Made in Japan - 500 Beiträge pro Seite

[Basic]

Gandalf the White (6/9/01; 10:48:26MT - usagold.com msg#: 55748)
Japan looks to be in TROUBLE
----Saturday, June 9, 2001
"Downgrade sounds Japan slump alert"
by SCMP AGENCIES in Tokyo
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Fears of recession in Japan are growing as the country`s top economic policy-maker warned Tokyo would downgrade a key assessment next week. The economy "is worsening in line with our forecast from the previous . . . monthly report", said Heizou Takenaka, minister for economic and fiscal policy.

Mr Takenaka said the imminent downgrade would reflect a slowdown in spending by companies on new investments amid a sluggish United States economy and cooling exports. Last month`s Cabinet Office economic report warned Japan`s comatose economy was "increasingly weakening".

Mr Takenaka said the wording of June`s report, due for release on Thursday, would include a "further strong expression" about the state of the world`s second-largest economy.

With more short-term damage to the economy expected from Prime Minister Junichiro Koizumi`s structural reforms, Mr Takenaka said a revival in the US economy would be a key factor in Japan`s ability to recover.

"Optimists say the US will recover in the middle or by the end of this year. But it must come back at least by the start of next year or it`s going to be a problem for us," Mr Takenaka said.

However, Finance Minister Masajuro Shiokawa said while the Japanese economy remained in a severe condition, fundamentals were not deteriorating. "Since I took office, the economy has continued to be in a severe situation," he said. "However, I am confident that economic fundamentals are still firm and we see the current severity being short-lived. I believe there will be a trigger for improvement in the future."

Mr Shiokawa denied he had plans to introduce fresh budget measures to boost Japan. "The government will need to consider how to cope with a possible worsening of the economy but . . . we have no concrete economic measures," he said.

Mr Takenaka said he was unsure about attaining the official target of 1.2 per cent growth in the year to March. Gross domestic product data for the period is due to be released on Monday.

"It does not really matter if the 1.2 per cent target is achieved or not as it is only a thing of the past. What is more important is how the economy performs from here," said Tomoko Fujii, economist at Nikko Salomon Smith Barney.

Mr Shiokawa acknowledged that economic conditions would be worse in the second quarter. "We do not think corporate earnings in the January to March quarter were that bad, although there may have been some downgrades. But we are concerned that April to June would be slightly weaker than January to March," he said.
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<;-) BUT what if the USA economy does not "recover" by the first of next year !! What if an energy crisis were to SUDDENLY appear to arrive to the "doors" of others than the Grasshoppers? As Black Blade has said: "Interesting times" will be seen AROUND the WORLD ! The YELLOW is still cheap by anyones yardsticks!! GATHER while you may. THAT means you too, SIR Paul the Lurker ! <;-)>>

Es wird immer spannender...
Basic

[ChartJunkie]

Spannend ist auch die Frage, ob die Bank of Japan möglicherweise Teile ihrer Goldreserve verkauft.

[jeffery2]

Die Goldreserven, sind gemessen an den Schulden ein "Fliegenschiss"

[keepitshort]

@ChartJunkie
zitiere:
Spannend ist auch die Frage, ob die Bank of Japan möglicherweise Teile ihrer Goldreserve verkauft.

der Japaner besitzen ca. 25% der gesamten US-Staatsanleihen
diese US-Staatsanleihen kann man auch verkaufen.

Die Japaner werden nur überlegen soll ich Gold verkaufen
dass Tiefspreis liegt und wahrscheinlich steigt
oder
soll ich US-Staatsanleihen verkaufen die bei einem
starken US-Dollar den Hochpunkt erreicht haben.
Der US-Dollar dürfte auf 12 Monate gesehen nicht
sein hohes Niveau halten.

Sind alles nur Vermutungen
und wenn eine Notenbank Geld braucht gibt es noch
andere Sachen als nur physisches Gold zu verkaufen.