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Gold/Mining/Energy : Gold Price Monitor
GDXJ 92.99+2.9%Nov 7 4:00 PM EST
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To: long-gone who wrote (63344)2/5/2001 8:08:40 AM
From: Alex  Read Replies (1) of 116753
 
<<Forget the headlines. Mortgage rates are higher now than they were four weeks ago, and after Friday they're likely to move higher.

For what it's worth, here's what I believe is happening to the economy: It is slowing rapidly. Without the stock market bubble, consumers are in danger of being less confident than they've been in decades. And inflation is still a problem because of high energy prices, leading to what anyone old enough can remember as "stagflation."

Washington, however, doesn't have a clue.>>

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