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Gold/Mining/Energy : Gold Price Monitor

GDXJ 97.81

+0.9%

Nov 19 4:00 PM EST

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To: Gary H who wrote (4848)	12/28/1997 2:14:00 PM
From: Bobby Yellin	Read Replies (2) of 116762

that would be a neat way to strengthen the yen. Their citizens are in a lot better shape than our citizens in terms of savings and lack of debt. Can you imagine if the government tells citizens to start buying gold to be patriotic..wow..wouldn't that cause equal footing to start..then I guess that could pull the plug on financial assets and possibly then if they start printing money like nobody's business, all the debt would be reduced since it would be in old yen. Then the yen would strengthen mightily while the Europeans are still fuddling around with creating a common currency and the mighty safe haven of US treasuries would do a flipflop and in the process they could buy a lot of the factories from Korea etc and find a way to support their aging population and their workforce..I might be abusing logic.

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