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

To: philv who wrote (11443)	5/8/1998 9:06:00 PM
From: Terry Rose	Read Replies (2) \| Respond to of 116825

philv, Today's action in the bond market was difficult to understand. The unemployment rate of 4.3% and hourly earnings of 4.4% annual increase did not cause a sell off. I am totally mystified by this. Only the gold market reacted in a logical manner considering the inflationary implications of these numbers. My gut instinct is that the restarting of the Asia crisis counterbalanced the effect of these impressive numbers in the labor market. The bond market probably thinks that the Asia crisis should tie Greenspan's hands for the indefinite future. However if Japan's banking crisis accelerates and they start to quickly liquidate our bonds for their survival, the scenario put forth by Kaplan 1. Stable short term rates 2. Increasing long term rates will come to fruition. This next part goes out to anyone on this thread who has bought or researched buying physical gold. I plan to buy as early as tomorrow. Do I have to report this purchase to any U.S. government agency or is this optional? Is a spot price of gold plus 4% of total amount bought excessive for the purchase price? Can I buy outside the U.S. without creating regulatory headaches? Terry,