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Gold/Mining/Energy : Gold Price Monitor
GDXJ 96.06-1.4%Nov 17 4:00 PM EST

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To: Alex who wrote (25788)1/10/1999 5:19:00 PM
From: PaulM  Read Replies (1) of 116762
 
Speaking of Brazilian Default, here's one about Chinese Default

biz.yahoo.com

P.S. Notice the anti-western overtones and careless view of credit ratings and foreign capital flows. "Americans don't care about such things, Thais don't care about such things..." .

I think the Chinese will now take every opportunity to put Western--particularly American creditors--at the back of the line. Just to spite us. They will also likely buy gold, for the same reason. This is one country unlikely care about IMF aid, or IMF guidelines.
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