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To: BigBull who wrote (44629)5/12/1999 6:52:00 PM
From: Crimson Ghost  Read Replies (1) | Respond to of 95453
 
Big Bull:

Support for Wallenchek from George Soros's chief investment strategist. Huge commodities boom coming.

London, May 11 ( Bloomberg ) -- Government bonds are in a "bear market" and won't emerge any time soon, as global economic
growth drives investors into stocks and commodities, said Stanley Druckenmiller, who manages Soros Fund Management's
$6.75 billion Quantum Fund.

"The probability of a global boom is not remote," Druckenmiller said at a Nation's Bank Montgomery Securities Conference in
London. As a result, " the world economy will suck money out of the bond market."

He also predicts copper, silver, aluminum, and timber will rebound as global demand increases. " A bull market in commodities is
just starting."