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To: pater tenebrarum who wrote (67201)10/7/1999 3:17:00 PM
From: Joan Osland Graffius  Read Replies (1) | Respond to of 86076
 
hb, >>but they let them down a bit on gold, no?

This was an interesting decision by the European Bankers. The over leveraged folks did see the demand for the BoE sale and had a chance to get out. These Bankers knew about the gold lease problems and taught the boys/girls a lesson for not acting quickly. It could be they are going to continue to teach these leveraged folks a lesson. The system needs to get the leverage out of the system and if people do no get religion quick they will take it on the chin. IMO, the currencies and bonds will tell us what is happening.

Joan