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Strategies & Market Trends : Asia Forum

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To: Mark Myword who wrote (4309)	6/10/1998 10:29:00 AM
From: Thomas Haegin	Read Replies (2) of 9980

Bill, I agree with Lawrence: The new ECB will have rather less Gold in their vaults than the the present BUBA for example. European currencies are on an convergence trail for at least 2 years now. The actions of their individual central banks have been coordinated preety much in the past already. I do not foresee any drastic shifts in the policy of the new ECB. Ireland must be watched as they are on a slightly above average infaltion path right now, but no real concern for now. I saw a headline on biz.yahoo.com today to the gold regard, but please spare me the work to go digging for it now :-) Thomas

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