SI
SI
discoversearch

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 108.29-0.9%4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Richnorth who wrote (5937)1/15/1998 2:46:00 AM
From: Jim Ilchyshn  Read Replies (1) of 116790
 
Geez, go to a hockey game and you have to stay up until midnight to catch up!
Some comments...
To George Cole on Nikkei going to 20,000 before gold hits $350 - James Dines sees the Nikkei hitting 7,000. With all the bankruptcies in the banking sector, does this mean gold will hit $200. (By the way, did anyone catch the guy with a gun in the Tokyo stock exchange wanting to see the finance minister? Japan is like the U.S. in '29)
On Canadian health care - Ron, you are quite the flag waving yank. The bottom line is we all pay in the end. U.S. procedures are more costly in the U.S. but by having our Canadian government administer it we can probably get the cost up to beat your price. As for waiting lines, I have a rare liver disease and have been in one of the finest hospitals in the world dozens of times over the last 15 years. Service has always been first class. Yes I have stayed in a Phoenix hospital for a week also. Great service, but I nearly flipped when I saw what they charged for room service! That was 10 years ago and I don't think charges have gone down.

- Have some interesting newsletters on the Asian crisis. One suggests that it basically started with the takeover of HK by China. Seemingly uneventful the article suggests that Hong Kong being the largest financial center was dictated to by China the it could no longer lend to China's enemies (Taiwan). This removal of liquidity started the domino effect in the currencies.
Another newsletter suggests that since the U.S. has roadblocked China's approval stamp for most favoured trading nation status that China will one day unload their surplus of U.S. treasuries (currently around 100 billion) thus sinking all U.S finacial instruments.

- on Canadian debt... Yes, we are one of the most indepted nations in the industrialized world, but is the U.S. really that far behind???
The only thing keeping any fiat currency afloat is the PERCEPTION that debt can be paid back. So we are on the end of the Titanic that goes down first... is your end far behind?
Have a good night!
- Jim.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext