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Gold/Mining/Energy : Gold Price Monitor

GDXJ 94.04

+0.6%

Nov 21 4:00 PM EST

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To: John Hunt who wrote (45924)	12/13/1999 8:08:00 AM
From: lorne	Read Replies (2) of 116764

LBMA November daily gold turnover down; silver lowest this year London--Dec 13--The London Bullion Market Association said average daily cleared turnover for gold in November was 25.3 million ounces, down from 37.2 million ounces in October and down against 27.5 million ounces in November 1998. The average price of US $293.184 per ounce was down $17 on the previous month, it said. (Story .12507) Y2K-LIQUIDITY New York--Dec 10--As the millennium draws to a close, the world will be awash in extra cash. The major central banks, and some lesser ones as well, are boosting their collective cash reserves by about $500 billion so that as much as $1 trillion will be ready to pour into circulation if needed to stave off a massive liquidity crunch. (Story .17546) crbindex.com Morning John. I guess If a person is prepared for y2k it can't hurt but if not prepared ????

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