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Gold/Mining/Energy : Caussa Capital (formerly Antares) T.CAU

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To: bill718 who wrote (1778)12/9/1997 8:42:00 PM
From: cruncher  Read Replies (1) of 4718
 
Wayne: Everybody has a opinion on gold and here is mine for what it is worth.

This past spring the Japanese (Im believe) finance minister said that the Japanese could always sell their Us tresuries and buy gold. Even though he recinded the statment later he still utter the words. I believe that when they see no longer any profit in bonds they will dump and that alone will weaken the US dollar which will drive people back into gold. The lower gold goes and the higher the bonds go the more profit they will reap. By the time people realize what is going on the shorters of gold will suffer. If the Hunt brothers can drive silver to where they did, I just wonder the proceeds from those US bonds could do.

Nobody really knows

cruncher
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