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

To: Abner Hosmer who wrote (5193)	1/4/1998 6:36:00 AM
From: Bobby Yellin	Read Replies (1) \| Respond to of 116759

re: Japanese --somehow I think with their politicies they wanted the yen to be cheaper whatever they said, hoping that exports revived their economy..but they didn't take into consideration the even cheaper prices from China,etc. I thought it was bizarre when they raised personal taxes...self destruction plus..somebody very wise said that the US has been importing inflation to the Asian nations for a very long time.. and now look what has happened.. Joseph Carson thinks that the Asian "pothole" will have greatest repercussions in first half of year(he wasn't quoted as saying it would also help cloud diminished earnings of multinationals which probably would have happened anyways..just guessing) He says that the lower interest rates here will more than offset the Asian crash and strong inflows of money should sharply back up rates in the end..he partially used history as his guide..he said after major crashes ..stronger growth followed twelve months out because of lower interest rates...that is why probably some are becoming bullish on commodities in the second half..the beat goes on. bobby