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

To: ahhaha who wrote (1454)	7/17/1998 8:04:00 AM
From: Pete Schueler	Read Replies (1) \| Respond to of 1911

ahhaha, I think your scenario is highly probable. However, you expect a gradual correction for the stock market. I think it might go down slowly at first but then drop like a rock later this year or early next when some "exogenous force" triggers panic. In any case the Fed will react with easing as you predict. Many thanks for your lessons in monetary phenomena. I must confess much of it makes my head swim but I learn a bit each lesson. I am convinced as you that the Fed has dropped their guard and hasn't the will to inflict pain.

To: ahhaha who wrote (1454)	7/21/1998 1:27:00 PM
From: Ahda	Read Replies (1) \| Respond to of 1911

You can comment on Greespan speech better than most. for me i see inflation for many of my friends trying to raise children and juggle job and kids. I see smaller discount end closing and retailers taking over where there was other options for working parents . I see buying power shrinking and mergers controlling costs if reducing competetion later consummer wise increasing costs. so now we next we grow organs and replace them and social security really gets strained down the road. Quite frankly i don't think Greenspan knows quite what to do but watch banks . scuse spelling.