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

To: Bobby Yellin who wrote (6911)	1/29/1998 8:57:00 AM
From: Francois H. Gaston	Read Replies (2) \| Respond to of 116762

Clinton's affair brought a lot of instablility to the stockmarket and world in general. Clinton and the Independent Council's interest in pecadillos is a total laugh in Europe and Asia. Therefore gold rises (good!). Europeans saved the US PC companies last quarter. Europe will make the gold go up now too. Europe and other countries will desinvest themselves from US equities if this Clinton/Independent council saga continues. Goodbye retirement for longs in this country.... unless they are astute investors going with some gold, and preparing big ammo for shorting US stocks soon. IMHO: the "benefit" from the leak from the independent council is to have weakened the US position in the world (as the opposition parties have shown how "small" their interest are and how they can degrade the presidency... When, and if a republican is elected, it will not be easy to govern from now on. A shame to have damaged this great stockmarket run and the presidency. Of course, Clinton started it, no doubt. US economy is now the target of Asia and Europeans. Beware of the huge volatility we might see coming up in the stockmarket.... then again, unless things are resloved quickly in DC. The US stockmarket likes Clinton's administration at the moment, and always has over the last few years, while a weakened Clinton/presidency looks like real bad news for our US stockmarket. All above IMHO. Good luck all. Gold is a powder keg ready to explode in 1998 (just IMHO). Gaston