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Gold/Mining/Energy : Gold Price Monitor

GDXJ 87.56

-4.9%

Nov 4 4:00 PM EST

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To: d:oug who wrote (50201)	3/9/2000 3:07:00 AM
From: PaulM	Read Replies (4) of 116752

I think the sky is falling as we speak. Check these out: US 2 Year Bills Since 1991 tfc-charts.w2d.com German Bonds Since 1991 tfc-charts.w2d.com Goldman Sachs Commodity Index Since 1991 tfc-charts.w2d.com Oil and Gas Since 1991 tfc-charts.w2d.com tfc-charts.w2d.com Looking away from stocks and gold, the bigger picture telegraphs where we are loud and clear. Greenspan and the other CB's are on a spending spree. They've sacraficed sound money and strong the credit markets to the stock market, or rather, the US tech stock market, which is now engine of global economic growth. Didn't Paul Volcker recently say that world growth now depended on the U.S. growth, which in turn depended on the growth of about fifty stocks, half of which have never shown a profit? Last one with a dollar in his pocket is a rotten egg!

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