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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: Bobby Yellin who wrote (35015)	6/9/1999 10:55:00 AM
From: Don Green	Read Replies (1) \| Respond to of 116764

Spot Gold 259.8 Yen 118.91

To: Bobby Yellin who wrote (35015)	6/9/1999 11:34:00 AM
From: Ken Benes	Read Replies (1) \| Respond to of 116764

And gold will continue to decline to a price level of 250.00 or whatever the level that will be required to pull the rug out from under the demand for gold coins. All the coins sold this year are now under water by approximately 20% while equities have advanced. This decline could end right this moment if the producers would announce that they will buy whatever the BOE has to offer. Unfortunately, the producers are part of the cabal that is driving the price lower. Ken

To: Bobby Yellin who wrote (35015)	6/9/1999 3:29:00 PM
From: Alex	Read Replies (2) \| Respond to of 116764

New mechanism urged to prevent global financial crises ------------------------------------------------------------------------ The world's major industrial nations should create a new mechanism to monitor vast cross-border capital flows in a bid to nip future financial crises in the bud, a former top Japanese finance official said Wednesday. Kosuke Nakahira, who served as vice finance minister for international affairs between 1993 and 1995, told Kyodo News in an interview that it is necessary to overhaul the post-World War II financial order to keep abreast with the times.