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Gold/Mining/Energy : Gold Price Monitor

GDXJ 98.59

-2.8%

Nov 13 4:00 PM EST

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To: Investor2 who wrote (5289)	1/5/1998 11:03:00 PM
From: PaulM	Read Replies (1) of 116762

I2, I just posted that for info purposes. Not an expert on the issue, but I tend to see "inflation" as the value of dollars in relation to real assets (i..e, the total amount of money relative to the total amount of real stuff). Various measures of the money supply in general grow faster in realtion to GNP than the CPI does. I question the justification for looking at a relatively arbitrary basket of goods with arbitrary weighting as opposed to a more genral definition like that above (which should more accuratley measures total buying power with respect to goods, services, stocks, bonds, everything, etc.) Regards

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