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Gold/Mining/Energy : Gold Price Monitor

GDXJ 114.21

-0.4%

4:00 PM EST

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To: goldsnow who wrote (4469)	12/19/1997 7:46:00 AM
From: Bobby Yellin	Read Replies (1) of 116815

Hi- Finally...a new beginning has started..I heard that Nike will no longer be able to payout those 8 or 10 figure contracts to sports stars...deflation is on the way :) Wonder how many people are going to buy Frank's new book... I am so very confused about bond yields.especially when Japan might soon start repatriation..when our trade deficit should surge with the devaluations abroad..even if the US floats less bonds.. .I have been hearing more and more analysts saying that US bond yields will go lower and lower..my head is beginning to spin..especially since I think the bond yields will go down further and the person on fixed income will get scrooged further and corporations with even lowering borrowing costs and imported lower component costs will help earnings..(nothing to do with productivity ..just perceptions affecting the bottom line).. if every average person and their dogs know that all the necessities in modern life are going higher and higher..how long can the analysts on wall street(especially those getting massive XMAs bonuses) keep up that charade..(ie Oxford Health care more or less on tv a few weeks ago said they would have to raise premiums and drop certain states..now people are talking about Cable rates going up...yes.. at least in this area public transportation is going down and supposedly taxes are going down..food is definitely going up...etc. ...wide eyed me (the Korean election shows that people have the last vote..and most people care only about their own little turf) (heard that is such a huge backorder for webtv's..people can't get enough of them..nobody is talking about Microsoft's connection to that..what a joke.. I did like that news post re:Clinton...surprise!!!!)

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