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Gold/Mining/Energy : Gold Price Monitor
GDXJ 96.90+0.9%Nov 18 4:00 PM EST
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To: Enigma who wrote (51035)4/2/2000 6:59:00 PM
From: GST  Read Replies (1) of 116762
 
"corrections often take place before the onset of a recession" I agree completely - although I do not think a recession is highly likely. More likely is a shift in growth prospects outside the US. This would have the same impact on the dollar (downward pressure) and could be almost as damaging to valuations of US financial assets.
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