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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: Bobby Yellin who wrote (48632)2/9/2000 5:39:00 AM
From: Bobby Yellin  Read Replies (1) of 116753
 
Why should anybody buy gold now? Who does better research than Barrick? Where is wage inflation? How strong is the global recovery? Why would want to own no growth
right now when there is vast growth in internet backbone?
If the government were afraid of inflation right now..why would it
have created a bullish scenario for bond market? How many jobs is
the internet creating and at same time how many jobs is the internet
replacing? With higher oil and medical charges and insurance and
higher credit card interest payments and mortgage rates etc, how much
will that take away from consumer spending? Now that people for a while now have experienced the wealth effect from appreciation of
their homes, won't that start wearing thin as their expenses for that
house increase
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