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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: Ahda who wrote (37663)	7/23/1999 3:50:00 PM
From: Hawkmoon	Read Replies (1) \| Respond to of 116782

Well, it certainly affects the liquidity of the bank that holds the loans. But I'm not sure if you are confusing the assets based in a certain currency and the value of the asset itself. There are obviously many factors at work in determining the value of a currency, particularly the ability of that nation to service its debt. But like in Japan, where so many debts are basically being written off, we see it almost impossible to keep the yen "cheap". It just keeps wanting to get stronger as demand for it goes increases and the available amount of it grows smaller. Regards, Ron