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To: Zardoz who wrote (42448)	10/8/1999 10:13:00 AM
From: Tunica Albuginea	Respond to of 116764

Hutch,Re:" why job report is bullish for gold": cbs.marketwatch.com " The rise in average hourly pay combined with the drop in job growth could suggest that companies are running out of available workers and and therefore bidding up wages in an effort to at least keep their own workforce. Or the increase in average wages could reflect the loss of low paying retail jobs amid a slowing economy. "The most reasonable explanation is that we finally are running out of workers," said Bill Cheney, chief economist at John Hancock Financial Services." ----------------------------------------------- Alan G will be slow in raising interest rates: Market wil soon at inflation fears;Gold will rise as people begin to be afraid tha Fed is asleep at the wheel. Also, this is a hell of an economy. Past experience shows that it takes many more than 3 rate increases to slow economy. The market is recognizing this, ( down this AM ). XAU is recognizing this, ( up this AM ), TA Message #42448 from Hutch at Oct 8 1999 10:03AM This employment report was very friendly with very bullish implications for Gold. How so?

To: Zardoz who wrote (42448)	10/8/1999 11:20:00 AM
From: goldsnow	Read Replies (1) \| Respond to of 116764

Hutch what is your thinking? Unemplyment is historic low, World is recovering (that is why commodities up, after hitting historic disinflation low, afterall, not because of some OPEC intrigues) So you think people in asia just would give-up permanently in favor of New Paradigm-that is north America prosperity and continue to sell bellow cost to "survive"...? Dollar drop, oil rise Gold rise all just coincidences? wages posted the largest gain in 16 years, suggesting the Federal Reserve could raise interest rates next month to head off inflation. quote.bloomberg.com