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Gold/Mining/Energy : Gold Price Monitor
GDXJ 114.30-0.5%Dec 12 4:00 PM EST
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To: Ron Schier who wrote (3477)11/23/1997 11:39:00 PM
From: Ron Wilkinson   of 116814
 
Ron, something I had'nt considered until your comment....When these
countries devalue their money they have to come up with alot more of
it to continue buying US debt at the rates they have been. Either they will exasperate their own money problems by exporting more of it to buy debt, or if there are fewer buyers then interest rate are going up in the US. Just thinking out loud. Ron
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