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Gold/Mining/Energy : Gold Price Monitor
GDXJ 94.04+0.6%4:00 PM EST

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To: John Mansfield who wrote (20135)9/30/1998 4:25:00 PM
From: long-gone  Read Replies (2) of 116764
 
RE: edwards scale
John,
While I agree there are some areas around a 7 now, I must think that some of these areas will be no worse off they are today, and maybe a little better.
The area in NM where my dad lived during the depression actually saw a near unchanged lifestyle. They raised 90% of their food, had no
money before, had none during, or after. The way it became better was many my granddad (as many in the area) panned a little dust to pay the taxes. Demand for the gold was up.
Some large inner cities could become around 9 - 19(yes I know it is a 10 scale) depending what end of the gun you are on..
I think The Boulder area (nearby) might well see only a 4.5-5, while where we are & most places 6.5.-8.0
rh

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