SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Bema(Bgo) and Arizona Star

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Terry Swift who wrote (8581)11/26/1997 7:48:00 AM
From: Ken Benes  Read Replies (2) of 10482
 
Terry:

There is an excellent article in the Wall St Journal today indicating that it is far from certain that the Japanese will sell their holdings of bonds. The main reason sited was that they have been Japan's largest successful investment and the relatively high yields provided by the bonds is continuing to be very attractive.
A fall in the dollar and a concommittant rise in the gold price may not be a beneficial hoped for event. Should BGO benefit from this scenario, the gains made may not reach old highs, and the coinciding economic impact would render those gains moot. Better the world limits along with the manipulations of the central banks, than an outright collapse of the worlds financial system, that would hurt everyone.

Ken
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext