March 18, 2002

If the past is any guide, as long as the price of gold is in the $275 to $350 range, U.S. inflation will be in the 2% to 3% range. If gold exceeds the $400 range, the inflation rate will rise. If gold falls below the $250 range, we will have to worry about the dreaded "D" word. (full article attached)

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