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Gold/Mining/Energy : GOLD-XAU

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To: Abner Hosmer who wrote (1004)1/3/1998 3:54:00 PM
From: Don Green  Read Replies (1) of 1756
 
Where is it?

In the Postal savings, in Citicorp, Chase Mahattan and in MANY other foreign banks in Japan, and in many other Japanese banks that AREN't insolvent.. and under their floor mats....

>isn't there a substantial risk that an increasing number of Japanese financial institutions are going to be unable to meet their current obligations?

Yes, but not as bad as is being reported in the press. If the Nikkei drops below 10,000 things may change...

Don
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