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To: Tommaso who wrote (1747)	1/14/2001 3:51:19 PM
From: Rolla Coasta	Respond to of 74559

I don't think the article is about 100% truth - probably 50% facts and 50% self-interests. Part of that is because money has to go to future technology in communication, where money can be made there. Another part is because someone is still touting the Euro. Look at Nokia. Bad report was out and it could hurt Euro too. I agree with someone saying the Euro is like a big cruise line trying to take a U-turn in a canal. And at last, the US economy doesn't rely 100% on Asia/Europe - probably 40%. Q

To: Tommaso who wrote (1747)	1/14/2001 10:07:05 PM
From: Street Hawk	Read Replies (3) \| Respond to of 74559

I would never invest in the euro. If you look at the component countries, I would consider too many of them unworthy of depositing money into. There are too many big basket cases like Spain, Italy, etc dragging down the bloated ship. Italy has too many mafia problems, almost Russia like in that respect. Spain's unemployment rate is a farce and those long siestas during the work day just don't cut it. The EU can't even agree on what language they're going to use. Swiss francs and German marks used to be strong currencies, but now they are tied to the EU, its not worth investing there imo. Its really a battle of the unarmed soldiers nowadays, as Fleck would put it. Between the US $, the yen, and the euro, nothing really stands out as being a good place to park your money into. The US $ has too much supply(expanding greatly now) plus big trade deficit, the yen is linked to a weak economy, and the euro is linked to some questionable countries.

To: Tommaso who wrote (1747)	1/15/2001 11:28:03 AM
From: jim black	Read Replies (2) \| Respond to of 74559

I am old enough to remember the panic of 1974 and the Arab oil embargo, and about that time Americans, some of us anyway were learning about "investing " in legal "rare" gold coins. Prior to that time it was illegal to own gold except for jewelry. There was inflation EVERYWHERE!! There were serious discussions regarding the "end of equities". I tend to agree that longterm, accumulation of real assetts in the form of land, real industrial business stocks, a little gold and platinum, NOT silver (too much hiding in India and photography is IMHO a dying business for silver interests), all at the right prices of course...but the question remains in WHAT form to hold monetary assetts. Dollar may inflate but Swiss Franc is suspect IMHO, since the gnomes of Zurich are actually selling a sizeable chunk of their gold hoard to pay for their own social programs. Whoduthunk? I have several good friends in England and in Italy who are convinced the Euro is doomed to fail unless it transmutes into a new and reliable Deutchmark, with the Germans running things, not my idea!...theirs! And not what they want to see. Two of them are Jews with long memories and little trust historically in Germany. I believe that we are pinned on the horns of a dilemna. Not a new situation historically for those of us with long pasts. My view, just my humble opinion, that in these perilous times it is best to have no debt, own your home, have a little gold, a shotgun at your bedside ( I have a Sicilian lupara, :)) and keep money as safe and liquid as possible...I tend to shortest term T-bills. And no stocks...well I do have a couple of thousand shares of a Canadian gold company, a royalty based company called Franco-Nevada, and that works for me for sleeping at night. Incidentally, as a retired doc who has taken my share of rectal temperatures, I can guarantee jelly beans up the ass will! melt and then be useless as well as unpalatable. All FWIW on a day the market is closed. Jim Black