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

To: Don Green who wrote (35516)	6/18/1999 1:34:00 AM
From: Lucretius	Read Replies (1) \| Respond to of 116815

i forgot to add that we also have a sell signal on RMBS feeling boastful aren't we? pride goeth before a fall (or crash -g-)

To: Don Green who wrote (35516)	6/18/1999 1:39:00 AM
From: Follies	Respond to of 116815

I just had an epiphany. Gold is (was) tulips. Just like soylent green is people. I've been looking for tulips in all the wrong places.

To: Don Green who wrote (35516)	6/18/1999 4:37:00 AM
From: Zardoz	Read Replies (2) \| Respond to of 116815

$4.80 Don come over to the darks side for a while... Hurry cause gold just spiked $4.80+ This is no joke Euro falls to life low of 122.80 yen-Tokyo bankers TOKYO, June 18 (Reuters) - The euro fell to a record low against the Japanese currency of 122.80 yen in late Tokyo trade on Friday, bankers said. The euro has come under persistent pressure against the yen this week amid rumours of strong hedge-related selling interest from Japanese institutional investors with heavy exposure to the euro. The previous record low was 122.85 yen set in New York on Thursday. ca.biz.yahoo.com FX IN EUROPE - Euro softer, flirts with $1.03 LONDON, June 18 (Reuters) - The euro softened towards $1.03 early in Europe on Friday, trading only half a cent away from its lifetime lows against the dollar, as the U.S. currency profited from gains in U.S. assets. Remarks U.S. Federal Reserve Chairman Alan Greenspan made on Thursday were seen as signalling that U.S. interest rates would go up near term but only modestly. This removed the cloud that had hung over stock and bond markets in recent weeks. ''U.S. assets have recovered quite sharply now that it's clear they're not going to see serious rate hikes from the Fed,'' said Keith Edmonds, chief analyst at IBJ International. ''It (Fed tightening) is not going to be enough to cause a severe correction in the Dow, which was one thing that could have undermined the dollar going forward.'' The euro was at $1.0296/00 at 0735 GMT from $1.0331/36 late in Europe on Thursday. The dollar was firm against the Swiss franc, holding near the six-year high of 1.5520 hit on Thursday. Earlier, the euro briefly drew support from Bank of France Governor Jean-Claude Trichet's comment that the euro had the potential to rise. But the focus quickly returned to the downside given it has reversed virtually all of last week's rally which saw it rise to $1.0558 from a $1.0254 life low. ca.biz.yahoo.com

To: Don Green who wrote (35516)	6/18/1999 4:45:00 AM
From: Zardoz	Read Replies (3) \| Respond to of 116815

Thursday June 17, 7:03 pm Eastern Time Cenbanks dim gold inflation beacon-Fed's McDonough NEW YORK, June 17 (Reuters) - The specter of central bank gold sales has distorted the inflation signal that the metal was believed to have had in the past, New York Federal Reserve Bank President William McDonough said on Thursday. ''A number of European central banks have decided to have a portion of their reserves of gold reduced,'' McDonough explained to the Financial Women's Association. ''Britain most recently has decided it would sell off ... gold. So, you have an overhang of supply,'' he elaborated, in answer to a question about the inflation-predicting power the yellow metal. Britain announced on May 7 that it would eventually sell 415 tonnes of its 715-tonne gold reserve, starting with a 25-tonne auction on July 6. The news rocked a market already jittery about planned sales by the International Monetary Fund and Switzerland, sending the bullion price down more than $30 or about 10 percent, to a new 20-year low last week. biz.yahoo.com