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Gold/Mining/Energy : Gold Price Monitor
GDXJ 96.06-1.4%Nov 17 4:00 PM EST

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To: Abner Hosmer who wrote (5975)1/15/1998 2:14:00 PM
From: The Vet  Read Replies (1) of 116762
 
Tom, no disrepect was intended, and I apologise if my writing infered that. My main point was that on one hand, South Korea was being castigated for accepting easy credit which it turned out they couldn't repay and on the other hand the US was providing more easy credit to the same country providing they bought overpriced US farm produce. (I use the word overpriced advisedly - the landed cost of the farm products sourced from the US is evidently higher than those sourced from Australia or New Zealand which are much closer and have a far more favourable exchange rate). I have a high regard for the US and its citizens but I do sense some "double talk" from the mouths of its political establishment, but no worse than politions in many other countries..
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