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

To: long-gone who wrote (10414)	4/22/1998 4:23:00 PM
From: Mike McFarland	Read Replies (2) \| Respond to of 116927

If there were inflation then adjustments to Social Security and cola's for fed workers would be very bad for budget, for heaven's sake, keep the "I" word on this thread only. Speaking of the tomato: A decent tomato is $3 a pound where I'm at, but they are hothouse from Vancouver B.C, so they've been shipped a couple hours on I-5. How do you measure inflation, very very tricky. If all a person needed to live was milk and eggs maybe there is indeed no inflation. But, like you said, throw real estate into the mix and watch cola's go from 1.5 to 10%. I think in the end it comes down to wage inflation. I had an estimate done to get some fences put in around my lot, this was a couple weeks ago. The guy said he'd send me the estimate, and they might be able to do it in July. Geeze, guess there is plenty of work, even for unskilled labor. Wage inflation is coming, I just hope to get my dow puts a week before next fomc, we probably have a few months left/maybe folks will begin to take money off the table around dow10k, til then, enjoy the ride. Gold will have it's day, but perhaps only after another ten percent of froth, then other assets see some money. Gosh, that message would be more at home on the BK thread, sorry about the rant.

To: long-gone who wrote (10414)	4/22/1998 4:31:00 PM
From: Jim McMannis	Read Replies (2) \| Respond to of 116927

Shhhhh, Quiet! There IS no inflation...There IS no inflation... We don't want the FED to see any inflation. No Hikes... Gas is cheap... Jim PS. of course I agree with you. You in Denver?