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

To: Ironyman who wrote (34837)6/3/1999 12:30:00 PM
From: Jim McMannis  Respond to of 116764
 
RE:"Have you seen the commodity price of lumber? It would be interesting to
see of this rise holds. ( Inflation )"

It's been proven time and again that tax breaks are inflationary.
Real Estate got another tax break last year. The rich are getting richer. New home sales up 9.2% last month. Wage inflation and material costs in that area running rampant.

Jim



To: Ironyman who wrote (34837)6/3/1999 2:23:00 PM
From: SgtPepper  Read Replies (1) | Respond to of 116764
 
Not just lumber. Wheat, beans, corn and even cocoa all surged today. Good omen for precious metals.



To: Ironyman who wrote (34837)6/4/1999 7:29:00 AM
From: long-gone  Respond to of 116764
 
<<Richard,

What would happen if the US matched the EURO in gold backing?>>
Guess it would depend if the treasury loaned gold as does Europe. Do we really know what the true level of gold backing is of any currency.


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