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Gold/Mining/Energy : JAB International (JABI)

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To: Peter S. who wrote (3153)	3/5/1998 9:46:00 PM
From: gtoland	Read Replies (1) of 4571

The economy is doing great and very stable... The price of gold generally goes up as interest rates go up and the economy tightens. Remember when our homes went south in price, leaving some owing more on their home that it is worth. About 15 - 20% less in California. The POG was at $400+. As I remember. Until the economy turns and we can not buy stocks, <g> because we will have to pay higher prices for food, clothes, etc. IMO Eventually this will happen. Mr Greenspan will see the need to put a halt to our prosperity, increase the interest rates and we will see the POG increase. gary :)

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