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Gold/Mining/Energy : Gold and Silver Mining Stocks

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To: Claude Cormier who wrote (2974)2/6/2002 8:39:32 PM
From: russet  Read Replies (1) of 4051
 
You might want to keep an eye on Japan,...their current stock market crash could be forcing them to finally clean up their bank problem by supporting them with government money and regulation similar to what the americans did in the savings and loan crisis a decade and a bit ago. That could change the current trend of Japanese gold buying to get out of holding their currency, which may have been the key factor in instigating and supporting this latest gold rally.

The world fiat currencies seem to be able to handle the shock of any one crisis, but when a few hit at the same time, it's clear a lot of people still run to good old gold (ggggggggg)
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