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Gold/Mining/Energy : Gold Price Monitor

GDXJ 108.29

-0.9%

Dec 1 4:00 PM EST

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To: G.T. who wrote (15726)	8/11/1998 10:24:00 PM
From: long-gone	Read Replies (2) of 116790

The way I see it, we must see inflation this year! After my return from Texas I did a piece about the drought of 98. The conditions are Hellish there! Cotton crop 90% gone! Chicken Eggs turkey heat kills up far higher and earlier than normal. I saw dairy cattle herds and beef breeding stock being sold off due to low future prices & high hay prices. The only TX OK & NM ag products I could find unharmed were beets. (though, I did see northern states with a rather good bean crop on a later north loop). Even honey crop was about 75% off! who ever is manipulating these prices has no concern for the Average American tied to the land! There were all kinds of lay-offs in anything oil or mining related! And get ready all, just heard from a friend who said the Christmas tree harvest this year is DOA! rh

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