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Gold/Mining/Energy : Gold Price Monitor

GDXJ 96.88

+0.9%

Nov 18 4:00 PM EST

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To: ahhaha who wrote (13279)	6/17/1998 11:01:00 AM
From: Ahda	Read Replies (2) of 116762

biz.yahoo.com Japan, US intervened as time was right -MOF source TOKYO, June 17 (Reuters) - Japan and the United States conducted joint intervention in the foreign exchange market because the time was right, a Ministry of Finance (MOF) source said on Wednesday. What have we done. We have bought their dollars to buoy them up. We have those dollars to buy more from them? I am confused if they have all that money sitting htere they can help to use it in the imf to hold up russia. What about the bank debt that has been written off as bad debt so we have helped our economy by saving perhaps our steel industry now working at cost. Was this to stop the sale of the the US bonds by Japan. Now what?

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