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To: LLCF who wrote (78583)	3/11/2001 10:18:53 PM
From: Follies	Read Replies (1) \| Respond to of 436258

LLCF, I think we may see a LLCF on Monday, maybe even prior to the open.... dale

To: LLCF who wrote (78583)	3/11/2001 10:20:49 PM
From: Zeev Hed	Read Replies (4) \| Respond to of 436258

DAK, in the last three years, we were "trice" near economic calamity, and gold did not budge in "troth" cases. It used to be that any instability, even in an irrelevant country would send gold on a major rally. It does not happen anymore, maybe its luster will return, but until I see a close above $330, it does not worry me much.

To: LLCF who wrote (78583)	3/12/2001 8:01:38 AM
From: Earlie	Read Replies (1) \| Respond to of 436258

Dak, Zeev: History has a way of ...... In a period when the world's reserve currency is being debauched and marginalized (through Fed manic printing), when the currency of the world's second largest economy and former "banker to the world" is also being turned into confetti via deficits, one has to consider the Euro as a best of the paper currencies. As noted earlier, it also has the added benefit of humping very little (by comparison) excess IOU baggage. But as noted earlier, it needs some "seasoning" before it will achieve full reserve currency status. So what can one acquire that is incredibly cheap by historical standards, that has always protected investors against the ravages of the money printing presses and that has ALWAYS been the "currency of last resort"? It saved its believers in Russia and in Asia a few years ago, and it will protect N. Americans similarly in the near term. The delightful thing about it is that one need not devote more than a few percentage points of one's capital in it (via junior gold stocks) to possess enough leverage to provide full asset protection. As I noted earlier, it provides cheap currency crisis insurance and one gets to keep the premium. (g) Best, Earlie