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

To: bobby beara who wrote (7643)	2/17/1998 11:58:00 PM
From: Gabriela Neri	Read Replies (2) \| Respond to of 116759

Yen goes up , gold goes up. Yen goes down, gold goes down. Why could this be. Could it be that the central bank hacks dont want the Japanese to feel they are ever better off in gold relative to their currency,(unlike other southeast nations investing public, who have been better off in gold rather than their own currencies), because then the Japs would realize that they should sell all their treasury bond holdings and buy gold. Now, of course, that wont work for the central bank and political hacks who dont want to see that type of asset allocation take place for fear of losing their jobs . Now, this is just a passing comment without backup research, but I sense that there is something to this yen gold relationship. You could trade gold currently by buying oselling off the Jap yen contract without looking at the gold contract.