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Gold/Mining/Energy : Gold Price Monitor

GDXJ 96.06

-1.4%

Nov 17 4:00 PM EST

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To: russwinter who wrote (67422)	4/9/2001 2:56:11 PM
From: B.REVERE	Read Replies (2) of 116762

You are assuming interest rates will be rising in the near term.(6 mo.-year) I don't agree. The cb's will keep on lowering even if wage pressures increase. They have no choice but to defend the global economy at the expense of devaluing all currencies. In the longer term, I agree that bonds will not be the safe haven status given the increasing defaults yet to be seen. Later,

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