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Gold/Mining/Energy : Gold Price Monitor
GDXJ 112.58-1.5%Dec 15 4:00 PM EST

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To: Bobby Yellin who wrote (1396)8/28/1997 9:31:00 AM
From: Bucky Katt   of 116815
 
This following story shows just how hard they manipulate the numbers.
This is a 60%+ up revision os second quarter gdp. This is very big, imo. How long can they keep the lid on the yellow stuff???
WJ>>>>>>>>>>>>>>
Reuters Hourly News Summary

US Economy Up In 2nd Quarter

The U.S. economy lost much less of its vigor in the spring than previously thought, the Commerce Department said today. The Department sharply revised upward its estimate of second-quarter growth. Gross domestic product, the broadest measure of national economic activity, grew at a 3.6 percent annual rate in the April-June second quarter rather than the 2.2 percent rate reported a month ago. Brisk production for inventories and stronger overseas sales accounted for most of the pickup in the expansion rate.
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