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

To: PaulM who wrote (3955)	12/7/1997 11:37:00 PM
From: Ron Wilkinson	Respond to of 116818

Paul, I bet their first option is to sell them straight to the U.S. Gov. They can't sell them on the open market without taking a terrible beating with the amount they will probably have to unload. Almost makes more sense to loan them the money they need than go thru a bond redemption. My guess anyway. Ron

To: PaulM who wrote (3955)	12/7/1997 11:43:00 PM
From: Jim Ilchyshn	Read Replies (1) \| Respond to of 116818

Gold commentary ... The choice between U.S. currency and gold. Why the governments have to make gold look unattractive. the-privateer.com My opinions - A lot of bargains in the junior golds as year end tax selling is down to a trickle. Most people want to be ready to buy in the New Year. I think we will see a move this week as the VSE was up for a change on Friday and stocks should predict a future move in gold. Hoping for a breakout in silver. Also James Dines target for the Nikkei was 7000. Long way to go yet. Good luck, Jim.

To: PaulM who wrote (3955)	12/7/1997 11:48:00 PM
From: philv	Read Replies (1) \| Respond to of 116818

Paul: You have it right. Result for the Dow is down as well. Also pressure on the US dollar. That arcticle seemed so backwards at first, the debtor threatening the lender. But there is more to it, and much more to come should this actually occur. I can imagine some pretty high level discussions between US and Japan. A massive repatriation by the Japanese could result in major problems for currencies, markets, interest rates etc. And in the end, Japan would also pay a very high price as US is one of the most important export markets for them. If they do decide to sell some US treasury bonds, the amount will probably be small, and they will sell over a period of time to keep the markets calm. But, this could be the beginning of problems for the great US dollar. Phil