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Gold/Mining/Energy : Gold Price Monitor
GDXJ 143.68-4.5%Jan 29 4:00 PM EST
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To: Henry Volquardsen who wrote (13330)6/17/1998 2:40:00 PM
From: paul ross  Read Replies (1) of 116936
 
Hi Henry-

A couple of questions-
"...central banks will likely sterilize impact
on their money markets...". How is this done, a CB to CB transaction?

"...depreciate the Yen..." By increasing the money supply? Others have speculated that this would have the effect of increasing the Yen's value as the Japanese economy kicks in.

Also, wonder what Japan's part of the deal is. Will this be looked upon as the US doing Japan a favor?

PR
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