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To: ace al who wrote (67233)9/24/1998 1:58:00 PM
From: Lucretius  Respond to of 176387
 
as US dollar falls, US financial instruments fall (including bonds eventually) and gold rises. Money is also going into D-Marks as German interest rates will remain high while the US will likely make multiple cuts over the coming years. Unfortunately, it won't help us anymore than it has helped Japan.

for more on deflation and gold, here are my comments from a week ago in answer to a similar question:

techstocks.com

Good luck!

-Lucretius



To: ace al who wrote (67233)9/24/1998 4:11:00 PM
From: WBC  Read Replies (1) | Respond to of 176387
 
Who left the door open and let the pig (LT) back into the cocktail party.



To: ace al who wrote (67233)9/25/1998 11:30:00 AM
From: Ken Beal  Read Replies (1) | Respond to of 176387
 
Hi Al,

Isn't it possible that even gold is not a safe haven?

Gold is just an element. Technology gives us control over the universe.

My bets are with technology.

Cheers,
KenB


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