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Gold/Mining/Energy : Gold Price Monitor

GDXJ 96.04

-1.4%

Nov 17 4:00 PM EST

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To: Alex who wrote (21254)	10/9/1998 10:57:00 AM
From: Bucky Katt	Read Replies (2) of 116762

Alex--Japanese business closed out their fiscal year 30 Sept. The thinking is that a lot of co's will be forced into b/k, thus putting more pressure on Japanese banks, as these co's are finally liquidated (maybe) This whole yen-dollar thing is so obvious it shows how desperate the situation is. Japanese firms start reporting end of Oct, thru first week of Nov. If big Japanese banks start falling, they will also dump T-bills, and drag are markets down with them. I just don't see a way out this time. Something else to think about for the future>>http://www.brillig.com/debt_clock/ There are 2 things that never rest--rust and compound interest

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