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Gold/Mining/Energy : Gold Price Monitor

GDXJ 96.90

+0.9%

Nov 18 4:00 PM EST

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To: Abner Hosmer who wrote (7042)	2/1/1998 9:10:00 AM
From: Bobby Yellin	Read Replies (1) of 116762

Hi I think perception comes before reality..ie confidence in dollar I truly respect A.J.Cohen also..she has been right on. your last paragraph seems to be right on target..an oversight? wonder why the issue of all the collapsing currencies wasn't addressed in the apparent belief for no need for currency anchors.. As to A.J.Cohen, wonder how she would answer the question about the ripple effect ie our neighbor Canada's currency dropping and what kind of affect will that have on US businesses or more importantly U.S. workers..ripple effect to Mexico? I wonder if US is that insulated... also wonder what she would say when asked about bankruptcy rate and consumer debt and our huge government debt? with the dollar so high, how will she answer about our competitiveness? wonder if she thinks we will have to pay the piper... time always tells...

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