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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: Bobby Yellin who wrote (10611)4/25/1998 3:27:00 PM
From: Alan Whirlwind  Read Replies (1) of 116764
 
Bobby, because Japan's government does not promote inflation or run wild deficits like ours, it does not compete with private business for borrowed capital. thus interest rates are low. If our government had no debt, no deficit, and the present low inflation I can't see how interest rates would be above 2%. --Alan
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