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Gold/Mining/Energy : Gold Price Monitor

GDXJ 121.93

+0.8%

Jan 9 4:00 PM EST

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To: goldsnow who wrote (37151)	7/15/1999 10:05:00 AM
From: Bobby Yellin	Read Replies (3) of 116845

looks like the british empire is trying to do it again what a weak excuse- now they are going to make it lower until the market fills the selling by the central bankers is ended and the bull market will begin and the safe haven dollar will start imploding probably because of its monster trade deficit..and possibly rebuildup of defense spending and possibly need for more medical coverage... I am perplexed about inflation and wage inflation and gold..it seems as if more workers will be laid off as companies continue to merge and as most us citizens who have wanted to buy homes and cars and who have stocked up on yr2k just in case items and corps who have spent billions on new equipment and software for y2k(I am assuming a lot of the expenses have already been reflected in the economy) (maybe real estate has a ways to go..saw calpers just invested big time in reits after two years of research..if there isn't wage inflation then curious about gold as hedge for inflation..maybe just gold as alternative to weak dollar down the path? HELP

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