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Gold/Mining/Energy : GOLD: WHAT IF IT IS NOW JUST A COMMODITY?
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To: Gunnar who wrote (11)11/11/1997 1:19:00 PM
From: Bobby Yellin   of 22
 
once the mania among baby boomers to buy equities for retirement stops..I think the pressure on gold from the west will explode..(if I live that long)(keep on wondering where those corporations are pulling
profits out of their hats from..oh well..the oil service sector I
guess currently..what a rotational long term bull market and the
biotechs haven't even really recovered yet from the early nineties..)
I don't get it..with the high unemployment in Europe..why would one
have more faith in a single currency(I always think that Germany when
it reunited with itself and kept both currencies strong was the
primary reason for the other European countries to falter..the interest rates were too high and made borrowing for business on
continent too too expensive..)
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