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Gold/Mining/Energy : Gold Price Monitor

GDXJ 96.06

-1.4%

4:00 PM EST

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To: Bonnie Bear who wrote (26519)	1/20/1999 5:08:00 AM
From: John Hunt	Read Replies (2) of 116762

Wall Street Enjoys Ebullience While U.S. Farmers Suffer Depression gold-eagle.com << Two rapidly converging events with seemingly no apparent relationship may cause untold suffering for the US: the CRB Index downtrend and the on-going Brazilian devaluation. The Commodity Research Bureau Index (CRB) is an index of 21 basic commodities - heavily weighted in agricultural foodstuffs. In recent weeks the CRB has sunk to its lowest level in nearly 24 years (since early 1975). And the trend continues south. Seemingly unrelated to the CRB decline is the recent devaluation of Brazil's currency - the real. Very sadly, they are indeed related - and portend unbelievable misery for the American farmer. -- cont'd -- >> Hi Bonnie, Welcome to the world of reality thread! ... At least most of the time ... Long time no see. < g > John

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