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To: Zardoz who wrote (54226)	6/13/2000 6:35:00 PM
From: goldsheet	Respond to of 116767

>> It is amazing how fast things move. I slept late this morning,. > Johnson Van Wrinkle, brother of R.i.p.? The luxury of being retired <g> If I had been up I would have blown out my tiny ABX holding near $20. I'm just looking for a nice place to get out of my short-term trade, not for a new bull market.

To: Zardoz who wrote (54226)	6/13/2000 7:33:00 PM
From: goldsnow	Respond to of 116767

The dollar fell to 95.98 cents per euro, from 95.38 late in New York yesterday, and declined against 12 of 17 other major world currencies. One of the greatest beneficiaries of evidence of a U.S. slowdown was Australia's currency, which got pummeled in recent months as investors flocked to the U.S. It reached a two- month high of 59.96 U.S. cents after the report. quote.bloomberg.com

To: Zardoz who wrote (54226)	6/13/2000 8:07:00 PM
From: goldsnow	Respond to of 116767

Hutch, do any of the headlines so far this year resemble what you got used to in the past three? (except for Gold/XAU <ggg>) "Crude oil rose more than 3 percent to a three-month high on expectations that OPEC will keep output levels unchanged when it meets next week in Vienna." quote.bloomberg.com

To: Zardoz who wrote (54226)	6/14/2000 9:09:00 AM
From: goldsnow	Respond to of 116767

Higher raw materials prices are being passed on to consumers, too. Procter & Gamble Co. and Kimberly-Clark Corp., the two largest U.S. makers of diapers, said last month they will raise prices by an average of 6 percent in mid-September to offset higher costs such as paper pulp. In April, Procter & Gamble reported its first profit decline in nine years because of higher costs of raw materials which also include oil. ``More and more companies have reached the point -- with rising raw materials and labor costs -- that they are trying to increase prices,'' said David Orr, chief economist at First Union Corp. in Charlotte. ``Profit margins are under pressure. There's a grudging acceptance to price increases among consumers.'' quote.bloomberg.com