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Gold/Mining/Energy : Gold Price Monitor

GDXJ 118.97

-0.9%

Dec 24 4:00 PM EST

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To: Dwight Taylor who wrote (2707)	11/1/1997 10:35:00 AM
From: Bobby Yellin	Read Replies (4) of 116824

If heads of major gold producers are bearish.. If George Soros could lose a tenth of his hedge fund and not at least try to talk up gold...(also sell bonds before the big runup) If SE Asia can receive last sums of money while social welfare safety nets are being stripped in the USA(who is willing to send us aid?)..(it gets cold here) If big corporations are only profitting their shareholder and heads of corporations and less the worker..(who is often times now offshore) and if the market can vaporize in a couple of days...vaporizing all those profits that didn't go to improve anything one and left no safety net for those baby boomers approaching retirement) If baby boomers are getting really stressed out and now often times are beginning to have to take care of their aging parents.. If Japans population is aging rapidly and if they had assumed the " buy and hold strategy that all the pundits are saying is the only way to invest...yuckooooo...especially since their banks with the currency devaluations throughout SE Asia are possibly on the verge of ?(how many years to get the stock market back where it was nine years ago? yes buy and hold? ) looks like we are headed for a bigger mess than 1929 supposedly Greenspan is not allowed to even mention deflation.. not politically correct for a central banker also supposedly the world is so intermessed(oops meshed)..although the US is not dependent to a great extent on SE Asia...a lot of other world powers(oops oxymoron?) are so the whole ship is infected(oops affected).. really doesn't look good for anything except those self sufficient few with farms.. :)

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