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Gold/Mining/Energy : Gold Price Monitor

GDXJ 98.04

+0.4%

Nov 11 4:00 PM EST

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To: Defrocked who wrote (14378)	7/11/1998 6:30:00 PM
From: yard_man	Read Replies (1) of 116755

>> the US Federal Reserve is very much aware of the international/domestic swaps and derivatives exposures<< Aware generally of the exposures? Yes. Understand all the consequences of a loss of confidence in these instruments? No. Fed understands enough to manage any news that it perceives might upset the cart. Personally, I think they are big time worried about further weakness in Asia.

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