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Gold/Mining/Energy : Gold Price Monitor

GDXJ 113.76

-6.4%

4:00 PM EST

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To: Terry Rose who wrote (12161)	5/25/1998 11:19:00 PM
From: Sleeperz	Read Replies (1) of 116834

When Asia gets out of their current crisis and starts buying US goods again, inflation will occur and Greenspan then will increase interest rates. Until then The Asian crisis is dampening growth in the US. cl >>> I personally believe that Greenspan is walking a tightrope while he delays an interest rate increase which is long overdue. Most likely he has an agreement with Clinton and or Japan to hold back on any interest rate increase. The main inflationary data (stock prices, employee stock options in place of salary, and housing costs) are not counted in the CPI so in reality inflation is already here. However at this point in time reality is not part of the equation.<<<

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