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: Defrocked who wrote (8281)	3/13/1998 10:07:00 AM
From: Michael	Read Replies (1) \| Respond to of 116822

Hi Defrocked, Thanks for the link. Good to see you here. What do you make of these statements. To me it says they expect Japanese Interest Rates to go down which runs counter to what I have been led to expect. My understanding is that on April 1, when Joe Sixpack-San becomes able to invest his money wherever he wants in the world everybody expects him to look at the .7% hes getting on his Yen deposits, compare that with the 6% he can get in US Treasuries and decide to send a whole load of it overseas. To combat this some have been predicting that Japanese rates will rise and US Rates may fall. This possible flight of funds is one of the reasons that the banks there have been so worried about their survival. Their scope for dropping rates seems small anyway. 10 year treasuries currently only yield 2.5%. How low can they go. Why would they do this when it would seem to exarcerbate their already shaky bank situation.?