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

To: Hawkmoon who wrote (26343)	1/17/1999 9:04:00 AM
From: Enigma	Respond to of 116764

Well, Ron: <Thursday morning the 30 year long bond opened up a full two points on the initial news about Brazil>. Agreed - but this was a response to a panic situation - I was talking about the last recognised deflationary era (not disinflationary, but deflationary) - namely the 30s. I have to admit, however, that in the more recent past gold has not reacted to traumatic events in the traditional way - the $US has reigned almighty,and US bonds have been a safe haven - as per your remark above. dd