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To: John Hunt who wrote (29185)2/28/1999 7:17:00 PM
From: long-gone  Read Replies (1) | Respond to of 116791
 
<< My target for gold is 310-315 and for the XAU is ~ 100 to be reached within 4-6 weeks.

Anyone else getting similar projections?>>

John, I heard on the radio that if gold moves through $308 next strong resistance level is $364.



To: John Hunt who wrote (29185)2/28/1999 8:10:00 PM
From: Jim McMannis  Respond to of 116791
 
All I say is that I'm ready and positioned.



To: John Hunt who wrote (29185)3/1/1999 5:38:00 AM
From: John Hunt  Read Replies (1) | Respond to of 116791
 
A Japanese Tale Part 2 – Repatriation and the Dollar-Yen rate

<< The question to be examined now is the degree to which the US has had to rely on interbank loans to feed the credit spree of the past few years. Japan may well be the prime source of the funds that fed the interbank lending system described in part 1. If they should cease to pump funds into the world's banking system or, even worse, if they begin to call up the interbank loans that provided a substantial portion of the liquidity and easy credit in the rest of the world, a credit squeeze can result, with significant effects on US and other markets.

The answer to the above question would reveal the extent to which the US is vulnerable to a cessation or even a reversal of the flow of funds through the interbank system. -- cont'd -- >>

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