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Pastimes : Ask Mohan about the Market

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To: Tommaso who wrote (8734)11/20/1997 8:18:00 PM
From: Mike M2  Read Replies (3) of 18056
 
Tommaso, I posted this link before and it went over like a lead balloon but I think it is very interesting. gold-eagle.com The author makes the case that Japan should dump treasuries and buy gold. Yes selling treasuries would depress prices but so would printing money. M3 grew at a 12 % annual rate last Q and was growing at a 9% rate the last 12 mos. Richard Russell of Dow theory Letters had some interesting comments in Barrons a while back. I'll post the date later Mike
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