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Gold/Mining/Energy : At a bottom now for gold? -- Ignore unavailable to you. Want to Upgrade?


To: Vieserre who wrote (1410)7/13/1998 11:22:00 PM
From: Bobby Yellin  Respond to of 1911
 
"The foundation is also built around the CRB. But, I wonder how much of the decline in the CRB price can be simply attributed to over-production of oil which the Asian fall-off merely exacerbated."
I have repeatedly heard that US is 85 percent service economy..so
I can't see why people are looking at commodities as deflationary
influence here.. just an inflationary influence there..
think last year's mild winter had a lot to do with oil..
oil-gasoline.com is a pretty neat site for forecasting energy..
possibly the threat of deflation will come from stock market itself..
that is where part of the inflation is..big time..the major corporations are going to have their margins squeezed more and more..
they partially rose on expectation that the safe way to play the global market was to buy multinationals..well customers have been
declining..how long can safe haven investing last?