Gold's Six Month Base Near Completion Message Board

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Gold/Mining/Energy : Gold's Six Month Base Near Completion

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To: Bill Murphy who wrote (59)	6/5/1998 4:49:00 PM
From: Bobby Yellin	Read Replies (1) of 94

Hi Bill: looks like two huge crosses on Canadian side of ABX...wonder what that was about.. sounds like world is being bailed out.. re Indonesia,Russia oil prices might help Mexico etc South Korean Korean air plans 1.35 billion order from Boeing unemployment low..growth in jobs high..(still think the low wage increase just means that most workers here don't make that much money and wage increases based on percentage of salary..I could be so very wrong..but consumer is spending and retail stocks are looking good etc..which should push economy further) anyways..any thoughts if gold will just be used as an inflation hedge.. seems Fed can't raise rates and collapse stock market..but if oil prices start to stick and if more and more hiring..and if corporations have to start raising prices a bit.. who knows.. bobby (who knows maybe domestic stocks will keep on chugging along and you will be so right about gold!)

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