Gold Price Monitor Message Board

STOCKTALK

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 : Gold Price Monitor

GDXJ 121.93

+0.8%

Jan 9 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: PaulM who wrote (4776)	12/25/1997 9:20:00 AM
From: Bobby Yellin	Read Replies (1) of 116845

I have been searching the net to find the what the Japanese really own in US treasuries. Your post said they sold both notes and bonds. Bonds are long term. I am afraid that after this latest collapse there is going to be growing more and more anti-American sentiment..the US might start being called the Robber Barons of the approaching millennium. If more and more financial companies start buying out companies at fire sale prices, more and more resentment might grow. Also the more foreign mergers, the more job loss here. Steven Lieb(sp) is saying that the dollar is a key indicator to inflation currently. If it starts sliding, it will create inflationary forces here. Lightbulb..I guess many investors were aware of this and were not necessarily just viewing the dollar as a safehaven instead of gold..but were just looking at gold traditionally as an inflation play so as long as the dollar is strong, "the government reports of inflation" will be benign.. Lieb(sp) also is bullish on oil drillers..he said they are operating on 98 percent capacity..

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next