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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: d:oug who wrote (73002)	7/7/2001 10:26:59 PM
From: ubetcha	Read Replies (1) of 116753

That is why I stayed out of tech stocks. Big part to my dismay, as many people made huge rewards during the runup. All of this has been connected. IMHO! Inflation poured into the stock market, and drove these prices wild. When it was finally figured out that there was no PROFIT, things started the other way. It is my opinion that the government has been fibbing to us about the true CPI, and that there is more inflation in the market place than reported. We owe, we owe, so off to work we go. We have deficits in the difference between what government takes in, and what they spend. We have deficits with foreign countries because of the strong dollar, and because we have exported our creation of energy and products. We as a people have a negative savings rate. What does this all lead too! A BAD thing. At some time we will not be able to print enought money, and GOLD may actually go up the way many on this thread wish it would. Terry

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