SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Gold Price Monitor
GDXJ 94.04+0.6%Nov 21 4:00 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Rarebird who wrote (62479)1/5/2001 2:35:20 AM
From: bill  Read Replies (2) of 116764
 
This is a question to anyone and everyone on the thread.

On the news tonight, there was an announcement that the
province of Manitoba, Canada would allow NG prices to rise
31% for private homes and up to 48% for businesses. The
province by itself is not significant to NA but as a model
of what is to come may be important. If this is to be the
model for other jurisdictions what are the implications
for inflation? If the costs cannot be passed on, it would
appear to be the forerunner of recession. However, if the
costs can be passed on, it would appear to be the forerunner of inflation. Steel companies are already in
serious trouble because of their inability to compete with
imports. International trade agreements restrict the
possibility of protectionism. That would seem to limit the
possibility to pass on costs. That indicates recession. However, the increased costs are inflationary. I've read repeatedly
that inflation is good for the price of gold. Therefore,
if the effects are inflationary (all those homeowners
needing raises to pay those hefty gas bill prices of
31%)what is the effect on the American dollar and the
price of gold (which seem to have an inverse relationship)?

Maybe it is just me but the effects of what is happening
seem endlessly contradictory. Am I the only one confused?
Or is it that others are also and that is why the market
is choppy? (I have now read four different reports re
the banks and bad loans and they split between it isn't
a problem and it is an impending disaster.) Where is my
Economics prof when I need him?
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News