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Gold/Mining/Energy : Gold Price Monitor

GDXJ 94.04

+0.6%

Nov 21 4:00 PM EST

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To: Bobby Yellin who wrote (4815)	12/27/1997 5:01:00 PM
From: Jack Clarke	Read Replies (1) of 116764

Bobby: I don't think your answer was glib and seems reasoned and appropriate. The Edwards interview in Barron's was indeed interesting. Those Brits (like Mr. Smithers a couple of weeks ago) are refreshingly straightforward after listening to the "new era" prophets here. Of course it has not been a "thinking man's market" -- at least not the way I think. Your question: "ps I keep reading how the US will give this amount of money for aid and that amount of money for aid and that they will cut back on bond issuances...can they just print money and print and print and print and not even have to raise it by issuing new bonds?" is one I keep asking and asking, but can't get an answer to which satisfies me. Seems like a giant shell game to me. But the printed money continues to hold the confidence of the world's population, so I guess they can keep printing it for now. What will end it and when? Jack

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