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To: Rarebird who wrote (61482)11/29/2000 3:04:10 PM
From: long-gone  Respond to of 116931
 
You know, with Naz 60-90 points lower with every passing day, won't be long until GPM is the hottest investment thread(lookit I made a joke, gold=investment hahahaha) on S.I.. Then we shall see.



To: Rarebird who wrote (61482)11/29/2000 3:22:37 PM
From: long-gone  Read Replies (2) | Respond to of 116931
 
Really one can bet in today's world when in trouble they sell gold:

``The same icy blast is hitting Deutsche as hit Dresdner. There are worries about its exposure too, but it's rumour with Deutsche versus fact from Dresdner,'' said another fund manager.
``And along with that there are still worries about Turkey and its IMF loan,'' he said, referring to a liquidity squeeze that is straining the country's $4 billion pact with the International Monetary Fund.
biz.yahoo.com

"But some dealers said economic woes in Turkey were seen weighing on the currency. Turkey is seeking European Union membership and its currency tends to track euro movements."
dailynews.yahoo.com



To: Rarebird who wrote (61482)11/30/2000 8:44:44 AM
From: long-gone  Read Replies (2) | Respond to of 116931
 
Thursday November 30, 8:32 am Eastern Time
Fed adds reserves via 28-day fixed system repos
NEW YORK, Nov 30 (Reuters) - The Federal Reserve said on Thursday it was adding temporary reserves to the banking system through 28-day fixed system repurchase agreements.

At the time of the operation, the federal funds overnight bank lending rate was trading at 6-9/16 percent, above the 6-1/2 percent target for the rate.
biz.yahoo.com