At a bottom now for gold? Message Board

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Gold/Mining/Energy : At a bottom now for gold?

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To: Ray Hughes who wrote (1327)	6/30/1998 7:38:00 AM
From: Bobby Yellin	Read Replies (1) of 1911

Hi Ray with due respect,I see bonds differently...as I think bond rates are headed higher and one might suffer capital loss by buying bonds now.. oil prices are probably near their bottom..famous last words.. gold prices may be near their bottom if Japan is finally instituting reforms..waiting to see if they cut their corporate and personal taxes along with declaring all the bad loans.. markets around the world have been rotational with US the safe haven which has propelled dollar to the heights it is at.. if dollar starts coming down as money starts flowing back to Asia less demand for bonds and dollar..wouldn't that spell capital losses for bonds.. governments hate deflation..wouldn't they try their best to prevent meltdown... think US inflation numbers have not reflected what has been going on for average citizen.. also health care costs are really beginning to go up.. ps..any thoughts on latest press release on Bolivar ? and their tomi mine bobby ps...if Japan is beginning to recover..the exporting of our inflation probably will stop..US is about 85 service based economy..the deflated goods from overseas has greatly helped our industries here..if those goods start to rise again...prices here will have to start rising.. also we have been in a bull market of paper assets maybe since 1982.. won't that change to its opposite and become a bull market in hard assets.. criticism most welcome.. bobby

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