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To: Alex who wrote (2528)10/27/1997 1:21:00 PM
From: paul ross  Respond to of 116834
 
When/if liquidity/deflation crises gets severe enough, Asian CB's (Japan,China) will be dumping
US paper. Gold will then become the last flight to safety....Gold chart (Dec 97 Comex futures) has a gap between 321 and 323. The dumping of treasuries
( a la Soros) and gold's rise back to gap level may coincide in weeks ahead.



To: Alex who wrote (2528)10/27/1997 1:24:00 PM
From: long-gone  Read Replies (2) | Respond to of 116834
 
Alex,
I think this one will go to you today.I have a friend who bought TXN about a month ago. My loses are nothing compared to his!
rh


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