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Gold/Mining/Energy : Gold Price Monitor
GDXJ 142.09+5.5%Jan 22 4:00 PM EST

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To: Bobby Yellin who wrote (6712)1/25/1998 2:57:00 PM
From: goldsnow  Read Replies (2) of 116903
 
>>do you think this is going to be rule and source of the turnaround
in SE Asia and down the road, further strength for Dow and then the
dollar? and negative for gold? down the road?>>

Bobby, again what is long term? I prefer to look at this postrecession? and when do we expect recession? terms. No doubt, IMO we would have recession (the biggest inflationary event of all-massive destruction of the competition) The long term that becomes very bullish both for gold and copper, that are accidentally as low or almost as low as we can get)

I would like to return to the point made by many about democratic practice of "robinhooding" the rich/investors with predictable results. We know that tax policies take effect on economy one way or another in next cycle, nonwithstanding taking credit for "recovery". I see downturn in USA
economy in a true contrarian spirit and would buy Copper some now to position and more when signs of downturn are more clear (next quater?)
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