At a bottom now for gold? Message Board

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Gold/Mining/Energy : At a bottom now for gold?

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To: Bo Bob Brain who wrote (788)	10/2/1997 6:27:00 AM
From: Bobby Yellin	of 1911

thanks a lot..hope you keep on posting here..especially since you use a very big picture and try to put everything in place.. I wonder if the MCI play diverted the gold mini rally...with all these mergers and this huge one..gives more legs for the "market".. (part of me thought this was bullish for gold and silver since meteors come crashing down...inching up without retracing too much would have more staying power?) (re employment...with raising bankruptcies,redistribution of wealth, seniors getting low returns on fixed investments,I laugh at inflation fears and look for smaller margins..still believe that the majority of people have little discretionary money while a segment of our society has never at any other time in the twentieth century has had it so good..housing has become so expensive..hasn't matched general wage increases...(the inflation in housing will just add to the loss of discretionary money which helps fuel the economy..also the year 2000 problem will have to impact the capitol buying of corporations etc who are going to have to redirect their budgets from upgrading their systems?)

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