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

To: Bobby Yellin who wrote (11062)	5/1/1998 1:43:00 PM
From: Stew	Respond to of 116950

Bobby: I'm no expert either. In fact, I'm a relative newcomer to the stock game, having plugged Mutuals into my RSP for years. My broker does consider the utilities index a reliable bellweather, is all I can tell you. Mentions it every time we speak. Just trying to buy good stuff cheap and hope it becomes household name within 5 - 10 years so I can retire to the beach without having to peddle jewellery on a table:-)

To: Bobby Yellin who wrote (11062)	5/1/1998 2:17:00 PM
From: long-gone	Read Replies (1) \| Respond to of 116950

Bobby, I'm not that good at all this stuff either. I think this lower gold cost must be the last gasp of a dying bull. Yes, the matador has entered the ring. The bulls problem now is he has fought & beaten many a good matador of late. Now, Without the money for the IMF this year, If Greenspan moves, there is more than a slight risk of a world wide economic collapse. If Americans can't but Hundais & Sonys(as McDonalds no longer needs the american workers) and there is no american IMF money the far east will fall. The only choice Greenspan will have is to run those presses on W.F.O. Gold south today? Big - Big market. Lots of money to short gold with. When the EMU comes in & the dollar is devalued, I'll bet oil,gold,&silver will not be devalued.Even if there is only a 2% down move in the dollar there will be dead bulls in the street. And devalue the dollar they must. Members of the Dow which reported currence related profit problems? I think it was 18! They won't keep the dollar here if it means the end of everything they love. rh

To: Bobby Yellin who wrote (11062)	5/1/1998 2:21:00 PM
From: Ray Emery	Respond to of 116950

The tea leaves and sheep entrails are getting clearer IMO. Many factors coming together at one time to make the future very interesting indeed. 1. Y2K (and no one is paying attention) 2. A morally bankrupt, criminal, lying, lame duck, president 3. A market top to end all tops 4. Asia on the brink 5. Islamic unrest (Saudi Arabia in particular is a house of cards) 6. Welfare attitude of the general populace 7. - 10. I'm sure there are more that other contributors could come up with. It may be time to think about how we will survive the worst case scenario. What are some financial strategies that we should consider? Or is there ANYTHING we can do to offset what may be the inevitable hardships that may occur. The Y2K problem, in particular, may be the catalyst that starts the whole thing rolling. The general public either doesn't get it or doesn't care. The seem to think that the government will somehow save everything at the last minute. If you know anything about this problem you and I know that that ain't gonna happen. Even if we were to get somewhat of a handle on it the rest of the world is far far behind and when they take the dive they will pull US along with them. I am not saying that this is the end of the world, but I do think it prudent to consider the what ifs and keep our eyes and ears open. One thing is for sure, if things do go to hell, the average person will not have the resources to survive because they have never known hardship like their parents and grandparents. Just Considering the Future Ray