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Gold/Mining/Energy : Gold Price Monitor

GDXJ 99.85

+6.2%

Nov 24 4:00 PM EST

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To: goldsnow who wrote (14213)	7/8/1998 7:24:00 AM
From: Bobby Yellin	Read Replies (4) of 116764

I don't think I should have buried that inflation savings bond item in my prior post.. An alternative has been provided for small investors who want to be prudent..supposedly the rate will start at 3.5 percent.. the only trouble besides the lower rate is that once again it gives the government the incentive to not reflect true inflation! I was waiting for something in the longer yield side since a few weeks ago they announced a removal of certain notes..and a quarterly offering rather than a monthly offering of another note.. I am still expecting the government to start issuing more 30 year bonds now..I will be surprised if they don't

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