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

To: Zardoz who wrote (25074)	12/30/1998 5:09:00 AM
From: Bobby Yellin	Respond to of 116791

Hi Hutch: article in yesterday's New york times about tax revenues from new jersey..it didn't mention "productivity" as source of raising income but rather income gains from stock market gains.. the wag is tailing the dog..at least I finally saw it in print..

To: Zardoz who wrote (25074)	12/30/1998 11:16:00 AM
From: Enigma	Respond to of 116791

Hutch - the PPI for all commodities is down over the last 3 years - in fact it is roughly the same as it was just over 3 years ago - so this is what you wanted me to read, I believe it, in so far as I believe any government data. Now what do you have to say? E

To: Zardoz who wrote (25074)	12/30/1998 11:31:00 AM
From: Enigma	Read Replies (2) \| Respond to of 116791

Hutch - before we proceed further along this track I should also point out to you that the CRB Index is at multi year lows. I guess you're trying to get me to say that we're in a deflationary spiral - or at least a disinflationary one? Save yourself the effort - I am aware of where we stand, but there has been much debate and correspondence on gold in deflationary times - in fact there has been strong positive evidence that gold (and particularly gold stocks) does well in such times. I also notice that you keep trying to paint me into the corner of saying that gold is going to go up in price. I'm not - it's just that I can't help attacking the certitude you show, in your dogmatic way, that gold is bound to go down. Maybe it will start going up now? It's possible you know. E