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


To: Bobby Yellin who wrote (41982)10/4/1999 9:48:00 AM
From: C Hudson  Read Replies (1) | Respond to of 116815
 
I just read a Bill Murphy update about possible production cuts in South African Gold Companies. A "GPEC" of sorts. If true, the Bull is guaranteed.



To: Bobby Yellin who wrote (41982)10/4/1999 9:52:00 AM
From: goldsnow  Read Replies (2) | Respond to of 116815
 
you don't have a clue whether hutch is short or long..you miss the boat..he cares about the trade..he doesn't have an emotional investment in the market>>>

I think that Hutch should be extradited to Ghana, where he should stand trial for at least held without bail) for the plight of miners....He is a ruthless outrage to the human race...Your defence of such an apparent vicious criminal is the proof, indeed a smoking gun in your underground work to undemine world prosperity...You should be ashamed if not of yourself but of Hutch to be sure....



To: Bobby Yellin who wrote (41982)10/4/1999 1:33:00 PM
From: Tunica Albuginea  Read Replies (1) | Respond to of 116815
 
Bobby yellin:"Japan out of recession" will hurt USA as much as
" helping USA to lift world economies out of debt ".

Remember that what inflation is caused 60-70% by labor costs.
What kept wages in line the past 4+ years in the US is well known to have been
low priced Asian imports.This is what kept the Fed from raising rates.

Now in a whiff this seems to be gone.
Asia is back.
In the same fashion that Germans dug themselves out of rubble in World War II,
Asia , Japan are now doing the same.

When prices paid for goods imported start to increase
you'll see giant pressure increases for higher wages to pay for

-higher oil
-higher health care
-higher everything

I doubt Internet/e-commerce will abate costs a lot.It may just slow the rise.
People have gotten away for years with living on borrowed money and printing tons of it.

Gold price increases will ultimately reflect that devaluation.
Governments around the world have yet to learn to live within their means.

We will see a decline in stock market next 6 months as Gold and inflation come to true equilibrium.
Then market will again explode upwards,

all IMHO,

TA

Message #41982 from Bobby Yellin at Oct 4 1999 9:45AM

If Japan is coming out of deep recession then that should help all world economies
and take pressure off USA for holding up world..

I don't think people care about the downs in China..
but the potential down the road..with all those people..
you don't have a clue whether hutch is short or long..
you miss the boat..he cares about the trade..he doesn't have an emotional investment in the market



To: Bobby Yellin who wrote (41982)10/4/1999 8:30:00 PM
From: Mark Bartlett  Read Replies (3) | Respond to of 116815
 
Bobby,

<<If Japan is coming out of deep recession then that should help all world economies and take pressure off USA for holding up world..>>

I would like to attribute altruistic motives to the US for their global economic position - but who has benefited because the US took the position they did - the US, mostly.
Is has allowed them to ship inflation off shore.

The economic position the US holds has nothing to do with altruism - is has a lot to do with attempting to get the greatest degree of control, over the world's economy, as possible.

Europe and Japan want no more of it. If they had sat back and watched the dollar gain further strength, they would never have gotten control over their respective economies. It would have been open market for the US - while the rest sat back handcuffed.

Europe is still peeved that Nixon (in the 70's) severed the US dollar's connection to gold away. That's part of what allowed the present situation to develop.

MB