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: Enigma who wrote (26111)	1/13/1999 12:57:00 PM
From: check737	Respond to of 116790

notice gold stocks are holding up quite well under the pressure. They appear confident that gold will rebound

To: Enigma who wrote (26111)	1/13/1999 2:45:00 PM
From: Alex	Respond to of 116790

Thursday, January 14, 1999 Currency Dealers Doubt U.S. Desire For Stronger Dlr TOKYO (Nikkei)--Many currency traders remain skeptical that the U.S. will take concerted action with Japan to arrest the dollar's recent fall against the yen. Washington will tolerate a weaker dollar, they contend, citing the growing U.S. trade deficit with Japan as well as the dollar's continued strength against other major currencies. Tuesday's intervention by the Japanese government and the Bank of Japan broke the dollar's continuing slide against the yen. U.S. Treasury Secretary Robert Rubin said the same day that a strong dollar is in the interest of the U.S. But a growing number of currency dealers believe that the U.S. government, increasingly concerned about a domestic economic slowdown, will let the dollar slide against the yen in order to help industries at home. Rubin has said that the dollar's exchange rate should not be used as an instrument of trade policy. On Tuesday, however, U.S. Trade Representative Charlene Barshefsky warned Kaoru Yosano, Japan's minister of international trade and industry, that tensions over trade with Japan were on the rise. (The Nihon Keizai Shimbun Thursday morning edition) HOMESEARCHHELPCONTACT US<Picture> Copyright 1999 Nihon Keizai Shimbun, Inc., all rights reserved. If you are having technical difficulties pleas nni.nikkei.co.jp