At a bottom now for gold? Message Board

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Gold/Mining/Energy : At a bottom now for gold?

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To: tshane who wrote (500)	6/1/1997 6:59:00 AM
From: Bobby Yellin	of 1911

The Japanese had a great incentive for buying our bonds..with the no brainer spread...the tide is changing..sounds like Japanese rates will start moving up..and with the dollar moving down now..I wonder how much and how rapidly the Japanese are withdrawing their money.. I guess some people can probably figure that out by dollar selling and yen buying or something like that.. I am curious about Hong Kong real estate and what happens if the interest rates rise...will that hurt Hong Kong? ...or with those million millionaires in mainland China bolster the demand? How can the pegged currency work if one place has inflation and the other doesn't? I was only half joking about Hong Kong dollar relationship to the US Dollar.. Time will tell

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