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Gold/Mining/Energy : Gold Price Monitor

GDXJ 121.87

+3.9%

4:00 PM EST

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To: Bucky Katt who wrote (5309)	1/6/1998 6:28:00 PM
From: goldsnow	of 116842

"It looks like the writing is on the wall. Can you read it?" William, I cannot read Chinese and almost "fogot" Russian but that is scary.. Imagine China telling that they are displeased with our handling of Taiwan, therefore they are going to establish fabs, and than when Asia stronger and we are weaker tell Motorola, Applied Materials, Intel and so on and US Gvn that they are deeply displeased and start to flex their economic muscle..It is all very unsetling.. and we may soon start competing with Japanese cars made in China Separatly, from Bloomberg "Japan's domestic automobile sales in December fell for the ninth straight month and are likely to continue declining for the next several months with no sign of a recovery in consumer spending. Investors sold shares in construction companies after Toyoko Construction Co., an unlisted Yokohama-based contractor, yesterday declared bankruptcy with 40 billion yen in liabilities. The company had annual sales of 23.5 billion yen.

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