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


To: Jim Ilchyshn who wrote (28298)2/15/1999 1:10:00 PM
From: Hawkmoon  Read Replies (1) | Respond to of 116874
 
I would rather have all gold than all stocks right now. If you really believe in buying low and selling high - you first have to buy low.

Agreed Jim,

Big cap stocks are frightening at current valuations. In fact, we might actually need a little inflation in the economy so that smaller companies would have a measure of pricing power as they did some years back.

Personally, I believe Y2K is going to skew and corrupt a lot of economic analysis. As large companies prepare for 2000, they are beginning to accumulate more parts and components to increase their inventory. This is movement away from Just-in-Time manufacturing
and should help the small business sector throughout the remainder of the year.

And people may accumulate more gold in preparation for 2000 as well. But unlike most other markets the gold market is completely at the mercy of the CBs who always hold the their gold reserves like a "sword of damocles" above the precious metal holders. They may sell gold to meet demand for physical gold and take pressure off of their currencies from an increase in the price of gold.

Jim, I want to understand what impacts gold in the real economy, not the fantasylands proposed by those who choose to replace reality with their delusions or religious/pseudo-patriotic beliefs in gold as some form of currency manifested by God Almighty himself.

Is that too much to ask for??

Regards,

Ron




To: Jim Ilchyshn who wrote (28298)2/15/1999 9:54:00 PM
From: IngotWeTrust  Read Replies (1) | Respond to of 116874
 
Jim, I've finally figured out Reece(the pest)! He's doing a freelance article for a major rag. He's under deadline, posting incessantly, laughing and scoffing and bragging about it in order to maintain his "objectivity."

He'll disappear just like he arrived...but we WON'T miss him as much as he'll miss us. Reminds me of that Canadian "journalist"/broad who hired that private PI to bug the Bre-X threads... Same m.o., same attitude, and being irritating is the guaranteed way for him to get his assignment and never leave his cushy couch. Bet the ashtray is overflowing on that coffee table, too. See the hours he keeps?

Hey, Ron "james carville" Reece
...just spell mah name right, willja?!!

O/49r