one would increase in value the most.

One major problem with gold is that no one is worried we will ever run out of it.

Jim



To: goldsnow who wrote (14676)7/20/1998 12:35:00 AM
From: long-gone  Read Replies (3) | Respond to of 116763
 
Goldsnow,
Now, is this the kind of thing that can make gold move?
A problem in the UK with what is "legal tender"
bankofengland.co.uk
rh