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Gold/Mining/Energy : Gold Price Monitor
GDXJ 105.33+5.2%Nov 26 4:00 PM EST
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To: Rarebird who wrote (75684)8/30/2001 2:51:29 PM
From: Ahda  Read Replies (2) of 116770
 
I feel future growth will be very limited. Looking at a paper that compared employment to new employment hope it became very clear that during the nineties in the upper income group the results of job loss was beneficial to them wage wise. However in the lowest income group the gain on wages ended up to be a reduction in said.

We cannot possibly exclude technology as being the greatest growth base one can have no matter what era you are in future needs drive business. The problem we are facing is the slow infrastructure creation in other places due combined with the fact we are not as hungry product wise i feel growth will be minimal at best.

The housing market here is not as of yet showing any great reduction in price. Most assuredly bonus time be it options or any vehicle will be less and there will be problems in addressing costs for some at the very high end.

There was an article i read where the one of the largest concerns to one economist was solvency of the banks in China i was not at all happy to read this. The reality of it is over projection can be worse than non projection.

Here in this end of the world for some strange reason i feel Mexico and South America will start to see a shade more growth. It is probably not strange but composite of reading material that came out as positive. I am not counting on much growth here.

The plus of being a have not is more prevalent in others areas of the politically reasonable world. The return on investment will be slow for the US and currency can be a problem in this area.
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