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Gold/Mining/Energy : Gold Price Monitor
GDXJ 98.59-2.8%Nov 13 4:00 PM EST

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To: Tunica Albuginea who wrote (41895)10/3/1999 2:09:00 PM
From: Bobby Yellin  Read Replies (1) of 116761
 
do you have any idea how much money has moved on the sidelines and is in money markets ready to come back into the market?
How do you factor in the huge crowd of baby boomers frantically
saving for their retirement?
I also think the internet is providing such an incredible safety net for the economy and I am not talking about the amazons or aols..
I just can't see the government letting a severe drop to occur.
but I think they welcome a substantial correction to clear out excesses..I think they welcomed the gold announcement of last weekend to help remove some of the excesses
bobby
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