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Gold/Mining/Energy : Gold Price Monitor
GDXJ 128.04+0.7%Jan 16 4:00 PM EST
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To: Enigma who wrote (20968)10/7/1998 11:13:00 AM
From: Dwight Taylor  Read Replies (2) of 116871
 
I believe Congress did approve this latest round of IMF funding. I believe they will continue to do so. Look, IMF funding has produced at least six years of relative stability in Russia. Funding of the cold war was certainly more expensive. I don't believe we will see a worldwide collapse. What we are seeing is how Japan's huge credit expansion policies and intense industrial production has turned against them, hence our albatross. This depression in Japan was predicted years ago.
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