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Gold/Mining/Energy : Gold Price Monitor

GDXJ 90.35

+0.4%

Nov 6 4:00 PM EST

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To: Hawkmoon who wrote (25434)	1/5/1999 10:02:00 AM
From: long-gone	Read Replies (2) of 116753

Ron, Yes, that 150 has been around a while - they are releasing it(if required) for Y2K, now, we should note the additional 50 for us & the 20 for the rest of the world. These are all funds that have not been "out here" Additional cash put into circulation is always inflationary(or so AG wrote before he became head of the fed) . All of the greatest economists of history agree that it is M-1 cash floating around being spent vs "working" that is the inflationary problem. Also, as an aside, we shoud be watching 30 yr. bond yields. I said they would go up, & they have - a little. rh

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