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


To: Don craig who wrote (9725)4/10/1998 12:02:00 AM
From: PaulM  Respond to of 116760
 
Hi Don. There are lots of reports out of Japan like that one. Early on, the Asian crisis didn't do much for the price of gold because the Asian tigers owned a lot and were forced to liquidate.

But Japan has little in the way of gold reserves and the Japanese people haven't had much need for gold. Until now. As the crisis there progresses--and it will--more and more capital will be looking to hide. It seems a good be that gold will get its share.