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To: Archie Meeties who wrote (71625)	5/8/2000 3:24:00 PM
From: Jim Willie CB	Read Replies (1) \| Respond to of 152472

"inflation is present in the US"... yup, about 3-4 % now, might even rise a little more "the historic role of the US$ as the true denominator of gold is the only valid one"... I said this twice, thus the inflation forward measure is tame as hell interesting new angle... Australian$ is an excellent leading indicator for precious & mining metals... it leads the CRB by 2-3 months... Aussie$ just dropped significantly in a breakdown... my take is that gold/silver is to remain tame and quiescent end of discussion, I suppose we will revisit later, like in mid/late summer take care of yourself / Jim