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

To: bobby beara who wrote (12370)	5/29/1998 7:17:00 PM
From: Richard Mazzarella	Read Replies (2) \| Respond to of 116857

Bobby, <<Soylent Green>> At least one can eat the stuff. <VBG> The new story on the weak POG is that Asians now can't afford precious metals? When it's darkest........... buy dollars. <VVBG>

To: bobby beara who wrote (12370)	5/29/1998 7:39:00 PM
From: Bobby Yellin	Respond to of 116857

at this point,I think it will be much easier for gold not to hold that support..the strength in utility index and the lack of reaction to the nuclear threats and possibly IMF forcing Russia to dump their reserves... tfc-charts.w2d.com heard that 3000 workers at GM might strike.. somehow I think the governments will step in to prevent a further deflationary spiral..so I think even the governments might step up to the plate and support gold if it starts free falling.. maybe I listen to too much news..but it really appears the world is falling apart.. US is doing great but it is sounding as if many are living over their means... confused with our 15 trillion dollar debt that rarely gets mentioned.. and everybody flocking into the dollar as a safe haven...weird.. even with the bad bankloans in Japan..it just sounds so much sounder.. Germany doesn't sound so great with high unemployment in East Germany and possibly massive bad loans to Russia.. really weird times... (now probably there will be a renewal in western countries of building up their defense..)