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Gold/Mining/Energy : Gold Price Monitor
GDXJ 100.15+0.3%Nov 25 4:00 PM EST

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To: Henry Volquardsen who wrote (13935)6/30/1998 9:09:00 PM
From: PaulM  Read Replies (2) of 116764
 
"savings drive by U.S. baby boomers" Henry, might it be more accurate to call it the boomers optimism that the market will do their savings for them?

Savings as a percentage of income--meaning the part of the pay check put away--is, I believe, at or almost at its lowest levels in decades.
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