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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: EyeDrMike who wrote (21870)	10/17/1998 4:31:00 PM
From: goldsnow	Read Replies (2) of 116754

"And Rubin said it took a year to persuade the U.S. Congress to agree to support an $18 billion infusion of capital into the International Monetary Fund. And, he said, ''we still must pay off our arrears to the United Nations, and support trade liberalization at a time when protectionist pressure may be building.'' The current crisis ''presents unprecedented and enormously complex challenges to the nations involved and the international community,'' Rubin said. There are ''no magic wands or easy answers,'' he said, and the problem will take time to work out. " bloomberg.com What is he saying? That 18bln more would have been waisted? 18 bln were waisted but coffers need to be replanished to waist more? He is very smart and perhaps brilliant man, but he lost me here ...Maybe Rubin caught in Twilight zone and he knows it....searching for exit...

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