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To: Bobby Yellin who wrote (10054)	4/16/1998 7:04:00 PM
From: Richard Mazzarella	Respond to of 116810

Bobby, gold forecaster updated: wavechart.com . Short term XAU is a buy again, intermediate is still a sell, while long term is a buy.

To: Bobby Yellin who wrote (10054)	4/16/1998 7:06:00 PM
From: Abner Hosmer	Read Replies (1) \| Respond to of 116810

Hi Bobby - "There is a weight on their minds, and a mountain of misery lies on their hearts. For each, not knowing what he wants, seeks always to change his place, as if he could drop his burden... So each man flees from himself; but as one might expect, the self which he cannot escape cleaves to him all the more against his will. He hates himself because, a sick man, he does not know the cause of his complaint. Any man who could see that clearly would cast aside his business, and before all else would seek to understand the nature of things." - Titus Lucretius Carus (99? - 55? B.C.) Unlike you, Bobby, I have to settle for the translation. Thanks - Tom

To: Bobby Yellin who wrote (10054)	4/17/1998 12:55:00 AM
From: Abner Hosmer	Respond to of 116810

WORLD BANK'S STIGLITZ: TRADE WITH DEVELOPING NATIONS FUELS G-7 GDP economeister.com >>For instance, Stiglitz said roughly 18% of U.S. GDP growth from 1990-1996 was attributable to exports to developing countries. He said 10% of this growth during that period was due to exports to East Asia. Despite the problems of the developing countries, Stiglitz said they have also made remarkable progress. For instance, he noted, life expectancy in developing countries has risen four months every year since 1970; infant mortality has been nearly cut in half; food production has outpaced population growth, and 70% of adults in the developing world can now read, compared to 46% in 1970.<< 70% literacy? Geez, I think that's better than we can manage with our "public education system" right now.

To: Bobby Yellin who wrote (10054)	4/17/1998 12:56:00 AM
From: Abner Hosmer	Respond to of 116810

WORLD BANK'S STIGLITZ: TRADE WITH DEVELOPING NATIONS FUELS G-7 GDP economeister.com >>For instance, Stiglitz said roughly 18% of U.S. GDP growth from 1990-1996 was attributable to exports to developing countries. He said 10% of this growth during that period was due to exports to East Asia. Stiglitz concluded that "international trade has produced a rise in economic sea level that has lifted all boats higher." Despite the problems of the developing countries, Stiglitz said they have also made remarkable progress. For instance, he noted, life expectancy in developing countries has risen four months every year since 1970; infant mortality has been nearly cut in half; food production has outpaced population growth, and 70% of adults in the developing world can now read, compared to 46% in 1970.<< 70% literacy? Geez, I think that's better than we are managing with our "public education system" right now. More fuel for continuing world economic growth.