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To: Jack of All Trades who wrote (243977)	6/4/2003 5:28:16 PM
From: UnBelievable	Respond to of 436258

I Doubt Any Corporate FX Experts Are Trading This Market They are hedging the risk. Which means that they are buying insurance against it. Creating the need for someone to buy insurance for a risk which you create is called extortion.

To: Jack of All Trades who wrote (243977)	6/4/2003 6:50:55 PM
From: benwood	Respond to of 436258

This is odd, but if you saved a $500 note in 1969 when the Feds began pulling them out of circulation, it is now worth almost exactly $100 in 1969 dollars. So they might as well bring it back... Maybe Ron Paul from Texas could introduce legislation to this end to help illustrate to the ignorati the world of good the Feds have done for us.

To: Jack of All Trades who wrote (243977)	6/4/2003 7:46:30 PM
From: Haim R. Branisteanu	Respond to of 436258

I am working with a silver jewelry importer who imports from Europe, Mexico and Far East. He is suffering because the price of silver jewelry is mostly work. He must pay in EUR for European suppliers who are 10% to 18 % of his business but does not receive more in the local market. His markup is around 18% to 22% and is paid net 30 to 40 days as a distributor he lost money on the European business. No bank will hedge him for the $150,000 to $250,000 a month he imports from Europe, aside J.C.Penny, Macy's or Marshall buy 3 to 6 months in advance at fix prices. Last month the EUR rose around 10% his profits are wiped out With the present wild swings he is hurting.