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: Ron Wilkinson who wrote (11956)	5/20/1998 3:04:00 PM
From: Ahda	Respond to of 116822

Hi Ron And thanks Alex kind of makes one wonder appreciate what they have. I think we are lucky is that we appear to export just dollars and what would will we do if ours fail?

To: Ron Wilkinson who wrote (11956)	5/20/1998 3:42:00 PM
From: Alex	Read Replies (2) \| Respond to of 116822

IMF Turns Off The Tap.................... afr.com.au

To: Ron Wilkinson who wrote (11956)	5/20/1998 9:38:00 PM
From: PaulM	Read Replies (4) \| Respond to of 116822

Ron, that's a good point. I'm one of those people (who think the Asian crisis will cause gold to rise). Still expect it work out that way in the long run. One thing that baffles me: why wouldn't there be huge physical buying in Hong Kong, China and Japan as these currencies are sure to come under the same kind of pressure? Equally baffling: why wouldn't the investment community in U.S. and Europe take the same hint? What makes this counterintuitive situation (i.e., currency crisis resulting in lower POG) possible is that holders of fiat currencies in the rest of the world see no future ripple effect.