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Gold/Mining/Energy : Gold Price Monitor

GDXJ 128.04

+0.7%

4:00 PM EST

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To: Zardoz who wrote (18191)	9/9/1998 7:13:00 AM
From: Bobby Yellin	Read Replies (1) of 116859

I do appreciate your returning to the thread. I am learning a great deal from your posts. Last night I listened to two opposing economists comment on Greenspan's potentially lowering interest rates..one was positive and the other was negative.. The negative view was that it was further going to hurt Japan and continue the deflationary spiral. My market historian friend said gold will do just great in deflation.. ps. do you know how dependent Canada is on resource sector? I have read that it is no longer that dependent but can't find the article. Bobby --being forced to look at more charts.. ps. I am curious as to how easy it was for hedge funds to borrow yen at such low rates and now even lower and help create the havoc. I am beginning to think that maybe Japan also likes negative attention..I think there was a Roman called the delayer..who might have won the war by his delaying tactics..will see if I can remember..

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