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Gold/Mining/Energy : At a bottom now for gold?
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To: Bo Bob Brain who wrote (1089)2/24/1998 10:20:00 AM
From: Alan Whirlwind  Read Replies (1) of 1911
 
With trouble in the Middle East waning, oil, already pressured by El Ni¤o's warming effects, continues its slide. Metals will no doubt languish a bit here. However, I foresee further Presidential problems and the possibility of neither Clinton or Gore finishing the year in office. That should stir up the waters a little bit. Question: If the SS trust fund (which will be insolvent in 15 years) is running a $100B surplus, and this surplus is put into bonds (i.e. the general fund) thus giving us a $10B net surplus for the year, isn't it silly to say that we need to use that surplus to "shore up Social Security"?
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