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Gold/Mining/Energy : Gold Price Monitor

GDXJ 94.04

+0.6%

4:00 PM EST

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To: Bobby Yellin who wrote (7073)	2/1/1998 6:00:00 PM
From: PaulM	Read Replies (1) of 116764

Interesting Bobby. IMO yen will crash against the dollar in the not too distant future. The Yen, the Nikkei and Japanese real estate have taken a drubbing but still have ways to go. The reason I'm invested in gold is that not only the $, but gold will benefit as well . The models which point to $ up= gold down are overly simplistic. When the $ is up because of confidence in the $, that's one thing. When the $ is up because its the lesser of three evils, that's another thing altogether. What are your thoughts?

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