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Gold/Mining/Energy : Gold Price Monitor
GDXJ 92.08-1.7%Nov 3 4:00 PM EST

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To: Zardoz who wrote (27788)2/6/1999 6:28:00 AM
From: Bobby Yellin  Read Replies (1) of 116741
 
latest salvo..(I am going to duck for the return though.)
I hope you respond..gently..
I know you don't care which way gold goes because I have seen your
explicit posts and see you make money on whether it goes up or down..
and you don't have the emotional component about gold that so many of
us have on this thread..
If gold doesn't play a role anymore..then why in the world do so many
wall street people on tv keep on referring to gold as an indicator
that there is no inflation?
Wouldn't it seem quite reasonable that Rubin who knows how the market
works and knows how to "intervene" to get what he wants..can easily
use gold as a means to suggest that there is no inflation..
ps I heard B.Siedman talk on CNBC yesterday..I loved it when he casually said that he is worried about the consumer who seems to be
banking on the stock market to supply him/her with needed money
to continue the buying spree..(I hope I got that right)..wonder if
he too thinks that the economy is being fueled by paper assets rather
than by salaries..I wish I knew how much more the average american
makes now compared to five years ago and how much the average american's necessities have risen(I think I heard somebody during a Greenspan testimony say 3000 dollars more..but am not certain..yes..I am aware with all the refinancing because of lower interest rates..they are saving a gob
of money on their morgages,car payments,etc..
bobby..ready to duck
ps I am using browser Explorer right now and not Netscape..with msn
network..notice something interesting..when I use Netscape msn keeps
on disconnecting me..(wonder if they have some interest in phone
company..) and if I stay with Ie4..don't seem to get disconnected..
spoke to soon..got disconnected..again

maybe just a coincidence..wondering as these phone companies provide
more internet services..will they also have possibly gizmos in their
software to disconnect and make people pay more by having them call in
more..notice GTE has online service but doesn't have unlimited access..so almost forces one to keep on dialing in instead of running
up a huge bill..
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