Global Santa Fe (GSF) (formerly Global Marine) Message Board

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Gold/Mining/Energy : Global Santa Fe (GSF) (formerly Global Marine)

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To: Gerald F Bunch who wrote (1329)	3/12/1999 9:25:00 AM
From: Robert Douglas	Read Replies (1) of 2282

"Asia is printing money big time now to help it get out of economic trouble." Could you provide a URL. The best publication I know of for keeping track of interest rates, exchange rates and economic policies of the Asian countries: ml.com While I am not a monetarist, and therefore despise the nonsensical phrase “printing money”, it is true that the monetary policies of most of Asia have turned quite stimulative. I believe it is only a matter of time before this stimulus, and more to come I'm sure, will take hold. This is the primary reason I own oil-related stocks. The decline in the sector was a function of the Asian recession. Its recovery will be tied to it as well. All the speculation that oil is doomed and that the world is flooded with crude is simply the normal bear market blather. -Robert

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