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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: goldsnow who wrote (3811)	12/4/1997 3:23:00 PM
From: Bobby Yellin	Respond to of 116861

I think a lot of us saw how the US market can free fall when corporate earnings are not bad yet...what happens when corporate profits are bad..at this point I think nothing matters..the central bankers can print and buy each other's paper..and then buy each other's paper and print and then print and buy each other's paper...(wall street managers I guess have to go with the trend or they won't have jobs.. the times are strange...) I think you are totally correct...is doesn't have much to do with fundamentals but where the next game in town is... the next game I guess will be Japan...definitely not an emerging market category?.... people are always so certain until trends change... pooooor gold...poooor us...I realized I liked gold because I thought it was't speculative...at least they could make gold jewelry a lot cheaper so some of us gold lovers could at least benefit in another way.. derivatives upon derivatives upon derivatives...now derivatives on mutual funds...what will history say.. (ps who is going to afford to buy US goods?..I guess wallstreeters?) ( I read the I Ching a great deal and the philosophy is based on nature..when things go to their excess they change into their opposite..) bobby

To: goldsnow who wrote (3811)	12/4/1997 3:44:00 PM
From: Bobby Yellin	Read Replies (1) \| Respond to of 116861

ps..I forgot what the historic gold/silver ratio is but I think it is getting resolved on the other side.. ugh couldnt this be also bullish for silver since less mining..and no central bankers to say they are going to dump it.. (ps)I think the deep pocketed gold investors will not sell..but possibly buy into the fire sale..I think they know this balancing act can't go on for ad infinitum...maybe they are helping to set a trap for the central bankers...who inventually might start running scared when nobody is left to bailout their countries.. ps..can't the imf bonds compete with the US treasuries? bobby

To: goldsnow who wrote (3811)	12/4/1997 5:18:00 PM
From: Richnorth	Respond to of 116861

I agree that we will soon be seeing 140 yen to the dollar. I think it is time to invest in the Japanese market when the Nikkei goes down to about 14000. But where will gold be then? I suppose no one will be interested anymore as there are so many other worthwhile investments, eh?