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Gold/Mining/Energy : Gold Price Monitor

GDXJ 109.23

+3.7%

Nov 28 4:00 PM EST

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To: Terry Rose who wrote (19010)	9/15/1998 11:04:00 PM
From: Zardoz	Read Replies (1) of 116782

"Where is the money going to come from to resurrect this bull market?" Where did it come from in the first place? M2... the lack of liquidity came about when the M2 rate was decreased... YES M2 is still expanding, but not at the same rate as before... Where were you 10,000 post ago when I said that M2 was the reason the the US dollar increase in valuation. This mask inflation. And this is why the Bonds SEEMED to be trading at a high real rate. That fact is, the bonds weren't. Look at 1987 after the mini-crash, when greenspan raised M2... and added liquidiy.

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