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Gold/Mining/Energy : Gold Price Monitor

GDXJ 92.99

+2.9%

Nov 7 4:00 PM EST

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To: PaulM who wrote (20192)	10/1/1998 7:18:00 AM
From: Bobby Yellin	Read Replies (2) of 116753

Hi Paul: what are your thoughts on that if the Dow stays down and goes lower, consumer confidence will erode more and create more deflationary trends here..right now the only way I can figure how the service sector here will get hit, is if the consumer cuts back on services.. just look at the rise of uninsuranced people here..over 42 million the last time I checked don't have health insurance..the article said that many were not poor If money continues to flow out of Brazil..wonder what that will do to our money center banks..quite bullish for gold ps. (wonder how much is spent by consumers on vaporinformation..ie beepers and cell phones..can't rationalize that instant information really adds to productivity..but does add to stress)

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