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Gold/Mining/Energy : Day trading in Canada

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To: JAS who wrote (739)10/8/1998 1:07:00 PM
From: the Chief  Read Replies (2) of 4467
 
Here's the rumours I am hearing.................................

The "mericans" want to "share the pain" as stated earlier...unless it really is painful!! Word is they intend on buying US Dollars to push up the dollar against the yen. It also maybe a threat/shakeout for the currency traders! the other word is that the Japanese just don't intned on recalling US dollar accounts but also Canuck $ accounts as well....result Canuck $ down. Canuck $ is also down because if the US strengthens we won't go with it!

If the Yen weakens against the US dollar than the Japanese will have to pay more for gold.....gold drops!!!

My brain can't handle this! So I have turned to alcohol for the afternoon...no trading for me, until I can figure out what side of the fence to be on!!!

Comments??

the Chief
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