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To: sun-tzu who wrote (139017)	12/17/2001 4:52:35 PM
From: yard_man	Read Replies (1) \| Respond to of 436258

>>ah, i have...which further supports this deal as plausible. do you think that japan wants their huge US bond portfolio to tank<< If all I had to do to keep my favorite assets from tanking was "buy more" -- gold would be at 1000/oz by now -- that's pretty circular BS, IMO

To: sun-tzu who wrote (139017)	12/17/2001 4:54:02 PM
From: NOW	Read Replies (2) \| Respond to of 436258

if you thought others might pull the trigger first, I think you would gladly sell...

To: sun-tzu who wrote (139017)	12/18/2001 1:46:45 AM
From: GraceZ	Read Replies (2) \| Respond to of 436258

do you think that japan wants their huge US bond portfolio to tank? You actually think they have a choice? The Yen continues to sink against the dollar, yet if you look at the dollar next to a lot of other major currencies which I did just tonight, you see a topping pattern. The dollar had better get it up soon or its in a down channel. All you need for gold to rise is for the dollar to fall some more. The dollar index rally above 115 was weak, if it drops through 114, look out below. When the dollar falls it makes what the world's largest economy imports more expensive and that sir, is inflationary. Remember what happened here in the US the last time we had inflation and a recession at the same time? But of course, those guys at the FED, they're smart guys, right? They won't let the dollar fall, they'll raise rates (kills any recovery) or they'll pump more money in (goes directly to prices), or buy dollars (if you have to prop up your currency than the jig is up)or sumpthing....which will it be? The only thing I can guarantee is that what ever they do, it will be wrong. The FED should have been the hell out of the market six months ago, but no, we have cut 12 coming up and record air drops every week. All the while corporations are staring down a vortex of disappearing profitability with no recovery in sight. And while no one has pricing power somehow expenses are rising and while unemployment rises unions are demanding and getting higher wages! Right now gold is about the only thing on the planet that isn't over-valued.