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Gold/Mining/Energy : Gold Price Monitor
GDXJ 136.00+6.2%Jan 20 4:00 PM EST

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To: Bobby Yellin who wrote (12377)5/29/1998 10:37:00 PM
From: William JH  Read Replies (1) of 116896
 
Thomas - True, there is an abundance of the commodities that you listed. However, and this is my concern, there is an even greater supply of dollars in this world.

I'm just a small player, but I find myself with a lot of dollars from the last three year bull market in equities. What I'm trying to do is intelligently diversify out of dollars into something tangible. I don't know if gold is the answer, but I am sure that expectations for it are low and it couldn't be more out of favor.

I've never had a good understanding of inflation or money creation, so what do I know?

Best regards,
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