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

To: Don Green who wrote (17723)	9/6/1998 8:54:00 AM
From: The Street	Respond to of 116764

<<But since all of these facts are known by most intelligent investors / traders and aren't really new problems, why has gold continue to drop over the last 1 year, since the Asian problems first came to the western press's attention???<< Well, maybe it has a lot to do with the US blackmail of currency markets? The US has made the $ the New Gold Standard through economic and political pressure. That made gold to be sold by govt's, which lowered the price, which snowballed. Gold is finite and ACCEPTED as real value. The US$ is backed by a bankrupt USA. Someday the world will wake up and flock to the 6,000 years of history. And I will be there to sell to them. Again, I am not in gold (other than some physical gold for "just in case...") BUT AM WATCHING AND WILL BE ABOARD NEAR THE BOTTOM. Then you will be buying from me....