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Gold/Mining/Energy : Gold Price Monitor
GDXJ 96.90+0.9%Nov 18 4:00 PM EST

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To: IngotWeTrust who wrote (9251)4/3/1998 3:36:00 PM
From: Alex  Read Replies (1) of 116762
 
On a longer-term basis, however, a softer outlook for Japan's ratings and economy may present difficulties for U.S. Treasuries, some traders said.

It could spur Japan to create a stimulus package with teeth, something possibly funded in part by liquidation of Treasuries. And it might pressure the Federal Reserve to refrain from raising rates, potentially worsening the inflation outlook.

''I would suspect that at some point, you're going to have some probably inflationary situation where you try to re-ignite the world economies,'' Graham said.

biz.yahoo.com
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