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Gold/Mining/Energy : Gold Price Monitor

GDXJ 96.04

-1.4%

Nov 17 4:00 PM EST

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To: IngotWeTrust who wrote (23932)	12/7/1998 12:50:00 PM
From: long-gone	Read Replies (1) of 116762

You could well be right, but one must wonder. speaking of which(the EU), Where does all of Wall Street get off with these lies to the investing public? Almost all agree that the EU will bring about a haircut in the value of the $. I have heard numbers running from a low of 2.5% to a high of 35% - but it will go down. When the "experts" claim all commodities will get cheaper over the next 5 years, this flies in the face of all logic. These commodities are priced in $ - if the dollar is worth less the commodities will be worth more. It matters not if the if the commodity is oil gold or beans. As the population of the world will go up & the $ down, so will the prices increase. I heard a technology bull (and commodity) bear saying oil ws going to $6 a barrel and corn will be near free - suggested farmers sell their land and buy high tech mutual funds. I could only laugh.

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