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Gold/Mining/Energy : Gold Price Monitor

GDXJ 108.29

-0.9%

4:00 PM EST

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To: Bobby Yellin who wrote (37654)	7/24/1999 7:37:00 PM
From: Jim McMannis	Read Replies (3) of 116790

RE:"why hasn't there been wage inflation? if the labor market is so very tight? they call it productivity..I call it enslavement plus using the global market to have many things made abroad... if things are so good why do a lot of people have two jobs? if things are so good why does it take usually two workers in one family to maintain a fine life style?"... You take the side of Labor I see. It's never enough. There is wage inflation. Why do people have two jobs?.. same reason both spouses have to work... Ans...Because everyone else is doing it and prices have adjusted. Pricing is pretty efficient. Jim

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