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Pastimes : CNBC -- critique.

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To: WTMHouston who wrote (5828)6/5/2000 9:55:00 PM
From: long-gone  Read Replies (1) of 17683
 
<<Even if they did not cover it, I suspect that most folks do not see a $3.50 rise in the price of gold as a significant event>>

You don't find inflation & total system failure "significant"?

Central Bankers warn of US risk to global economy

The global economy faces the risk of a hard landing with
US stock markets and the dollar dropping sharply in tandem,
the Bank for International Settlements, the international
organisation of central banks, warned on Monday.

Recent volatility in currencies and equities, and the lack
of liquidity in some financial markets, meant the market
reaction to such a downturn posed a further risk, the BIS
said in its annual report....

news.ft.com
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