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Gold/Mining/Energy : Gold Price Monitor
GDXJ 117.63+3.0%Dec 19 4:00 PM EST

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To: Phil Varichon who wrote (2773)11/3/1997 6:07:00 PM
From: gregor  Read Replies (1) of 116818
 
Dear Phil;

Thank's for the post and the link..

I hope that you are still fully invested, as I have stated B/4, I don't think the deflation thing can possibly get out of control until we enter a recession..that is when our imports would shrink enough to throw Asia into a tailspin and then come back to slap us in the face.

Meanwhile watch this bull market climb a wall of worry for one last time,, a great opportunity in tech stocks.

Also some good opportunities in companies importing from Asia, watch their gross margins soar next year as their cost of goods drops............happy returns......gregor
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