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Gold/Mining/Energy : Gold Price Monitor

GDXJ 87.56

-4.9%

4:00 PM EST

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To: long-gone who wrote (39092)	8/16/1999 7:53:00 AM
From: Alex	Read Replies (2) of 116752

<<The Asians may be wise to hedge. The U.S. military posture around the world is badly stretched, thanks to force reductions. Last week Rear Adm. Timothy Keating, commander of the Kitty Hawk carrier group, warned that if China threatens Taiwan "they are going to have the U.S. Navy to deal with." Perhaps. Clinton sent in carriers in 1996 after Beijing fired missiles toward Taiwan. But such a move might not be so automatic now. "If we had to respond today to events in [both] North Korea and the Taiwan Strait," one U.S. admiral told NEWSWEEK, "we couldn't do it." >> newsweek.com

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