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Gold/Mining/Energy : Gold Price Monitor

GDXJ 105.33

+5.2%

Nov 26 4:00 PM EST

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To: baystock who wrote (34684)	5/30/1999 5:15:00 PM
From: Ken98	Read Replies (1) of 116770

<Maybe they are inflating because that is the least worse alternative. > Ram, I think that this is a very real possibility. They are trying to keep us propped up until Japan and Europe can get back on their feet. This is also what Volker said recently. Something to the effect that our stock market bubble is what is keeping everything going and the bubble exists on the back of about 50 stocks, only half of which have any real profits. But the road to hell..... Are they just putting off the day of reckoning? Kind of like all of the small fires that we put out in Yellowstone for decades that created an excess of undergrowth which, when ultimately ignited, created a much more destructive fire that would have ever ocurred without man's intervention previously. Regards, Ken.

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