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Gold/Mining/Energy : Gold Price Monitor

GDXJ 108.28

-0.9%

Dec 1 4:00 PM EST

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To: Bobby Yellin who wrote (31680)	4/13/1999 7:38:00 PM
From: PaulM	Read Replies (3) of 116791

Pentagon: Reserve Call Up Likely sg.yahoo.com I think when we discussed that the raison d'etre of this was a POLONGED war, we nailed it. The U.S. says it won't use ground troops even as the public is being prepared for ground troops. We WILL deploy ground troops, but only after weeks and months have passed. And when they are deployed, it will be in such a way so as not to end the conflict completely. A long war in Europe, and an angry Russia, is much, much worse if I'm in Germany than if I'm the U.S. We probably feel we can afford a return to cold war, at least in a small way. What is likely to alter this scenario is Europe trying to end the conflict on it's own initiative somehow, in an attempt to limit the damage. I don't really see how that can happen politically at this stage though. Or perhaps the Russo-Chinese have a surprise up their sleeve for us? Should be interesting.

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