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Gold/Mining/Energy : Gold Price Monitor
GDXJ 120.19-1.4%Jan 7 4:00 PM EST
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To: William JH who wrote (56106)7/12/2000 10:55:01 AM
From: pater tenebrarum   of 116844
 
WJH, 100% correct...your little baseball analogy hits the nail on the head. it's the same with Japan's zero interest rate policy - it hasn't worked up until now, but still everybody insists it should continue. complete bunk...all it does is help support the bubble in US financial markets.

you're quite right, there is no inflation. only rising prices. :)

regards,

hb
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