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Pastimes : Ask Mohan about the Market

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To: John Hunt who wrote (16797)10/20/1998 8:09:00 AM
From: John Hunt  Read Replies (2) of 18056
 
USAGOLD OPINION: Don't Cry for Argentina ....

Message 6077086

<< This afternoon Argentina announced a sale of its remaining gold, according to a report by Bloomberg. There were no details though we will likely hear more as the day goes on. Let me first of all say that Argentina just recently received the plaudits of the International Monetary Fund because it met the deficit guidlelines laid down by that international organization with respect to its deficits. Meeting the IMF criteria no doubt played a positive role in Argentina's successful bond float today on Wall Street today handled by Goldman Sachs & Co ...... >>

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