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Gold/Mining/Energy : Gold Price Monitor

GDXJ 98.59

-2.8%

Nov 13 4:00 PM EST

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To: Hawkmoon who wrote (43216)	10/17/1999 10:14:00 PM
From: goldsnow	Read Replies (1) of 116759

<<<What is riskier? Investing in Japan where they are running a per capita budget deficit larger than the US AND are CURRENTLY in a major liquidity trap that can only be resolved by MASSIVE DEVALUATION of the Yen (printing money) to shock it out of its lethargy??>>>> Ron are we talking about the same subject? It appears that you are defending the argument that at some point foreign investors will come back to USA, but who propagated this to start with....Of course, so they will return to Japan, Asia even Russia... I thought the argument was at what point...7%, 9? 10%? Partly it depends on willingness to stay in cash..(bear market) How long that would last? How deeply DOW will plunge? All depends on the answers to 7%? 10%? No one knows, Ron, that is a beauty....And uncertainty is that what counts...We can agree on that, right?

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