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To: Hawkmoon who wrote (43233)	10/18/1999 4:52:00 PM
From: goldsnow	Read Replies (2) \| Respond to of 116759

Ron, no need to get upset...talking about Nikkei 40,000 plunge does qualify for Pneumonia, doesn't it? all I said before you got irritated that although US clearly in stronger position than Euro, Asia and Japan ..it is already reflected in the Buble...thus it is no use to keep drumming the beat of US in invincible....the bargains are popping everywhere much faster than with inflation-fear striken aging 10,000 horns bull....No need to get upset if Nikkei at 17-18,000 looks better... At Dow 8-9,000 and Bond 7-8% that may change.. ``The market wants to see the CPI,' said Larry Pavelec, who favors high-yield, mortgage and other non-government debt for the $2.6 billion portfolio he helps manage at Heartland Advisors in Milwaukee. He advises investors ``to continue to be cautious' toward Treasuries, adding that 30-year yields could rise as high as 6.75 percent in coming months from 6.32 percent now. quote.bloomberg.com

To: Hawkmoon who wrote (43233)	10/18/1999 6:12:00 PM
From: goldsnow	Read Replies (1) \| Respond to of 116759

DOLLAR/YEN "We had a five wave sequence that began back in May, with wave three terminating at the recent high in September. Everything coming down is a wave four correction. "I think if we get a rally it will be limited but I see new lows in the dollar against the yen. Resistance is about 107.40, give me a close above that and I say we have a little more room to go to the upside. ``In the big picture, right now it looks like this market is going to head to new lows under the low we made in September. Once we take out that September low of 103.27, we open the way to new lows from 98.40 to 97.' biz.yahoo.com

To: Hawkmoon who wrote (43233)	10/18/1999 7:44:00 PM
From: goldsnow	Read Replies (3) \| Respond to of 116759

The following is to reinforce better the opposing (to yours) point of view on US particular vulnerability due to the Bubble... All the central banks are worried by the same thing - the growing global economic revival and the possibility that it will bring higher inflation. The situation is particularly acute in the United States which has seen an eight-year economic boom. news.bbc.co.uk

To: Hawkmoon who wrote (43233)	10/21/1999 5:36:00 PM
From: goldsnow	Respond to of 116759

The cost of production is another reason for gold prices to go higher, said Jay Taylor, president of Placer Dome Inc., the world's fifth largest gold producer, who was also at the Denver forum. ``I know what the cost is of finding and buying and operating a gold mine. US$310 an ounce, or whatever it is today, is not enough. I do believe fundamentally that there is a relationship to primary mine supply cost, total cost that relates to the (gold) price,' Taylor said. ``I like a number that starts with a four, to give us something close to the risk and the difficulty in this business.' Long-Term Rally The positive shift in the outlook on gold from doom and gloom just months ago, may be the start of a long-term rally, said Peter Palmedo, president of Idaho-based Sun Valley Gold Co. ``The price of gold has climbed as much as 37 percent in the past three weeks. It is equivalent to August 1982 in the stock market ... the beginning of an explosive rise in the stock market. What's happening in the gold market today is very similar,' Palmedo said. quote.bloomberg.com