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

To: Enigma who wrote (20166)	9/30/1998 11:39:00 PM
From: PaulM	Read Replies (3) \| Respond to of 116764

Just because I see inflationary fundamentals and a continued weaker dollar, particularly against the European currencies. I see the Europeans dumping their dollars as CB reserves are reallocated. The deflationary argument no longer convinces me, except that I do believe we will see many debt defaults and that equities will get crushed. In that sense, dollar supply will contract. But not enough to avoid price increases. Its the worst of all worlds and what I've been expecting for some time now.