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Gold/Mining/Energy : Gold Price Monitor

GDXJ 114.21

-0.4%

4:00 PM EST

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To: Gary who wrote (6086)	1/16/1998 12:58:00 PM
From: Bobby Yellin	Read Replies (2) of 116815

wonder if PEI will change forecast if Japanese market keeps on going and Asians adopt their own currency..not at all pegged to dollar.. wonder if they are going to start complaining would be quite funny if there were to open their markets and at the same time tell the Asian community to boycott US made goods.. hopefully we will not have to wait as long for gold to start really moving..not because of inflation because of a concerted effort to dethrone the mighty dollar..now is the time with European corporations beginning to do what US corps had done and thus money flowing there and further east...curious to see what happens to the long bond.. since hot money may start flowing overseas at a faster pace. heard that oil prices have doubled in Korea now and there is a great deal of pain.. obviously USA is either losing power in middle east with the "bully" having no repercussions or else USA wants to keep oil low at all costs..

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