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Gold/Mining/Energy : Gold Price Monitor
GDXJ 150.31+2.0%Jan 28 4:00 PM EST

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To: Rarebird who wrote (56730)7/27/2000 1:52:16 PM
From: Ahda  Read Replies (1) of 116927
 
OT or back on T

tp://dailynews.yahoo.com/h/nm/20000727/bs/economy_leadall_dc_1.html

In my mind though it does not appear to be so on the currency market the US dollar is losing strength.

Where live i have only seen escalation of costs both in the food end and housing end.
Running is unison with this is the market retreating. This to me proves that interest rates can't determine the course in an economic structure but to me limit only the nation where contraction or expansion of rates is an artificial attempt to control.

As I see prices rising my assumption is it is not only my local. I question the US dollar now, I don't know if gold will serve as a buffer or another currency will become stronger. I do know that consumer wise costs will soon exceed lower incomes level ability to purchase if they have not done so already.
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