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Gold/Mining/Energy : Gold Price Monitor
GDXJ 107.29-0.9%Dec 2 4:00 PM EST

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To: Ahda who wrote (33220)5/6/1999 5:57:00 AM
From: Zardoz  Read Replies (1) of 116791
 
"I will go wih your CPI figures which come out at about 11.2"

Where you scam that number out of? CPI inflation is 1.4% year/year. If you believe that CPI is 11.2% then you believe monetary inflation is more powerful then CPI? {Think you'd agree there?}

>>The new paradigm was growth without a bust, by controlled inflation.
>Conceal inflation, Print

That's what it is, not what it's suppose to be.

If this is a true blow off rally as was said by pundits of late, with a rise to 23-40K, then USA will die a depressionary death. I said a long time ago that lowering was wrong. LTCM knew lowering was bad, but they fought the ticker hard. I get more and more concerend as the dow climbs over 10K. Although I've found some good stocks, it took a majour amount of looking. I can only justify buying takeover targets these days. And wait for the greater fool theory to kick in. In this market place, I suggest it will.

I await the M2/M3 money numbers after tax season is over...
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