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Gold/Mining/Energy : Gold Price Monitor

GDXJ 92.99

+2.9%

Nov 7 4:00 PM EST

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To: Ahda who wrote (20291)	10/1/1998 6:47:00 PM
From: Alex	Read Replies (1) of 116753

Derivatives Collapse Rumour Unconfirmed rumours say that BT Merchant Bank will shortly file for Chapter 11 bankruptcy proceedings in the USA, relating to Asian derivative contracts that expire this month- remember that rumours can be true or false; if false, someone may be pursuing an ulterior motive. If true, the financial fallout could be significant! Bankers Trust Australia managing director Mr Rob Ferguson has denied claims the company's US parent might quit its local offshoot as a consequence of the fallout from its exposure to hedge funds [Oct 2] users.dircon.co.uk

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