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

To: Jim Ilchyshn who wrote (3128)	11/14/1997 9:31:00 AM
From: Bobby Yellin	Read Replies (2) \| Respond to of 116832

wonder if anybody else this morning heard Jimmy Rogers say that the government's numbers don't correspond to what industry reports..ie restaurant industry..a lot are reporting increases..the government isn't..Rogers asked who should know? Then somebody else on the show countered with other things being lower..computers etc..(not too true since people buy with more bells and whistles..and anyways people don't buy themselves new computers every few weeks..but they might go out to eat..use the telephone.. etc more often :> wonder if gold will hit 275 and the dow 10,000 before a reversal of fortunes.?(notice with all the jewelry ads..no reflection that gold is dirt cheap)

To: Jim Ilchyshn who wrote (3128)	11/14/1997 11:03:00 AM
From: philv	Respond to of 116832

Jim: If the falling of global markets, currency devaluations, wage and price increases non-existent and governments world-wide cutting back; If these aren't strong indications of deflation, what is? So....The price of gold should go up. According to the theory that gold does best in deflation, we should be at all time highs. This theory is being tested now, so all we can do is observe. Phil