Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Abner Hosmer who wrote (6653)	1/24/1998 12:39:00 AM
From: PaulM	Read Replies (1) \| Respond to of 116759

Thomas, nice post. Was there any doubt? March 31 is I believe when the Japanese review whether the banks, financial institutions and life ins. co.'s satisfy capital requirments. So it makes sense that we're seeing the Nikkei buck the Asian trend as of late, because it's now in these institutions interest prop up their own overvalued capital base to avoid "the unthinkable." The only other alternative is to change the rules, which the Japanese may be in the process of also doing. Anyhow, many of these instutions are bankrupt already, if not legally. So I remain convinced that ultimately all that treasury money, every penny of it, will have to be repatriated. A bankrupt has little choice as to which assets to liquidate.