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Gold/Mining/Energy : Gold Price Monitor
GDXJ 97.80+0.9%Nov 19 4:00 PM EST
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To: PaulM who wrote (10436)4/22/1998 11:03:00 PM
From: kingfisher  Read Replies (1) of 116764
 
Yes if Mr.Yen wants to destroy Japan, let him sell treasuries with wild abandon.It would be economic suicide.This in my opinion could be the gasoline to fuel a market meltdown.Without exports to the U.S the Japanese would be living like the flintstones.The Americans have been very patient with Japanese trade barriers.Now that the U.S budget deficit has been tamed,they do not need Japan to keep financing their annual deficits.Mighty Japan in 1980's arrogantly expected to crush America financially.How the tide has turned!
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