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Strategies & Market Trends : Currencies and the Global Capital Markets

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To: Henry Volquardsen who wrote (914)10/22/1998 11:43:00 AM
From: Chip McVickar  Read Replies (1) of 3536
 
Henry,

Thought you might be interested in this notice
Atleast for the chuckle.....

kitcomm.com

Check out that email...5 US banks in trouble
Boy I hope this isn't true....most likely if it is the Greenspan has already worked something out.

Kitco is a rabbid internet site for Gold Buggs and relishes in the joy of "bad news" to drive the price of metals up......
Another reason to take this with a grain of salt.

However....given the amount of leveraged debt that still exists.....out there in
**Happy Bankers Land** it could very well be correct information.

What do you think Henry
Chip

Rumors surround that rate cut last week and some feel it was set up to bail out big banks.....who knows
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