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To: re3 who wrote (40382)	5/11/1999 4:11:00 PM
From: Terry Whitman	Respond to of 86076

One must remember the definition of inflation- Too much money chasing a limited amount of goods. Recession or not- the dollar will fall in value relative to hard assets like metals and other commodities. This makes them worth more irregardless of demand. There will still be demand for commodities however- As prices rise, it fuels demand for goods. People stock up to avoid paying higher prices later, yet goods and services producing companies must pay higher wages and costs. Then they have to raise prices. It is a vicious cycle. Ask someone over 50 what it was like in the 70's. BWDIK, TW