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To: John Hunt who wrote (16797)10/19/1998 8:19:00 AM
From: Wren  Respond to of 18056
 
John, you may have posted this Terry Savage column, and if so, sorry about re-posting. Near the end of the Bert Dohman paragraphs, it gives the information in his current newsletter forecasting DOW dropping into the 6500 to 7150 range.

suntimes.com



To: John Hunt who wrote (16797)10/20/1998 8:01:00 AM
From: John Hunt  Read Replies (1) | Respond to of 18056
 
Printing Money Can't Beat this Deflationary Dilemma

gold-eagle.com

<< There exists a universal complacency that the Federal Reserve Bank can save our economy from catching the spreading Asian contagion, thereby allowing us to avoid the severe problems of deflation. Economist after economist are telling viewers on CNBC that there can be no deflation as long as the Fed continues to cut rates, and expand the money supply. Multiple stock market strategists follow who say that the stock market should not decline further as long as interest rates are being cut.

In our opinion, reducing interest rates won't save us from the deflationary problems that our global economy is now having. >>




To: John Hunt who wrote (16797)10/20/1998 8:09:00 AM
From: John Hunt  Read Replies (2) | Respond to of 18056
 
USAGOLD OPINION: Don't Cry for Argentina ....

Message 6077086

<< This afternoon Argentina announced a sale of its remaining gold, according to a report by Bloomberg. There were no details though we will likely hear more as the day goes on. Let me first of all say that Argentina just recently received the plaudits of the International Monetary Fund because it met the deficit guidlelines laid down by that international organization with respect to its deficits. Meeting the IMF criteria no doubt played a positive role in Argentina's successful bond float today on Wall Street today handled by Goldman Sachs & Co ...... >>