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Gold/Mining/Energy : Gold Price Monitor
GDXJ 117.61+3.0%Dec 19 4:00 PM EST

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To: lorne who wrote (3938)12/7/1997 8:45:00 PM
From: marcos  Read Replies (2) of 116815
 
"Dec.7/97, Japan
Yamasaki hints at use of foreign currency reservesYomiuri Shimbun"


........ a memorable date ....... -g-

Another (americano) point of view;
biz.yahoo.com

"''It is not a problem for the U.S., it's a problem for Japan, because if they want their money back, then our Treasury will hold interest rates constant, that means we issue the money to pay the Japanese, as we issue the money, the dollar goes down, the yen goes up and Japan will die,'' Dornbusch told Reuters Financial Television.

(my bolding ---- Remember the Alamo....)
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