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

To: Broken_Clock who wrote (18947)	9/15/1998 3:57:00 PM
From: Don Green	Read Replies (4) \| Respond to of 116764

Just heard a Prudential commodity analyst on CNBC say the Gold market has been in an 18 year bear market, with no end in sight hmmm? regards Don

To: Broken_Clock who wrote (18947)	9/15/1998 4:30:00 PM
From: scotty	Read Replies (1) \| Respond to of 116764

Hi PK.....Perfect!....gold drifts lower until next full moon.Then gold rallies off interest rate cut and resumption of dollar bear......Timing

To: Broken_Clock who wrote (18947)	9/15/1998 4:57:00 PM
From: Zardoz	Read Replies (2) \| Respond to of 116764

"rate cut=lower US$ "no rate cut=lower DOW=lower $" The world is a large place, with many large economies in ALL different directions. Some growing, and other collasping. A rate cut does not mean that you WILL get a higher GOLD price, nor does it mean that you WILL get a lower US dollar. Most speculations has already been built into a rate cut. But consider this: "Growth is far more important than interest rates". Otherwise BONDS would always be the better investment. With this in mind, it is possible that a further appreciation of the US dollar is more than likely. As an example, consider the YEN, was only just a few days ago 129, now 134. Beware the Pound: pacific.commerce.ubc.ca