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


To: Jim Ilchyshn who wrote (27442)2/1/1999 8:54:00 AM
From: Hawkmoon  Respond to of 116764
 
1) it may signal a return to normal investing values - normal P/E's, not something in the range of 2000.

It may, buy I would kinda doubt it. History doesn't reflect this. Politics still plays a huge part in how money is allocated, and the only way to prevent that would be to have a strong bunch of central bankers along the line of JP Morgan, to counter it.

But then they would abuse the financial system for their own purposes.

As for why I post out here??

I like to debate these issues. Here on GPM, one normally has one of the better resources for a variety of international news, all of which one person or another believe may impact the price of gold, and thus the dollar.

I want to know what the trend in gold is and whether I should hop on board should I see the dollar becoming disrupted by gold.

I also have a heavy interest in Y2K and how gold is being accumulated in anticipation of that.

And in between those types of posts, I like to joust with some of the folks here, those for whom all that glitters is gold.

Or as Ole 49r put it recently... "Ingot we Trust".

Just because I don't necessarily believe gold is better than Fiat money, doesn't mean that I'm unwilling to consider it as an investment.

But if I'm disturbing you all with my discussions of the illusion of money, I'm sorry. I try and be more gentle in the future.

Regards,

Ron