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Gold/Mining/Energy : Gold Price Monitor

GDXJ 96.88

+0.9%

4:00 PM EST

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To: bobby beara who wrote (10200)	4/19/1998 8:47:00 PM
From: Lucretius	Read Replies (2) of 116762

Bobby, Check out the MBK and Japan threads: We've been discussing Japan bottoming for the past 2 months. MBK (IMO) is an excellent way to play the turnaround. Was the largest bank in the world till Citi and Trav merged. It is dirt cheap. Kinda reminds me of CTI back in '91 when it was $9. W/ people hanging themselves, putting bullets in their heads, talking of a 1920 style depression and the general negative sentiment surrounding Japan, I think you are seeing a classic bottom. Plus, it gets you out of this bloated US mkt. When the dollar falls, you can bet that the Yen will soar. How anyone can think a country w/ no debt and the largest foreign reserves in the world is going under is beyond me. reminds me of the exact opposite of the euphoria in this country. -Lucretius

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