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


To: The Barracudaâ„¢ who wrote (43458)10/21/1999 10:30:00 AM
From: Hawkmoon  Read Replies (1) | Respond to of 116764
 
Holy ****!!!!!

""The Federal Reserve Bank of Philadelphia's general economic
index -- compiled from a survey of about 150 manufacturers in
eastern Pennsylvania, southern New Jersey, and Delaware -- fell
to 6.9 in October -- the lowest since February -- from 17.6 in
September. Analysts had expected the reading to fall to 16.
''Overall sentiment is coming down, which is largely a
reflection of higher interest rates,'' said Phil Hill, an
economist at Briefing.com.""

It would be nice if you take extracted ALL THE VITAL INFO from that Philly report, not just what you think makes your case.

Interest rate hikes are clearly taking their toll, and that suggests that the prices data will come down drastically as demand subsides.