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Gold/Mining/Energy : Hecla Mining(HL)

HL 17.13

+1.8%

12:32 PM EST

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To: Roebear who wrote (119)	11/12/1997 6:42:00 AM
From: Bobby Yellin	Read Replies (1) of 629

it is a lot to digest..I have said this before..the Japanese I think chose the wrong avenue(I am talking overmy head at this point..what else is new :_)....anyways I don't even think the government tried to stimulate their internal economy with the low interest rates.. they tried to lower the yen so they could export export export.. but so much of the money went into buying US bonds to have that no brainer spread..and then they even added a tax...what would have happened if they had those low interest rates but charged very high tax rates on people who bought US paper to make it a no no brainer? that image of a snake eating its own tail...if one just invests in something that is not productive..eventually it has to implode..but if that cheap investment money was spent in developing products...what a difference a yen would make...I have no idea if any Japanese live on fixed income based on interest rates...boy.. that would spell poverty...also read that they have changed so many laws that the little businesses that give inviduals there good incomes have now prevented a lot of the little businesses from generating enough income.. right now...I am so bullish on the US market..I am shocking my friends ..I think when recession comes...that will be the end of this bull market..right now..it looks like it is setting up for a huge rally.. usually precious metals start performing in the last year or so of a long bull market.. will reread the post a few more times.. thanks so much for posting these provocative posts.. bobby the dogwalker(they want to go out again..eeks)

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