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Gold/Mining/Energy : Gold Price Monitor
GDXJ 101.44+3.5%Nov 12 4:00 PM EST

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To: Abner Hosmer who wrote (8715)3/23/1998 9:50:00 PM
From: PaulM  Read Replies (2) of 116756
 
2nd Variation: Bond Market Prophecies Doom for Japan.....

biz.yahoo.com

Thomas, a very nice article again suggesting there isn't always an acceptable solution. "Fiscal stimulation" is no magic bullet.

What would happen if Japanese interest rates went high enough to divert capital from U.S. Treasuries? To Japan and the U.S.? "Put a towel over your head. That would be frightening"
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