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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: Ahda who wrote (37807)	7/26/1999 7:31:00 PM
From: Zardoz	Read Replies (3) \| Respond to of 116759

i perhaps have lost site of the currency basket i don't like the figures coming out . Really... I was thinking that BOTH the US economy and Canadian economies are looking better now, then they did just 4 months ago. The 30yr long bonds in the states have climbed, thus removing much of the pressure for the US fed to raise. The US M2 has basically DIED to zero from it's excesses of 7-11% yrtd. Canada has a 3-4% growth rate, but yes commodities are sucking wind. I see the markets much more stable now; then before... not like last Aug, now that was bad. Gee, I'd have to join Gazerallia {the best contrary indicator ever} and say the markets are good. Only the DOW, and Nasdaq can move +/- 10% from the highs. But if anything should be warned, Japan is still dieing on the wine. Hutch PS: Gold could really get hurt bad when the US Dollar index climbs again: pacific.commerce.ubc.ca plot Gold-base, versus SDR for last year.