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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?


To: PaulM who wrote (24181)12/12/1998 7:58:00 AM
From: Bobby Yellin  Read Replies (3) | Respond to of 116979
 
Hi
That was an interesting article..
I wonder how much of that money will go back into mutual funds after tax distribution..also curious as to how many savers are buying bills etc directly from the FED now..also curious as to what the banks are going to cook up now to attract back money
wonder if they are going to blame weak XMAS sales on unseasonably mild winter
wonder if they are going to blame retail sales on lack of demand for winter apparel..
wonder if they will ever get around to saying the consumers in the middle have been squeezed and squeezed with reportedly low inflation
and benefit cuts and in growing cases salary cuts :-)besides increasingly amount of job layoffs again because of the mergers and pressure of corporations to reward their shareholders and pay their
ceos huge benefits..
I wonder how many of the CEOS and financial deal makers would kiss Greenspan's barefeet even if he walked barefoot around radioactive waste dump..
checked out the price of ground pork yesterday at local supermarket which has better prices than most in area I live. 2.39 cents a pound..Hog prices are probably at a 25 year low now..farmers are being paid not to produce them..what few people are making the profit on that price..
noticing more and more in stores with specials that people are walking around with the circular in their hands and finding the bargains..
don't remember ever seeing that before except for possibly retired people..
maybe NYC is a rara avis..rare bird..but food prices continue to go up and commodity prices continue to go down..
it would seem that everything practically is geared to rewarding or rather enticing shareholders of companies..if the weather ever gets cold again..energy should perk up a bit increasing costs for companies,if SE Asia is now on long road to recovery,commodities should pick up..as Tom Becker said..gold should be leading indicator of that..
Sometimes I think I am the only one who thinks Greenspan's policies has probably created the biggest bubble and worse,has created a two class system in the United States..
ps. Ran into my acquaintance who is a phenomenal market timer..professional..he said the market should be getting another leg up shortly...



To: PaulM who wrote (24181)12/12/1998 10:05:00 AM
From: Mark Bartlett  Read Replies (1) | Respond to of 116979
 
PaulM,

Some interesting numbers there ... too bad we could not convince a few to buy gold stocks!

MB