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

To: Zardoz who wrote (28156)	2/13/1999 6:29:00 AM
From: Bobby Yellin	Respond to of 116756

Hutch I am totally confused as usual..I really thought with the mess in Brazil,commodities would be heading down with gold..with Brazil possibly dumping etc and not buying etc..along with its affect on Latin America's currency Then, I am confused about Japan and its interest rate policy..thought there would be a real change when Japan's interest rates started rising and would affect the free money it was handing out to the financial biggy wiggies whom I tend to blame more for creating the bubbles in SE Asia etc..throwing money in and then getting bailed out by the Greenspan and Rubin and co.. i can't figure out what the current story is..could gold now be reacting to Japan's reinflation..Why did the US bonds rates here go up so much?(maybe I shouldn't watch so carefully..one day a trend doesn't make) Heard that the Japanese long bond is yielding higher rates? don't know where the Japanese citizens are socking away their money.. thought before that the Japanese government was finally trying to get their citizens to gain more by at least finally giving them more returns on their savings... I am totally confused.. I still think our government doesn't care about other countries and is just trying to save their own financial system..They aren't trying to bail out other countries for the sake of the countries' citizens but rather just bailing out all the financial types in this country Heard some of Greenspan's testimony..somebody asked him about the distribution of wealth that has been going on in this country..I wished I had written it down...but too tired..the person brought out that most of the wealth now is being transferred to a few..Greenspan appeared to see it a different way..ie Productivity..stock market wealth..he appeared to take no responsibility for the seeds he has planted..ugh.. I conduct my own interviews and ask many people I have contact with if they experience no inflation and the productivity of the country.. so far all say they have never worked so hard and most of their expenses have risen.. Bobby