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Gold/Mining/Energy : Gold Price Monitor
GDXJ 109.23+3.7%Nov 28 4:00 PM EST

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To: goldsnow who wrote (55128)6/25/2000 1:02:00 PM
From: Ahda  Read Replies (1) of 116779
 
The oil issue is disastrous for us in my opinion. The centralization to reduce costs of numerous business is creating huge demand on oil. By warehousing in one vicinity producing in another, delivering cross the nation and world the demand on energy is enormous.

Commodity prices have not risen substantially but the cost of food has. Super Markets have merged and one would assume this has reduced costs but you aren't seeing the profits, so my assumption is much of profit is eaten away by transportation as well as more costly location costs.

In my opinion you are going to see continued inflation as size in corporate America becomes too vast and tight ships become rather flaccid ones. Losses are not little bumps but mountains that are going to be generated to the economy.

Ironically by trying to control what appears to be inflation in the economy by interest rates you end up promoting it. In this particular era knowledge is coming fast and furious and laws are too so corporate America has far to much to deal with now never mind rates.
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