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Gold/Mining/Energy : Medinah Mining Inc. (MDHM)
MDMN 0.000001000-99.0%Jun 3 1:07 PM EST

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To: J. Nelson who wrote (14319)5/25/1999 12:27:00 AM
From: SSP   of 25548
 
''There's a strong message coming from investors, and in this case, it's not a pretty message,'' said Hugh Johnson, chief investment officer for First Albany Corp.

''I always worry when I see stock prices generally going down and bond prices going up and utility stocks going up,'' Johnson said.

The rise on Monday of cyclical stocks -- chemicals, paper and aluminum -- against the broad market slide also is alarming, Johnson said, because it indicates investors' concerns about higher-than-expected inflation, the chance the Federal Reserve might increase interest rates, and difficult corporate earnings comparisons for the second quarter.

biz.yahoo.com

"higher-than-expected inflation" ... this would definitely help gold!

Steve
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