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Pastimes : The Big Picture - Economics and Investing -- Ignore unavailable to you. Want to Upgrade?

To: Arik T.G. who wrote (567)	9/28/1998 7:59:00 PM
From: teevee	Read Replies (1) \| Respond to of 686

Hi threadsters, In the short term (3-6 months out), I see a lower price for gold, however, the election of a "social democrat" and ex communist in Germany yesterday concerns me from a historical perspective: 1. Germany has only followed other European countries in moving to the left. 2. A continued global move to the left will likely occur with more "economic contraction" which hurts us little people who vote. 3. Political moves to the left in the past have lead to increases in the rate of money supply, increased borrowing (initially public and then private sector), higher interest rates, and inflation in the cost of goods and services. I believe the above will happen again. The signs should be "pumping" to get economies moving again, followed by commodity price increases. Will commodity price increases be lead by price increases in copper or gold? Any other thoughts or perspectives would be appreciated as I am uncertain about timing, but certain that there are profits to be made here. regards, teevee