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

To: Bobby Yellin who wrote (6772)	1/26/1998 8:00:00 PM
From: goldsnow	Read Replies (2) \| Respond to of 116759

>>>(the biggest inflationary event of all-massive destruction of the competition) ..please explain more>> Hi Bobby, every recession breeds inflation..and despite "new" paradigm is not avoidable. Like Forest Fire-the only difference wild fire vs men-started, still no difference for nature and same conditions are needed, dry, hot season and so on. Recession is needed for efficient and strong companies to kill less equipped to survive and to trim "fat"... Not necessarily the "best" survive, just better equiped "alligators". A tremendous disruption of business ties and structures occur.. Many suppliers and trusted people gone..Those that take their place are more ruthless and expensive...(no competition) The more companies in Asia go bankrupt the more expensive is to replace their product here..And interest rates has to go-up to keep dollar bck at home The more companies go bankrupt in regions of USA that would be hit harder (North-East of course) the more expensive products from remaining competition would be.. Yet all of this are signs of spring As recovery begins "strong" get fatter and slow, newly moved businesses from high-cost North-East to South-East or Midwest find their new discovered bottom line far less burdersome and ready to compete again, they survived the winter..Oil, copper, people are in demand, great demand again..People are ready to buy houses again (may not in New York, but South Carolina (BMW and suppliers would never build in New York and who would?) but nevertheless good for Timber/lumber that is going-up again untill next cycle, by than China is buying massive Copper amounts and starts to build roads to suport GM and Nissan facilities (computers and so on of course as well)...palladium is even in greater demand as Chinese started buying cars, not many just few millions at first..(they, cars not that expensive at first, cheap labour... Yuan get stronger, Yen get stronger/weaker, too many dollars, another crisis strikes gold seen it all...