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Gold/Mining/Energy : Gold Price Monitor

GDXJ 105.34

+5.2%

Nov 26 4:00 PM EST

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To: Mike M2 who wrote (14042)	7/2/1998 1:29:00 AM
From: PaulM	Read Replies (1) of 116768

Big Rally in Japanese Stocks these Past Days. Here's Why. Japan's "Bridge Bank" Plan "it makes sense to use public funds" biz.yahoo.com Cutting through the usual..., the idea here is to shift some losses from borrowers and/or lenders to the public, where it will at least be spread out and more tolerable. This how govts will always handle deflation. IMO, this is a suckers rally. Because the size of the losses--or capital missallocation if you prefer--is more than any fund or public can handle.

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