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


To: lorne who wrote (34066)5/18/1999 6:51:00 AM
From: long-gone  Respond to of 116815
 
<<Watch Commodity Prices, Not Consumer Prices:
By Lawrence Kudlow

...."Meanwhile, over the past two decades an ounce of gold has
purchased 18 barrels of oil. So, if gold stays around $280, then
oil will fall to $15 per barrel.".....>>

I still try to watch Larry once a week on CNBC, even though, he is more "out of step with the modern world economy" than we (the gold bugs) are to the way of thinking of the other world's economists. He is viewing two indicators which have been manipulated in differing directions at separate points in history. Oil up then gold down now.