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Gold/Mining/Energy : Gold Price Monitor

GDXJ 101.44

+3.5%

Nov 12 4:00 PM EST

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To: Bobby Yellin who wrote (4344)	12/16/1997 6:13:00 PM
From: Dwight Taylor	Read Replies (1) of 116756

One of the reasons we have strong economic growth is the aging baby boomers. We are in the third wave of boomers buying power that will peak at age 49 in about 2005. At this age it is figured most have already made the big purchases--house, furniture, etc. The tendency after 49 is to decrease personal spending and to save for retirement.

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