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Gold/Mining/Energy : At a bottom now for gold? -- Ignore unavailable to you. Want to Upgrade?


To: Ahda who wrote (1686)9/23/1998 4:31:00 PM
From: Ray Hughes  Respond to of 1911
 
Darleen: In '29-'32 market had big rally after first crack, then came the big fall. Don't be too easily sucked in by today's gains, they are a one-shot event anticipating lower interest rates. Lower rates and Fed's big push to create liquidity could cause market to later recoil at prospects of reflation resulting from excess liquidity. A little like throwing gasoline on the fire because you've heard liquids quench fires.

RH