Gold Price Monitor Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Gold Price Monitor

GDXJ 109.23

+3.7%

Nov 28 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: PaulM who wrote (15530)	8/9/1998 7:27:00 AM
From: Bobby Yellin	of 116788

Sunday, Aug 9 1998 1:37AM ET Reply # of 15532 "2. Wouldn't I think the Fed is straight jacketed until Asia improves? No idea. I expect lower growth, a lower stock market, higher interest rates and higher prices. No matter what the Fed does. " Why higher interest interests(you are in good company along with Warren Buffett-although some say it might not be an interest rate bet but his wanting to put his money into something better... also the treasury allowing small investors now to skip brokerages and banks and be able to buy and sell treasury bill's in chunks of 1 thousand rather than 10,000 and skip state taxes-(sure NY doesn't like that one)suggests maybe the government is worried that the small investor might loose its shirt down the road and is offering a real safe haven..) re lower growth: hasn't the consumer only recently kicked in to the domestic economy? won't that go on for a while longer(unless there is a major market meltdown and people feel less wealthy) haven't lower mortgage payments provided the consumer with extra cash? (thought SE Asia would affect California with all those start up technology companies getting seed money from SE Asian relatives..ha.. joke was again on me ..read a couple of weeks ago that maybe 3/4 of a million housing transactions were projected for maybe 1998 .. read too much and too tired to recall exactly what I read) won't businesses probably spend more money on upgrading their existing systems to deal with year2000? isn't the internet growing exponentially plus and beginning to compete with existing businesses to offer lower prices look at all the jobs that are being created by internet.. In NYC,as you are aware there are tons of chain stores that have driven small businesses out of existence ..with internet now,won't,let's say huge drug stores open up and create more competition for the CVC's of the world and create more price pressure how many people prefer to shop at Amazon rather than at Borders or barnes & Noble..won't Borders and B&N be forced to drop prices to compete with Amazon's pricing? now there are groceries on the net.. Isn't our domestic economic self sustaining for a good while longer.. possibly self sustaining until Asia starts to recovery? Still don't understand with the falling Canadian dollar why more Canadian companies aren't being bought out by US companies while the dollar is so strong ..won't Canadian products,ie food etc,compete more in the market place and create more price pressures? won't Canadian workers compete with our markets and create more wage pressures?(wish I could read about how much Canada is taking away in tourist dollars..sounds as if US citizen would be crazy not to vacation in Canada this summer rather than in US) Aren't more US corporations buying up SE Asian companies on the cheap to down the road when there is a recovery show even greater profits?

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next