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Gold/Mining/Energy : Gold Price Monitor

GDXJ 97.81

+0.9%

Nov 19 4:00 PM EST

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To: John Hunt who wrote (26378)	1/18/1999 8:18:00 AM
From: John Hunt	Read Replies (1) of 116762

Brazil Crisis Bad for US Automakers newsday.com << The currency crisis that hit Brazil last week means bad news for automakers such as General Motors and Ford, whose operations there are already suffering from a deep recession. But many financial companies like Citigroup may not fare as badly because they have trimmed back their exposure in Brazil following earlier upheavals in Asia and Russia. For U.S. companies that have Brazilian operations which export -- such as the appliance maker Whirlpool -- the crisis creates conflicting factors that make their outlook uncertain. -- cont'd -- >>

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