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Gold/Mining/Energy : Global Platinum & Gold (GPGI) -- Ignore unavailable to you. Want to Upgrade?

To: tony schwarz who wrote (10865)	7/6/1999 7:49:00 AM
From: Thor Carlsen	Respond to of 14226

Tony, hang in there with that mutual fund. I took a preliminary peak at the site you talked about. C'est tres French of you. ;-) CLP, who is buying what and why? Here are some quotes from today's newspapers. I am off for a pain au chocolat. I'll be back, Thor The Golden Rule. Japan buys $5b in US greenbacks in one day this month and a Swiss bank loses 40% trading Gold? From the IHT: "ZUG, Switzerland - Rothschilds Continuation Holdings AG, which controls the British investment bank N.M. Rothschild & Sons Ltd., said Monday that net profit for the 1999 financial year had dropped 40 percent, hurt by plunging metals prices and slowing Asian economic growth. The Swiss company, one of the world's largest traders of gold bullion and base metals, said profit fell to 92.5 million Swiss francs ($59 million) in the year ended March 31, from 155.3 million francs a year earlier." "LONDON - The dollar rose against the yen Monday as Japan sold yen to prevent a stronger currency from hampering any economic recovery. The intervention was the fifth time the Ministry of Finance has instructed the Bank of Japan to steer the Japanese currency's value lower since June 10. The central bank bought $3 billion to $5 billion Monday, traders estimated, and purchased more than $20 billion worth of dollars and euros in June."