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Gold/Mining/Energy : Gold Price Monitor
GDXJ 128.07+0.7%Jan 16 4:00 PM EST

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To: paul ross who wrote (18044)9/7/1998 10:27:00 PM
From: Terry Rose  Read Replies (2) of 116893
 
paul, Japanese yen is up over 1 yen to the dollar and gold is up 1$. As the yen has oscillated tonight gold has gone with it lockstep. Japanese stock market is up over 2% also. You don't suppose that Greenspan and his Japanese counterpart made some type of agreement Friday.

I liked the post by Old Gold and inflation has been the problem solver for governments in the past. This move is the one that we predicted and now gold will regain its luster.

Terry,
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