Dear Friends, Bloomberg reports the Dow at 8663.35 which represents a further sharp decrease from yesterday.
Kitco reports gold at 315.60 on New York's close. A page discussing the merit of this ratio may be seen at http://www.gold-eagle.com/editorials_02/milhouse062002.html for those interested in the subject. I happen to disagree with the author with regard to timing. It appears rational to suppose that the drop to a ratio < 5 may take place in considerably less than 8 years. The faster it drops, the more difficulty for those dependent on the US dollar economy. Free market money makes the difference. If you want more free market money for less fees, visit http://cambist.net/ or contact [EMAIL PROTECTED] for details. Regards, Jim http://cambist.net/ --- You are currently subscribed to e-gold-list as: archive@jab.org To unsubscribe send a blank email to [EMAIL PROTECTED] Use e-gold's Secure Randomized Keyboard (SRK) when accessing your e-gold account(s) via the web and shopping cart interfaces to help thwart keystroke loggers and common viruses.