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Gold/Mining/Energy : Gold Price Monitor
GDXJ 145.00+2.0%4:00 PM EST
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To: Little Joe who wrote (18592)9/12/1998 4:51:00 PM
From: Giraffe  Read Replies (1) of 116906
 
>>I think it clear that the big money and smart money thinks we are heading for inflation.<<

Inflation has been minimal recently ... but what that means is that some domestic goods and services have been going up and all imported goods and services - due to the strong dollar - have been going way down.

Now that the dollar is weaker - domestic products are going up even more (due to the higher cost of imported raw materials) and imported goods and services are also rising.

Will be interesting to see what the ppi and cpi numbers are in a few months.
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