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Gold/Mining/Energy : Gold Price Monitor

GDXJ 94.04

+0.6%

Nov 21 4:00 PM EST

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To: Investor-ex! who wrote (34854)	6/4/1999 7:12:00 AM
From: Bobby Yellin	Read Replies (4) of 116764

appreciate your great posts.. would you tackle these. the trade deficit..it seems that every country wants to devalue their currency so they can depend on exporting.. somehow ..eventually this should lead to implosion? yes/no. wonder what event will pull the plug on US trade deficit? or the dollar.. it just seems to be the paper currencies are like a sinking ship and all the rats are scurrying around and stepping on each other to survive short term..throwing out good stuff to make their currency go lower so they can have somebody else buy their products..blah blah.. think of US as the Titanic..too big to fail..can't devalue their currency yet.. like the US before where the people who make the products usually don't work in US but somewhere cheaper..blah blah..leading to destruction in certain industries and dependency on foreign countries to have low wages to export inflation while destroying internal jobs.. If US is in such a booming economy..why haven't wages started screaming.. that is why I think the times reek...as financial types are making huge fortunes.. it is the financial types usually reporting on what is happening in the economy.. I heard now that the average US worker works 50 hours a week.. I wonder if all the people were so traumatized by all the layoffs, they are terrified to demand too much..unless they are right out of college and have no experience in getting laid off.. just had two more friends laid off again..one in programming..his whole division went and another in merger from financial company..

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