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Pastimes : The Naked Truth - Big Kahuna a Myth

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To: pater tenebrarum who wrote (62814)9/17/1999 7:40:00 PM
From: Lucretius  Read Replies (2) of 86076
 
like today for instance -g-

i'd really like to see gold get slaughtered and pushed thru 250 on mon to really get max pessimism in on it before it rebounds and crashes up.... what would be perfect is if the Japanese buy the gold...

"Why shouldn't Japan buy up gold from the International Monetary Fund by using the excess dollars it owns?"--Ichizo Ohara, senior ruling party member and unofficial adviser to Prime Minister Keizo Obuchi. Mr. Ohara advocates that Japan should use its foreign reserves to buy gold from the IMF, while stressing that this is "only his personal opinion" and that Japan is not currently discussing the issue with the IMF. Meanwhile, the Nihon Keizai Shimbun newspaper is reporting in Saturday's (September 21, 1999) edition that the Bank of Japan is considering ways to ease monetary policy further, in order to discourage the yen from continuing to rise.
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