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Gold/Mining/Energy : Gold Price Monitor
GDXJ 109.23+3.7%Nov 28 4:00 PM EST
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To: Richnorth who wrote (90801)10/29/2002 11:40:35 AM
From: PAUL ROBERTSON  Read Replies (2) of 116790
 
$700 a month sounds pretty good vs the average monthly wage of $150 for a factory worker. Apparantly, the average migrant farmer earns about $350 a year. They are the ones that help to keep wages at the factories down. Litterally millions of them would like to work in the factories. With the quality of goods and services coming out of the Chinese factories growing exponetially, i figure this is what may eventually collapse the Japanese and American economies. The yen and greenback must come down in value dramatically if the two countries are to survive.
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