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Gold/Mining/Energy : Gold Price Monitor

GDXJ 108.90

+4.2%

Dec 9 4:00 PM EST

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To: John Hunt who wrote (27578)	2/3/1999 5:36:00 AM
From: John Hunt	Read Replies (1) of 116805

The real U.S. economy << The stock market is propped up by the economic news, which is largely misstated. Economist Walter J. Williams, who runs the Shadow Bureau of Government Statistics in Hawthorne, N.J., reports that our annual inflation is not 1.6 percent, but 4.1 percent over last year if you use pre-Clinton methodology. Unemployment is not 4.3 percent, but over 10 percent if you back out all those people who were reclassified as "discouraged workers" and simply eliminated from the government's tally. And over half of the 17.5 million new payroll jobs since Clinton came into office are imaginary "fudge" factors. >> worldnetdaily.com But they are just little white lies....

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