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Gold/Mining/Energy : JAB International (JABI) -- Ignore unavailable to you. Want to Upgrade?

To: Peter S. who wrote (3153)	3/5/1998 9:46:00 PM
From: gtoland	Read Replies (1) \| Respond to of 4571

The economy is doing great and very stable... The price of gold generally goes up as interest rates go up and the economy tightens. Remember when our homes went south in price, leaving some owing more on their home that it is worth. About 15 - 20% less in California. The POG was at $400+. As I remember. Until the economy turns and we can not buy stocks, <g> because we will have to pay higher prices for food, clothes, etc. IMO Eventually this will happen. Mr Greenspan will see the need to put a halt to our prosperity, increase the interest rates and we will see the POG increase. gary :)

To: Peter S. who wrote (3153)	3/6/1998 10:34:00 PM
From: virginijus poshkus	Respond to of 4571

Peter, the geocities site has mentioned that gold is in a bullish phase. so far the price has not confirmed a bullish move. according to Mr. Kaplan, the POG will have to assault the $310 level in order to get the train rolling. so far all moves to move above the $300 level have met resistance. one way or another, a break above or below is in the offing. don't ask me which way it will go. I am usually wrong 99% of the time. the major factor in our favor is the supply demand curve. that is about it for now. have a good weekend. vargas