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Strategies & Market Trends : Fidelity Select Sector funds

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To: Angler who wrote (4532)	5/26/2002 3:28:00 PM
From: Julius Wong	of 4916

Angler: >> What might the odds be that the central banks might start unloading their gold reserves in exchange for currencies like the Euro or the Dollar in order to strengthen them? The European central banks have little interest to pop up US dollar. They will be more than happy to leave that task to US and Japan. >> The Brits dumped gold a few years ago at its lowest point incredulously. Why then, I could never figure out? They were forced to sell by EU's policy on central bank's gold reserves. Julius

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