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To: Alex who wrote (7772)	2/21/1998 3:53:00 PM
From: Broken_Clock	Respond to of 116764

Alex, If 6,000,000 Chinese decide to leave Indonesia, I wonder what they'll take...their 'business' or gold. Indonesia has been doing a 'credible' job of genocide on Timor for a decade. Over 100,000 killed for the crime of not being Muslim. Indonesia is another example of fundamental Muslim uprising which is gaining momentum all across Asia. The article mentions the "political" ramifications, however, the religious one will IMO be far greater. The religion is the fundamental engine driving the political. This is something that the West apparently fails to grasp. Iraq is another prime example. Iran is winning the war with sadam not because of politics, but because of religion. The mid-east is a Sunni/Sheeite battleground. Our current foreign policy has backed the Sunnis.It will be interesting to see where this takes us in the future as the Sunnis continue to give ground to the Sheeites throughout Asia. China and FSR at least recognize the current situation and are trying to play both sides of the fence. This is probably why Sadam doesn't trust FSR. As a quasi-Sunni, he has very few options...as do the leaders in other countries such as Jordan, Egypt and Saudi Arabia. Indonesia could be a spark to set a fire to burn across Asia in a westerly direction. We live in increasingly volatile times. The stock market is like TV. It's a complete escape from reality. I doubt 1 in 10 realize how dependent we are on mid east oil. How long can the US win this game? With Clinton in the White House, my guess is not long, FWIW. PK

To: Alex who wrote (7772)	2/22/1998 12:56:00 AM
From: Abner Hosmer	Read Replies (1) \| Respond to of 116764

Thanks Alex - Lets hope they can accomplish change without violence down there. ZOMBIES IN ASIA: "As Zombies in Asia's financial sector are buried, the supply of credit from Asia will evaporate." webcom.com "...competitive devaluation isn't a risk in Asia; it is the reality!" The upshot; steep declines in industrial commodities prices, slowing global economy, dollar at 135-140 yen in '98 and 150 yen in '99, tumbling oil prices due to declining Asian demand, declining capacity utilization in the US confirms that the Fed has room to ease. More bad news for gold bulls. Tom