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Gold/Mining/Energy : Cartaway resources

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To: John Paquet who wrote (2195)	10/6/1998 1:17:00 AM
From: John Paquet	Read Replies (1) of 2505

Japan got a little boost Nikkei +180 points after addition 10 trillion fiscal stimulus into public demand. This is in addition that 16 trillion yen fiscal expansion by Japan government. Global turmoil could be stop only by each country either by fiscal stimulus or by monetary easing as U.S. just cut interest rate by .25% as a first step. All other G-7 or emerging countries G-15 would have to do the same thing to avoid further crisis this international financing system. All this medicine for this deflation disease proves inflationary in the long run. Gold looks bullish after this run of profit taking. Tommorrow Clinton will address IMF and World Bank to further sell his and Rubin's global finance architecture. Market this time will response positively. Congress full House will vote impeachment proceedings this week.

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