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Gold/Mining/Energy : Gold Price Monitor
GDXJ 98.59-2.8%Nov 13 4:00 PM EST
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To: Alex who wrote (4959)12/30/1997 8:59:00 PM
From: Terry Rose  Read Replies (3) of 116759
 
Alex. Once again you have provided an excellent post, the 1% daily money rate increase by the Bank Of Japan is a staggering number. I think that this is hyperinflation, and would prompt gold accumulation by the Japanese people and their financial institutions. Can this be confirmed? One other question. How can the Japanese central bank create yen at this rate and at the same time prevent further devaluation of the yen vs. other world currencies? Help anyone.
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