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Gold/Mining/Energy : Franco-Nevada (FN - TSE) - zero debt, cash rich royalty co. -- Ignore unavailable to you. Want to Upgrade?


To: ddcox1 who wrote (339)8/15/2000 5:40:47 PM
From: Traveling Man  Read Replies (1) | Respond to of 511
 
David,

I'm the wrong guy to query on these questions. I read the stuff,but for the life of me I don't fully understand what's happening. The answer is NO,a falling Yen will not weaken the dollar due to Japanese moves to repatriate dollars away from America.

The answer is based on PEI logic,not mine. You can hook up with them to get e-mail updates for free and then make your own calls on their accuracy. There is so much more going on out there with international cash flows and fortunately for us in America, the river runs downhill for a while longer.

The US dollar is the default currency on earth and everyone else has more serious problems. IF the yen collapses,according to PEI,trillions would flow into the greenback,regardless of the Japan government's moves. The people of Japan would fly their cash out quicker than Grant took Richmond,so says PEI.'

TM