Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Barrick Gold (ABX) -- Ignore unavailable to you. Want to Upgrade?

To: ahhaha who wrote (814)	11/19/1998 8:17:00 AM
From: Zardoz	Read Replies (1) \| Respond to of 3558

I heard late last night on TV that ABX is believed to be one of the stocks, that will appear in the NEW S&P-TSE-60 Index. This might go to help explain the most recent buying by funds, and the support levels of ABX.

To: ahhaha who wrote (814)	11/19/1998 4:25:00 PM
From: Terry Whitman	Read Replies (1) \| Respond to of 3558

Excellent commentary. Your real name isn't Howard Ruff is it? I have to agree with most of your points. I did some research recently on money growth, and was amazed at the growth over the last 3-4 years. The FED has been printing money like a madman, yet the only signs of inflation we have are in stocks and real estate. How long until inflation reaches consumer goods? This delicate balance can only be maintained if the cheap imported goods and commodities continue to be cheap, and the easy money keeps flowing into equities and real estate. Otherwise, like you said, Major recession. The biggest stock bubble in history, meanwhile continues to grow. When that bubble is finally burst, will inflation take hold? Or is it already here (in assets)? Bursting the bubble makes that money disappear (unless it's leveraged). Is that the plan (the money disappears, and voila, no inflation)? FWIW- Check out my story, "the Road to Retirement City", you may find it amusing: geocities.com Regards, TW