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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: goldsnow who wrote (5883)1/14/1998 8:04:00 PM
From: Broken_Clock  Read Replies (1) of 116760
 
goldsnow,
I agree with you completely on POG.
China is another matter.I believe they need one thing to grow.Oil.They are cutting deals agressively on oil fields right now.I think eventually they will turn to the middle east with not so friendly thoughts...Can Iran really "ride the tiger" and get off without getting chewed?I don't think the USA has a clew about China.I've got a friend that moved his factory there.He did it to survive(cheap labor).When China is strong enough, the gloves will come off.I wouldn't want to be owning a factory in China when that happens.
Dave
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