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

To: ahhaha who wrote (40580)	9/23/1999 1:39:00 PM
From: Ron Struthers	Read Replies (2) \| Respond to of 116790

There is a global over supply of goods and services and continued weak demand except for the U.S. consumer. Easy money policy has flowed into assets, rising prices, as a result only a small percentage of the world is seeing increased income to afford to buy goods. Most 3rd world countries are still trying to export out of recession. China is in a deflation, other countries affected by the Asian crisis allowed their currencies to collapse to avoid deflation. While the U.S. has plenty of $$, the rest of the $ debt world is crying for more. The problem is now spreading into South and Central America. CBs have temporarily halted the deflation wave by providing easy money for th U.S. consumer to go on a debt piling consumption binge and OPEC countries managing to rein in oil production and raise prices. I don't believe these trends can stay intact or are enough You can view more on my web site as I have some past writings up there on deflation sentex.net Ron