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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: philv who wrote (3943)	12/7/1997 10:06:00 PM
From: marcos	Read Replies (1) of 116816

-g- ...... it's like the story of the guy who kept buying a stock that kept going up and one day he told his broker to sell it and his broker asked him; "To whom?" Maybe Japan selling US bonds is like CBs selling gold......they talk about it, but they don't actually do it, much. Phil ..... this is clear thinking re CB POG conspiracies, imho; exchange2000.com "What if they repatriated, then inflated their own economies. One would offset another, and the happy result would be more money in Japan...." (from your post 3945) There's lots of money in Japan, they have a very high savings rate, they have a cultural propensity not to spend, and their tax laws encourage saving and discourage spending. I'm not clear exactly on how, but Don Green on the World Outlook thread would know. ......... salud ............... marcos

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