RE: Sv: FUT Gold, is the game up?

["Bradley C. Mitchell" <bradmit@xxxxxxxx>]

I hate to make general assumptions but in the past 5-10 years (my trading
life) all i pretty much hear is that gold is dead as a inflation indicator.
If that is so why do we continue to hear gold brought up as one?  As with
oil i tend to follow that with all the tech that is constantly be updated
the production of oil is getting cheaper.  I read somewhere that oil cost
about $6-7pbl to process, and will continue to drop.  Will that then make
oil not an indicator of inflation?

Brad

> -----Original Message-----
> From: owner-realtraders@xxxxxxxxxxxxxx
> [mailto:owner-realtraders@xxxxxxxxxxxxxx]On Behalf Of Earl Adamy
> Sent: Tuesday, May 11, 1999 6:04 PM
> To: RealTraders Discussion Group
> Subject: Re: Sv: FUT Gold, is the game up?
>
>
> Bollinger said gold was a predictor of inflation and that the
> decline in the
> gold market said there was no inflation problem. I respect Bollinger but I
> don't agree with everything he says and this is one of them.
> Copper, Lumber
> and Oil have a far better correlation to economic activity and to both
> interest rates and inflation. He also said we would have a
> general blow-off
> in the equities market, an opinion which I share.
>
> Earl
>
> ----- Original Message -----
> From: Bradley C. Mitchell <bradmit@xxxxxxxx>
> To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
> Sent: Tuesday, May 11, 1999 3:22 PM
> Subject: RE: Sv: FUT Gold, is the game up?
>
>
> > I missed what Bollinger said on CNBC today about gold, did anybody here
> it?
>
>
>