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Gold/Mining/Energy : Gold Price Monitor
GDXJ 105.34+5.2%4:00 PM EST
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To: Henry Volquardsen who wrote (13935)6/29/1998 10:00:00 AM
From: Lightning  Read Replies (2) of 116767
 
Where is an increase in savings (from baby boomers or others) shown by the data? I thought U.S. savings rate was low and had been decreasing this year as consumption growth is exceeding income growth. Perhaps you meant that past savings have been progressively shifted from bank accounts, real estate, etc. into equities over the past sixteen years. I believe that this week's Barron's shows a chart that puts equity holdings as a percentage of family assets at an all time high (up from a trough in 1982)!
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