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To: Jim Willie CB who wrote (3060)1/30/2003 3:43:57 PM
From: 4figureau  Respond to of 5423
 
It took gold seven attacks to penetrate 330...sooooooo..:)



To: Jim Willie CB who wrote (3060)1/31/2003 10:21:46 AM
From: 4figureau  Read Replies (2) | Respond to of 5423
 
Bear Roundup:

Economy Weaker in 4th Quarter - Berry, Wash. Post (1/31/2003 7:02 AM)
washingtonpost.com

Fed urged to buy Treasury debt - Orange CR (1/31/2003 7:37 AM)
www2.ocregister.com

Global Anxiety Propels Euro Above Dollar - Wash. Post (1/31/2003 7:01 AM)
washingtonpost.com

U.S. Pension Agency Goes $11 Billion in Red - Wash. Post (1/31/2003 7:03 AM)
washingtonpost.com

No end in sight to downgrades - FT (1/30/2003 2:58 PM)
news.ft.com

European Consumer Confidence Sank in January to Lowest in Almost Six Years - Bloomberg (1/31/2003 6:32 AM)
quote.bloomberg.com

Fitch downgrades Japanese banks - FT (1/30/2003 10:53 PM)
news.ft.com

Japan's December Jobless Rate Rises to Record 5.5% - Bloomberg (1/31/2003 6:43 AM)
quote.bloomberg.com

China car sales soar - BBC (1/31/2003 6:31 AM)
news.bbc.co.uk



To: Jim Willie CB who wrote (3060)1/31/2003 10:25:13 AM
From: 4figureau  Read Replies (1) | Respond to of 5423
 
China's Incoming Premier Won't Revalue Currency, Post Reports
By Michael Forsythe

Beijing, Jan. 31 (Bloomberg) -- China's next Premier Wen Jiabao, due to take office in March, said the country won't bow to Japanese and U.S. pressure to revalue its currency, the South China Morning Post said, citing a report in the 21st Century Business Herald.

China is under increasing pressure from its two largest trading partners to revalue the yuan, pegged at about 8.3 yuan to one U.S. dollar in the past eight years. Wen made the remarks at a government financial conference last week, the paper said.

Japanese Finance Minister Masajuro Shiokawa said last week that China should consider abandoning the yuan's peg to the U.S. dollar. Japanese officials say an undervalued yuan undercuts Japan's exports and encourages companies to relocate in China.

Earlier this week Lawrence Lindsay, former economic adviser to U.S. President George W. Bush, said the U.S. should push China to abandon the peg, the South China Morning Post said.

quote.bloomberg.com