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Gold/Mining/Energy : Maxam Gold Corp. OBB:MXAM

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To: Chuca Marsh who wrote (6824)12/10/1998 12:37:00 PM
From: Bruce McGaughey  Read Replies (1) of 11603
 
Anybody see the chart on the XAU this morning ??
Dollar lower these days.
England talking of a rate cut.
Lay-offs all over the place.
Central banks need to re-inflate....and quickly !!!
Greenspan was too slow to lower rates in '89 and it cost
George Bush the '90 election.
I think he was too slow again and will have to lower rates
quickly again to get things moving.
Gold could pop very well in '99
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