Strictly: Drilling and oil-field services Message Board

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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: The Ox who wrote (74186)	9/22/2000 10:17:35 AM
From: isopatch	Read Replies (2) of 95453

Mike. This last item in your post bring up an interesting scenario. Dallas--Sept. 21--Dallas Federal Reserve Bank President Robert McTeer on Thursday said the balance of risks were still tilted toward higher U.S. inflation and said he sees the risk of a hard landing scenario for the U.S. economy as "pretty low." ( Story .21082 ) What if McTeer is right. We ARE getting a good correction in here but I can see us coming right back out of it. Yes, we get a significant pick up in inflation but how about if it DOESN'T derail the economy YET. So the precious metals stocks just join the parade of Boom 2000. But we DON'T get a crash or meltdown. At least not yet. Isopatch

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