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Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?


To: Thean who wrote (7010)1/8/1998 8:01:00 AM
From: Scott Shumaker  Respond to of 95453
 
Ref: Asia - It was reported on one of the morning news shows of the South Korean govt and banks asking the citizens to "loan" the govt their gold in order to sell for dollars. I'm not making this up.

They showed the people bringing in coins and jewelry - in some cases family heirlooms. Wow!!! Can you imagine?



To: Thean who wrote (7010)1/8/1998 8:05:00 AM
From: Scott Shumaker  Respond to of 95453
 
From CBS MarketWatch

cbs.marketwatch.com

brief quote;

. . . Oil prices in overseas trading have fallen 25 percent during the past three months, and analysts said growing supply could push prices of Brent as low as $14 per barrel . . .



To: Thean who wrote (7010)1/8/1998 12:58:00 PM
From: The Perfect Hedge  Read Replies (2) | Respond to of 95453
 
Thean-
If we can bounce off 99 on the osx would that signal the bottom of this pullback?I'm looking for a signal to get us out of this mess but maybe it's too soon.GD