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


To: Alex who wrote (47852)2/3/2000 8:14:00 PM
From: Ken Benes  Read Replies (1) | Respond to of 116756
 
To bad Double D is not around to read this post.

Ken



To: Alex who wrote (47852)2/3/2000 8:21:00 PM
From: Enigma  Read Replies (1) | Respond to of 116756
 
"To sell ounces in the ground at $270-$280 (an ounce) when the price of replacing them is $350 (an ounce) or better is just insane."

No wonder Goldfields is whining - you'd think they could do better than that. Maybe they have just spent too long being a finance house and clipping coupons? Takes Canadian explorers to show the rest of the world how to find gold - Aussies too and some Americans perhaps.



To: Alex who wrote (47852)2/4/2000 12:47:00 AM
From: PaulM  Respond to of 116756
 
STRESSES BUILDING IN FINANCIAL MARKETS

egroups.com



To: Alex who wrote (47852)2/4/2000 8:03:00 AM
From: long-gone  Read Replies (1) | Respond to of 116756
 
Does Brazil produce gold or other commodities used by more local gold producing countries?

Ex-cenbank chief charged in Brazil bank scandal
(Adds day Lopes was charged in graf two)

RIO DE JANEIRO, Feb 3 (Reuters) - The former head of Brazil's Central Bank and other top financiers have been charged in connection with a banking scandal that embarrassed the government last year, federal police said on Thursday.

Francisco Lopes, the Central Bank's governor during last January's shock currency devaluation, was charged Wednesday with embezzling public funds following a decision to try to bail out two Rio-based investment banks.

The two banks had bet heavily against the devaluation and would have suffered heavy losses on the foreign exchange futures market had the Central Bank not stepped in to sell them dollars at below-market rates. One eventually folded anyway.

Central Bank directors who testified in a high-profile Senate probe (cont)
biz.yahoo.com