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To: marcos who wrote (4203)12/12/1997 6:19:00 PM
From: JD  Read Replies (1) | Respond to of 116756
 
Kitco's back.

Just jumped to the kitco spot price page and it seems to be working fine again.... kitco.com

BTW, here's another article. It's a December issue reviewing 1997 and making predictions for 1998. investorsfirst.com



To: marcos who wrote (4203)12/12/1997 6:22:00 PM
From: PaulM  Read Replies (2) | Respond to of 116756
 
The latest PPI report in the U.S. showed that it fell unexpectedly. Also inventories were higher and sales were lower than expected.
Also, the Christmas shopping season is so far worse than expected for reataliers.

All signs of deflation. And I would buy that except there are also contrary indicators.

The CRB (commodities index) is well off its low of 1993, and is pretty strong right now despite gold being cheap because of the threat of central bank sales. The Fed increasing the monetary base. The Bank fo Japan is making money. The currency devaluations abroad would seem to eventually necessitate devlauations everywhere (partly to support U.S. corproate earnings which may otherwise get battered). And I think that the CPI and PPI underestimate inlflation.

We may be entering a period of slow growth, higher prices and volatile fianncial markets.......Cheery, huh...