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To: Cynic 2005 who wrote (7472)2/11/1998 4:14:00 PM
From: Ahda  Read Replies (1) | Respond to of 116983
 
I agree with your thoughts. Regarding gold my guess is as Asia starts to ease her difficulties you will see more investing in gold. Present closures in Asia might contribute more to our own markets stability as investment is not yet secure there. There is no question in my mind that our bubble will have it's turn .



To: Cynic 2005 who wrote (7472)2/11/1998 4:24:00 PM
From: Bobby Yellin  Read Replies (2) | Respond to of 116983
 
Hi..agree about your overevaluation and corresponds with undervalued
in gold price..
the correction though may happen before April 15 since probably
a lot of investors are thinking that the money will stop flowing
in by that time..
about Asia..I think we haven't seen the effects yet..although I could
easily be wrong since the US is basically now a service oriented
country and not a manufacturing one..but so much liquidity was
vaporized during that crash..
don't think Clinton will be impeached unless the market crashes
before..if market were to crash they will probably blame him..
if,on the other hand, Rubin were to resign..the market would crash..
but somehow don't think that Rubin would resign for almost anything..
he appears to be a very serious person that cares about getting the
job done and doesn't seem to care about money or power..(heard
an anecdote..don't know if it is true..but he doesn't even use
a briefcase..just those folding cardboard containers..)
Don't think USA's possible bombing Iraq would do it either..
Israel retaliating if S.H. does something..could..
I am focusing on exactly what kind of reforms Japan is going to do..
If Japan does more of the same..that could do it..
all of the above are just guesses..(as if I had to add that)
Please find the flaws...
Bobby