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Gold/Mining/Energy : Gold Price Monitor
GDXJ 90.47+0.5%Nov 6 4:00 PM EST
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To: Gabriela Neri who wrote (4514)12/20/1997 12:05:00 PM
From: Bucky Katt  Read Replies (3) of 116752
 
GB-- On Wall Street Week with Louis Rukeyser last nite, one of the panel (I think it was Alan Bond)
was very concerned with what China did this last week, and that was dropping their interest rate from 9% to 1%.
He summed it up this way "we will be importing deflation."
Of course, I have been saying that for a year, but then I am always
early to the party. Maybe soon we will get paid to borrow?!
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