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Strategies & Market Trends : A.I.M Users Group Bulletin Board

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To: Bruce A. Bowman who wrote (3779)1/9/1998 7:36:00 AM
From: OldAIMGuy  Read Replies (1) of 18928
 
Hi Bruce, Who knows how far down Gold will fall. Maybe if it gets cheap enough, Al Greenspan will decide that we should go back to it as our monetary stanedard!!! Some of those SE Asian currencies could have done better with Au as their base!!

They whacked away at the Hong Kong market again overnight as well as several other countries in the region. I guess with the increase in the value of the dollar relative to their currencies over there, we can expect alot fewer Asian tourists in the US this season. Flip side is that it might be the first time in about a decade to visit over there for some tourist fun at a reasonable (?) price. I was in Japan on business back at 240 Y to the $ and at about 145 Y to the $. A 750ml bottle of Johnny Walker Red was $75!!

The whole thing is a bit spooky. I may add some cash to my WEHKX account. It ran dry about a month ago.

Best regards, Tom
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