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

To: Alex who wrote (19065)	9/16/1998 6:08:00 PM
From: Dwight Taylor	Read Replies (2) \| Respond to of 116786

According to Jude Wanniski-- The correct analysis is that the Fed caused the deflation in Asia by starving the world economy of dollar liquidity in 1997, which brought the dollar/gold price down by $100, to the $285 range from $385. Many of Asia's problems would be eased by having the dollar/gold price rise back to $350, which would occur only if the Fed added dollar liquidity to the banking system. The Southeast Asian countries would then see their currencies rise relative to the dollar.