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

To: goldsnow who wrote (6132)	1/16/1998 7:54:00 PM
From: Ahda	Read Replies (2) \| Respond to of 116762

U.S. Consumer Prices at 11-Year Low in 1997 "The news is remarkable. This shows the core rate of inflation is at the lowest rate since 1965. It's precisely what markets were expecting and it is very positive for the bond market," said Paul Boltz, chief economist at T. Rowe Price Associates Inc. Economists have been surprised at the tame rate of inflation, particularly after a year in which the American labor market tightened and unemployment fell, conditions in the past that have been linked to higher prices Maybe partof that answer in here Sears, Roebuck and Co uncollectable accounts were up 80 percent year over year in the third quarter, and up more than 100 percent over the second quarter. Rubins Thoughts U.S. helped to contain Asia crisis fallout-Rubin Rubin added there was ''no guarantee'' that the Asian bailout programs would work but added the region's recovery was of ''enormous concern'' to the United States. biz.yahoo.com

To: goldsnow who wrote (6132)	1/16/1998 8:17:00 PM
From: Mark Bartlett	Read Replies (1) \| Respond to of 116762

goldsnow, <<"the relatively strong close should mean a test of the $300 an ounce level could eventuate next week,'' >> It is interesting to note how quickly the sentiment in gold seems to be changing. Here is Toronto, I have heard 2 commentators, both of whom were quite bearish on gold, changing their respective tunes in the last 24 hours. It seems many appear to be changing their thinking all at the same time. I'm wondering _exactly what they know that we do not ... or is their thinking just being shaped by the same things we see here. It just seems to me to be a little _too coincidental. MB