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To: Ken98 who wrote (37982)6/5/2000 4:21:00 PM
From: pater tenebrarum  Read Replies (3) | Respond to of 42523
 
yes, this is an interesting contrarian view of EU enlargement to the east...i agree btw. with the basic premise that accepting these potentially high-growth former eastern bloc states into the Union could turn out to be a boon. conventional wisdom has it that enlargement of the Union to include these countries will be harmful because they're not 'ready' to join.



To: Ken98 who wrote (37982)6/5/2000 4:31:00 PM
From: Archie Meeties  Respond to of 42523
 
The redistribution of ECB gold to Eastern Europe is a necessary step. Poland a big buyer of gold lately. Wait a minute... What does gold have to do with this?

Most don't realize that there has been no net outfow of gold from Europe. The ECB selling just moved it around a bit. NA is a net exporter of gold, and beginning in Sept. that really picked up.



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