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Gold/Mining/Energy : Gold Price Monitor
GDXJ 106.70-0.3%4:00 PM EST

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To: Enigma who wrote (20664)10/5/1998 6:56:00 PM
From: Broken_Clock  Read Replies (1) of 116796
 
E.
it seems logical that Germany would back IMF selling gold. After the IMF has gone broke, the euro will look all the more "safe" as a currency. It makes perfect sense to me.

word picture:

I want your girl friend. You are trying to impress her by jumping off a 200' waterfall(you don't know how deep the water is but your "friends" tell you it is safe). As you stand on the summit having second thoughts, you hear me scream from the bottom..."JUMP!"

Will the IMF jump like Canada & Australia did?
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