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

To: Ahda who wrote (16509)	8/24/1998 9:25:00 PM
From: robnhood	Read Replies (1) \| Respond to of 116762

<< what currency could you trust? >> Same one as anyone else. <G>

To: Ahda who wrote (16509)	8/24/1998 11:16:00 PM
From: Alias Shrugged	Read Replies (2) \| Respond to of 116762

Good question, Darleen. People haven't started to question the general concept of paper currency; they are simply migrating towards the stronger currencies. I am sure this sentiment has been expressed here before - gold and commodities won't take off until the dollar is weakened. It will take a pretty massive failure in debt/derivitives/etc. to really smack around banks, hedge funds and some countries/govts. But the conditions for a "pretty massive failure" do exist. If Greenspan, Rubin and all the rest of the King's Men are able to keep things together, gold may move nowhere. If they can't, the upside seems substantial; while the upside for other financial assets would be ??? Mike