SI
SI
discoversearch

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.
Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?


To: Frank Pembleton who wrote (4446)11/26/2001 9:24:36 PM
From: Davy Crockett  Respond to of 36161
 
Trouble In The Far East
Steve Forbes, Forbes Magazine, 12.10.01, 12:00 AM ET

Japan: Falling Off The Cliff
Argentina's woes dominate the financial headlines, but an even greater catastrophe is unfolding: Japan. The Japanese government recently announced that Japan's slump is deepening. More ominous, its financial system is on the brink of disaster as its banks, including the large ones, reel from the catastrophically growing volume of nonperforming loans. Japan's life insurance industry is also hemorrhaging. Millions of whole-life policies are guaranteeing returns in excess of what companies can earn on government bonds.

The government's inability to deal with the crisis is frightening. Corruption, plus powerful, autocratic and largely unaccountable government bureaucracies, have stymied a long-needed overhaul of the banking system. More immediate, the Bank of Japan continues its strangulating monetary deflation. That interest rates are near zero demonstrates how few vital signs of economic life are still detectable. Banks aren't lending...


forbes.com

TIC TOC

Regards,
Peter



To: Frank Pembleton who wrote (4446)11/26/2001 9:38:23 PM
From: t4texas  Respond to of 36161
 
yes, nrd looks good

i like nrd for both a long term hold as well as a good trading stock for the next year or two. i started to take a position in nrd a few weeks ago, but did not because it had so many metals in its portfolio. i wanted to look into the other metals and natural resource markets that nrd serves. it appears (to me at least) that these commodity metals stocks in a bull market for metals (that i think we are getting into) will give many opportunities for taking profits and buying them again on pullbacks (just like the osx, xoi,and xng stocks when they are in a bull move). i am looking to buy some nrd. i don't know whether i will rush out tomorrow and do it, but sometime soon i will.



To: Frank Pembleton who wrote (4446)11/26/2001 10:09:59 PM
From: Cogito Ergo Sum  Read Replies (1) | Respond to of 36161
 
Hi frank,

I've been watching it too. I'm just busy but it seems to fit my 'relaxing' portfolio. Just that darn gold is giving me grief !

regards
Kastel