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

To: bobby beara who wrote (9213)	4/2/1998 11:52:00 PM
From: PaulM	Read Replies (1) \| Respond to of 116760

Bobby, the Asian crisis was bad for gold only because the little Asian tigers had lots of it to sell. Japan doesn't have lots, and needs plenty. The inevitable outcome has been predictable for months. Anyhow, gold has put in a major, long term cyclical low and is now in a long term bull that will make the 70's look like a blip on the radar screen.

To: bobby beara who wrote (9213)	4/2/1998 11:55:00 PM
From: PaulM	Respond to of 116760

Sony Chairman sez:"Japan on the verge of Collapse" - Could "trigger Global Recession" See 4th summary bloomberg.com

To: bobby beara who wrote (9213)	4/3/1998 6:26:00 AM
From: Bobby Yellin	Read Replies (1) \| Respond to of 116760

If true..maybe it means hidden agenda..can you imagine where gold could go if all those prudent japanese savers (9 trillion dollars or something like that invested in gold..) and more money pulled out of treasuries..I thought the Japanese culture dictated keeping up a good face..now if the world is saying they are facing a deep recession with a huge aging population..what better way that to create a great deal of wealth through the market and then going through a buying rampage of all those depressed SE Asian companies.. and recreate their own financial empire .. can't believe the Chinese are thinking of investing in Euro.. please please please keep up those utterly fantastic TA posts!!!! Bobby II