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Gold/Mining/Energy : Gold Price Monitor

GDXJ 114.64

+1.2%

Dec 17 4:00 PM EST

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To: fishweed who wrote (3663)	11/30/1997 12:02:00 PM
From: Ron Wilkinson	Read Replies (1) of 116815

Nicolas, when I see things like this it makes me certain that the Japanese do not have a good understanding of what a mess they are in. Whom do you suppose is going to buy this land in any significant quantity when everyone knows that a correction in land valuations is the phenomena that got the banks in the trouble they are in now. How the ministry of finance believes selling into a market that is already deflating will help them is a mystery to me. Regards, Ron

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