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Gold/Mining/Energy : Gold Price Monitor
GDXJ 97.67+5.0%Nov 10 4:00 PM EST

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To: Jim McMannis who wrote (48020)2/5/2000 10:48:00 AM
From: Ken Benes  Read Replies (1) of 116753
 
Jim:

It will be interesting how this months trade numbers stir up the current brew. It is a given that at some point 30 billion dollar monthly deficits are going to matter. Last weeks buy back of the long bond was a major post Ruben flub. Is the well orchestrated choreography of rates/currency by the Fed/Treasury beginning to falter? Or is it a matter that the pressures are just becoming too enormous to manipulate. And of course we still have the biggest intangible, the equity markets and its huge capitalization.

Ken
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