At a bottom now for gold? Message Board

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Gold/Mining/Energy : At a bottom now for gold?

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To: Vieserre who wrote (1524)	8/12/1998 3:10:00 PM
From: Bobby Yellin	Read Replies (1) of 1911

I just wonder...about wage inflation.. ie bp merger with amoco..how much jobs here will be lost 6000 with asian meltdown,how many jobs with benefits have been cut by technology companies with market selloff how many people will not feel as wealthy or as secure with their market wealth? somebody mentioned that the American Institute of Petroleum said supply of oil should peak maybe in 1999 (didn't see it in writing) and then oil prices will start to rise..good for Russia,Mexico,South America,Indonesia etc).. flooding in China should put bottom in in comodities..the opposite of El Nino should put a bottom in in energy..(maybe I am being too simplistic) there are just so many forces...it just seems as if the governments need to do something in short term to bid time.. it would seem that US has the slowing affect of Asia so it wouldn't need to raise interest rates unless Japan started getting their economy going..etc hope I haven't contradicted myself within this post..

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