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Gold/Mining/Energy : Mongolia Gold Resources

MGR 21.38

-0.3%

Dec 22 3:59 PM EST

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To: d:oug who wrote (3634)	6/15/1999 10:29:00 PM
From: d:oug	Read Replies (2) of 4066

just a tidbit to wet your whistle and wake up Phil In the last Midas we alluded to the problems in the yen carry trade. Low and behold today, the Japanese come in and support the Yen. The cratering bonds actually rallied for the day. These guys are really desperate. In tomorrow's Midas, I will relate the onslaught of rehashed IMF gold sale talk, etc that hit the tape today. Gold held well. There is much, much going on behind the scenes. IT IS A CHANGING SCENE Phil. YOU CAN BET ON IT Phil. Much to tell you. Le Metropole Cafe All the best, Bill Murphy Le Patron

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