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

To: Zardoz who wrote (15466)8/7/1998 8:10:00 AM
From: Enigma  Read Replies (2) | Respond to of 116861
 
Hutch - technicalities apart why does an increase in M2 ($$) hurt gold? Gold is valued in dollars, and if gold is more or less a constant don't more $$ inflate the value of gold in unit terms? E



To: Zardoz who wrote (15466)1/20/1999 10:02:00 AM
From: Zardoz  Read Replies (2) | Respond to of 116861
 
What occurred in late AUG 98, with the XAU should occur again this month. A similar break below XAU=52 is VERY possible. And the Euro will be the reason. I choose the same three week time frame, which means before Feb 9 1999. During this time Gold should fall to $265.


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