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Gold/Mining/Energy : Gold Price Monitor
GDXJ 106.70-0.3%Dec 5 4:00 PM EST
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To: ahhaha who wrote (12875)6/11/1998 1:53:00 AM
From: paul ross  Read Replies (1) of 116796
 
<<Japan has failed to provide enough money to represent the amount of goods that they have produced relative to other country's prices to make the eqivalent of those goods>>

If this is so, wouldn't this be one argument for a HIGHER Yen.
My understanding was that the BOJ had the presses running at a record pace since the early part of the year. I recall stories that they were increasing the money supply at something like 5% per week for a period of time.

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