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

To: Ahda who wrote (39410)	8/22/1999 10:22:00 PM
From: d:oug	Read Replies (2) \| Respond to of 116898

Darleen, along the path of your thoughts in viewing each nation having an effect on all the others, the debt of each nation might be a good focus to identify problems. You touched on this in one of your prior posts. <<An asset has to have a world value in order to be a true asset. Currencies are valued on numerous figures. Part of the evaluation in our currency it he stability of the market which in my mind indicates the condition of our economy. Japans debts are still due to their banks at certain intervals. Japan's corporate world in my opinion has used this to their advantage . By changing their system to ours perhaps the ability for Japan to service debt has also increased due to debt being an asset on books.>> Spoken today was mentioned that not enough physical gold is available to cover paper gold, and if a panic happens elsewhere and gold is viewed as best "money", then chaos will happen. doug