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Gold/Mining/Energy : Gold Price Monitor
GDXJ 94.04+0.6%Nov 21 4:00 PM EST

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To: Alex who wrote (1306)8/20/1997 11:05:00 PM
From: Richnorth   of 116764
 
A great URL!!!

A very realistic report about danger lurking in the US economy!

I think the report should go a long way in opening the eyes of those who have long been mesmerized by the strength of the US$ and the US market. Despite what I wrote in post #1266, I feel much comforted by the report. It gives me the feeling that gold will soon be on its way back.

Today and yesterday on CNBC, the two speakers interviewed were rather bullish on gold.

CNBC reported that more and more people have been borrowing money from financial institutions to buy mutual funds and stocks in order to take advantage of the rising market. Surely this is indicative of danger around the corner.
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