Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Lucretius who wrote (40621)	9/22/1999 7:43:00 AM
From: Rarebird	Read Replies (2) \| Respond to of 116768

It's now official: Japan is not playing vassal to the interests of the US stock market any longer: TOKYO, Sept 22 (Reuters) - Japanese share prices took a tumble on Wednesday, weighing on other Asian markets, after the Bank of Japan's surprise decision to spurn calls for a monetary easing triggered a sharp rise in the yen. Major stock markets in the region lost ground, dragged down by yen-related jitters and a two percent tumble in Wall Street shares overnight. Tokyo's benchmark Nikkei average of 225 shares slid more than three percent in the morning, led by global manufacturers like Canon, Honda and Fujitsu amid worries the yen's rally would erode the yen value of their overseas income. "The market is definitely wary of a strong yen and we don't see it weakening for a while yet," said Ryoji Musha, chief strategist at Deutsche Securities in Tokyo. The yen resumed its upward climb after the Bank of Japan's Policy Board defied expectations on Tuesday and said it would leave monetary policy unchanged, denting hopes of joint U.S.-Japan intervention to weaken the yen. By Wednesday midday in Tokyo the dollar was around 104.90 yen after briefly sliding to a an overnight low of 103.83 in New York trade and compared with 107 yen just before the BOJ policy announcement on Tuesday. The Nikkei ended Wednesday's morning session at 17,369.78, down 563.01 points or 3.14 percent from Tuesday's close but above the early Wednesday low just under 17,250. marketwatch.newsalert.com

To: Lucretius who wrote (40621)	9/22/1999 7:50:00 AM
From: Bobby Yellin	Read Replies (1) \| Respond to of 116768

what is your time frame..for the eight percent long bond? and the dow projection please find the time at some time to put in commentary I am certain you have excellent reasons..and I would sincerely like to hear them- also your gold and oil projections thanks Bobby

To: Lucretius who wrote (40621)	9/22/1999 5:14:00 PM
From: Zardoz	Read Replies (2) \| Respond to of 116768

Hutch: new lows in Oct? I don't remember Sept being part of OCT. But in your quixotry world where you believe the Yen will reach 80-75, US 30yr 8% and the Dow 6000; anything would be possible. The rise in the POG can be attributed directly to the currency flux. Eight times or a hundred times over subscribe means little unless a large number of those over subscriptions occurred above the market spot price. It's just one small spike in a larger down trend. And although may be trending higher, still has much more chances to collapse lower. Today the XAU signaled a highly over bought condition, and barely ended higher. Those whom believe that a new trend has started should take more time to study gold as a currency. members.home.net quote.yahoo.com quixotry: romantic and absurd ideas; impracticable schemes or actions. Hutch.

To: Lucretius who wrote (40621)	9/22/1999 7:45:00 PM
From: IngotWeTrust	Read Replies (1) \| Respond to of 116768

Can't resist Lucretius Taurus adding my two cents: yen will go to over 300 to the dollar in the coming months the long bond will shoot north of 21% in the coming months the DOW will sink back to 900 or less in the coming months gasoline and food ration books again. socialized medicine and lousy medicine at that... the price of gold will become two tiered here stateside: gov't fix at $42.2 & the blackmarket which will see mucho north of 10x gov't "fix" Federal Reserve bankrupted Elections cancelled, Martial Law installed, and FEMA running America And that is just in America. O/49r oregontrail.net