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Gold/Mining/Energy : Gold Price Monitor

GDXJ 96.88

+0.9%

4:00 PM EST

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To: Enigma who wrote (19508)	9/22/1998 2:16:00 PM
From: Stephen O	Read Replies (1) of 116762

Enigma I agree with you. If the governments inflate us out of the mess obviously gold and gold stocks do well, very well. With deflation you will have low interest rates, low cost of carrying gold, and it is insurance. Can u trust the governments. They are all perfidious at some time or another. They will inflate after the deflation. Whether it is 3 mos 1 yr or 3 yrs I can wait.

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