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Gold/Mining/Energy : Gold Price Monitor

GDXJ 121.93

+0.8%

Jan 9 4:00 PM EST

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To: Donald F. DeKold who wrote (11718)	5/16/1998 8:50:00 AM
From: Bobby Yellin	Read Replies (2) of 116845

Hope you keep on posting.. I am one of the doom and gloomers.. re: baby boomers getting parents' estates....somebody I know mother's died and spent last year in nursing home and sleep most of time.. her sister said it cost $140,000 for the year.. One of my older relatives is hitting 92..her sister died at 96.. at this point,she has no more savings and she is in for a free ride now..hope she lives to be 101 as long as she is not suffering.. Wonder if these are aberrant cases.. also proposed cuts in insurance payments for elderly... On this thread, many of the posters predicted that the IMF bailout wouldn't work..and there would probably be civil strife in Indonesia.. it is quite depressing to find out the posters were right.. Nobody predicted that India would start playing around with nuclear "toys"..the "intelligence" department of the government appeared to be surprised too... Possibly the fund raising activities of the Clinton adminstration will start becoming more important to US voters as China's defense or offense systems might gaining more national attention... Also more attention may be paid to Indonesian problems..and the spreading out effects...heard on CNBC yesterday that Indonesia supplies an inordinate amount of energy to South East Asia..as if SE Asia doesn't have enough problems..major oil companies are now looking for greener pastures..supposedly there are not enough planes to remove their workers.. Some think that the CBers might also have laid the groundwork for Indonesian's problems..ie squashing gold..which could have benefited a lot of Indonesian workers.. This thread is building the Great Wall of China..but...just think about the depression in South East Asia and all the deaths in Indonesia.(somebody else likened the adminstration's dealings with Indonesia to a former adminstration's dealing with Iran..) anyways a lot of us have expected the DOW to reach 10,000 plus and after a severe correction to eventually go a lot higher.. I guess,I for one,don't like what is happening to millions of people in the name of money..and have always thought that if gold or a basket of fixed commodities was the anchor for financial market..the system would be a lot more honest.and far less people would get hurt.. bobby --a doom and gloomer

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