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

To: Richnorth who wrote (10751)	4/27/1998 9:02:00 AM
From: Zardoz	Respond to of 116790

"Why are prices of base metals down? ONE reason is the Asian Crisis." But why was Asia down.... It's believe that the US FED will raise rates. This will make any stimulius package {call it crap anyways} that Japan bring forward, a lot harder to bring the market around. As currency outflow from Japan proves, currencies looks for the BEST RATE OF RETURN with THE LOWEST RISK. Heck, who here hasn't run from Japan yet. Did you see that drop this morning as soon as the Bonds hit 6.00% S&P dropped 4 points in 30 sec. Look for the UD dollar to rise, and Gold to fall, fast.