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Gold/Mining/Energy : Hecla Mining(HL)
HL 25.26+6.1%2:47 PM EST

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To: Terrence Von Holidae who wrote (213)1/8/1998 10:37:00 PM
From: dwight vickers  Read Replies (1) of 629
 
Terrence,

What do you think they might target for the dollar? Yen 120?

I am not at all optimistic. I do believe that this time they may have let loose something they can't control.

If they stop it, it's only a matter of time before the next leak springs up.

Derivative defaults? Chinese devaluation? Who knows? Lots of possible places it could get worse.

I truly believe it is so much worse than anyone is saying, or even knows.

Great for the metals, eventually. But we won't avoid the fallout.

Regards,

Dwight

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