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Gold/Mining/Energy : Gold Price Monitor
GDXJ 105.34+5.2%4:00 PM EST

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To: John Barendrecht who wrote (18453)9/11/1998 4:48:00 AM
From: Bobby Yellin  Read Replies (1) of 116767
 
real estate in NYC is driving out small businesses for huge chain stores..NYCers with cars shop for groceries outside Manhattan. The rents and prices are bizarre..the only good news is that there has been so much renovation that the side streets have become beautiful.(and real estate brokers have made a fortune along with people who are selling at the highs)..it is amazing how many people I see now smoking on the street..especially younger people whose jobs and paying the rent must be quite stressful..expensive restaurants are probably doing great..many other restaurants aren't doing so well..
a lot of people must be apartment poor..two wage earners for the most part are needed to pay the rents or coop or condo fees..
the bubble is probably greater than the last bubble..the only difference is Japanese aren't buying this time..
I think your 20 percent number is quite low..as for people lying..can't imagine what that percentage is.. if one were to compare
clinton to JFK for instance,would he look like a choirboy?
As for Charters,I wish he would just keep to gold.
As to this thread,I find it bizarre..deflation is being mentioned everywhere now..the most bullish case for gold imaginable and currently gold seems to be of diminished interest now on the thread..
The irony ......
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