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


To: butkus who wrote (17504)9/4/1998 3:39:00 PM
From: Enigma  Read Replies (1) | Respond to of 116900
 
Butkus - care to expand - in other words what on earth do you mean? E



To: butkus who wrote (17504)9/4/1998 3:42:00 PM
From: scotty  Read Replies (1) | Respond to of 116900
 
Butkas....I think we are hitting on all cylinders now. A whiff of inflation would be icing on the cake.......Imagine a WORLDWIDE flight to gold...I'm talking retirement at $350 gold.....Someone long ago said that governments would opt to INFLATE if a deflationary collapse is imminent.






To: butkus who wrote (17504)9/4/1998 3:58:00 PM
From: PaulM  Read Replies (3) | Respond to of 116900
 
Butkus, I enjoy your posts and would agree if deflation were the ONLY operant force out there. It is a very real, underestimated force, but not the only one. Today is not 1929.

REAL demand for oil will go down. But that demand will be denominated in a dollar that will plummet. So the price will rise, first slowly, then skyrocket as a result of the "American Contagion."

Stick around this thread for the next few months and watch it with us.
As for the "market" for gold, the only one that counts right now is central bank monetary demand. The coming increase in that demand will more than make up for the gold market.



To: butkus who wrote (17504)9/4/1998 4:15:00 PM
From: long-gone  Read Replies (1) | Respond to of 116900
 
butkus,
WRONG! the trend(at least short term) has turned. The market now better understands the basic truth that gold=money.
rh