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To: Richnorth who wrote (5318)1/6/1998 2:08:00 PM
From: Bucky Katt  Read Replies (3) | Respond to of 116762
 
RN--What is shocking to me is the spin out of Washington about the new "budget surplus" we are supposed to have coming.
I guess our political class would like us to forget the 5.5 TRILLION DOLLAR debt the US is adding to every day. ($$650) $$million every day!!
Nothing logical makes sense anymore.
brillig.com



To: Richnorth who wrote (5318)1/6/1998 2:53:00 PM
From: goldsnow  Respond to of 116762
 
RN "Asia is definitely a buy!"

Surely any contrarian investor would want to be interested in "blood
running on the streets of Asia"
I break it down to 3 scenarios

I. Asia recovers exploding demand in bitten-down commodities, such as copper (Asarco, Norranda's of the world jump along
"Golden house has a Copper roof"

II. Japan slides further. God helps people on Korean/Thailand band-wagon. But that like 87 crush-still o'key long-term, so they default
new-beginning (tell that people ruined in 87

III. Crisis spreads to USA-no place to hide or bear market

How Gold will do ? My take: bottom is achieved IMO-only time-horizon is an issue- ECU favorable short horizon, unfavorable-would have to wait for more bankrupcies/consolidations
benefitting strong juniors.