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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: Real Man who wrote (89878)	9/21/2002 11:13:08 PM
From: Real Man	Read Replies (1) \| Respond to of 116825

September 19 Financial Times: IMF Warns of Risks From Current Account Deficit - Current account deficits such as that in the US appear unsustainable over the medium term and could well be resolved with a difficult adjustment, the International Monetary Fund has warned. The IMF warned that the build-up of deficits reflected the financial excesses of the late 1990s, with expectations of the benefits delivered by the information technology revolution leading to a shift into US and other deficit countries assets. It sketched out a pessimistic scenario where financial markets expectations of higher productivity growth in the US were not fulfilled. Under such a scenario, the downwards adjustment in current account deficits would take over three percentage points off US economic growth in 2003.

To: Real Man who wrote (89878)	9/22/2002 9:00:21 AM
From: re3	Read Replies (1) \| Respond to of 116825

Perhaps, alternatively to gold, other currencies might see increases, i.e. the canuck buck, the aussie...the canuck buck believe it or not was once at par with the us dollar, in fact it was once valued slightly higher than the us dollar for a few minutes <g> so, perhaps a few well chosen canuck junior golds might be in order for my millions of american readers <g>