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To: pater tenebrarum who wrote (20616)3/28/2000 11:11:00 PM
From: BGR  Read Replies (1) | Respond to of 42523
 
Fiscal policy seems to have failed, true. But monetary policy has not yet been given its due chance. BTW, reversing the course is kind of like encouraging the lung cancer patient to start smoking again since chemotherapy has failed so far. However, a weak Yen will be good for Japan, as well as the US.



To: pater tenebrarum who wrote (20616)3/29/2000 5:53:00 AM
From: re3  Read Replies (1) | Respond to of 42523
 
"This is NOT where we should look at the day to day or hourly to hourly fluctuations, we're in the bottom of the 9th inning in my view, and the risk reward of buying gold-silver-XAU at or marginally below current levels, is about all one can ask for on a risk/reward basis."

gold-eagle.com



To: pater tenebrarum who wrote (20616)3/29/2000 9:24:00 AM
From: Mike M2  Read Replies (2) | Respond to of 42523
 
Heinz, in addition the low interest rates on savings encouraged the Japanese to save even more ( less consumption) to compensate for lower interest rates. Economists seem to overlook the fact that interest earned on accumulated savings is an important source of income for many. Ask a chick from Jersey about savings and she tell you it's a sale at the mall! -g- ho ho ho mike