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Gold/Mining/Energy : Gold Price Monitor

GDXJ 110.89

+1.8%

Dec 10 4:00 PM EST

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To: PaulM who wrote (4592)	12/21/1997 6:56:00 PM
From: Bobby Yellin	Read Replies (1) of 116810

Thanks for correcting me about worldwide growth throughout the nineties. I was referring to when the soviet union broke up initially and they were flooding the world with cheap commodities not for political reasons per se but just to raise hard money...For the inflation reason..I read an article by Martin Armstrong that somebody so nicely sent me and Armstrong said that we had 15 percent inflation. I no longer have the article so I hope Larry will correct me if I am misquoting the article. Thanks again for correcting me..will try to search for some numbers.. (I know there were numbers in that IMF article..but somehow I don't trust their numbers when they might have some hidden agenda..I used to read the Economist's numbers..but no longer have the time to read the magazine..not for a loooonnnnggg time) bobby--never too many cooks :>

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