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Gold/Mining/Energy : Gold Price Monitor

GDXJ 101.44

+3.5%

Nov 12 4:00 PM EST

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To: Alex who wrote (23568)	11/29/1998 11:07:00 AM
From: IngotWeTrust	Read Replies (1) of 116759

Thx, Alex. Somewhere in my recent past postings you'll locate the math where it shows 2 things: 1) The 1/3 increase in the money supply is going to be about 128 mil. short of what is required...remember, the run on the dollar can/might be global not just "local"...(can any goldbug still spell i-n-f-l-a-t-i-o-n?) 2) The numbers you gave sound adequate...BUT if every person in US went to the window at the same time...the total float "available in the US alone" would be only $75 per... Sobering, eh? And folks think we goldbugs are a wierd bunch? hrmph! O/49r

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