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Gold/Mining/Energy : Gold Price Monitor

GDXJ 101.44

+3.5%

4:00 PM EST

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To: IngotWeTrust who wrote (4903)	12/29/1997 4:40:00 PM
From: PaulM	Read Replies (2) of 116756

All the kings horses, and all the kings men.... SK Bailout.... abcnews.com The point of organizing these consortiums is to ensure collusion ebtween all the big players in a bailout so that one doesn't jump ship, leaving the other's stranded. (Which is exactly what a rational market player would do). In return, those bailing out have no doubt been promised a bailout should thinsg go awry. Key word here is CONFIDENCE. Let me the first to predict that this won't work, though everyone will say its working. By the way, how do "rollovers" reflect on a bank's balance sheet? P.S. Any pitfalls you can think of re: buying Mexican gold coins (50 Pesos 1947 restrike, 1.2 troy ounces)? Trustworthy as anything else?

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