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Gold/Mining/Energy : Caussa Capital (formerly Antares) T.CAU -- Ignore unavailable to you. Want to Upgrade?

To: JD who wrote (2176)	1/9/1998 12:14:00 AM
From: CIMA	Read Replies (2) \| Respond to of 4718

I agree on both counts. In addition to the wording "reserves", the IMF requires reserves of $26.5B and the paper they're issuing is good for 3 to 5 years. Shouldn't, in theory, be any rush to sell the gold. Hopefully they won't succumb to the temptation of converting it to the world's #1 paper, the U.S. dollar. When this is all said and done, the U.S. dollar will have to correct big time...and that's when gold will begin to rise big time (IMO).

To: JD who wrote (2176)	1/9/1998 12:30:00 AM
From: The Fix	Read Replies (1) \| Respond to of 4718

Clinton is Backing Indo.... Thursday January 8, 11:41 pm Eastern Time Summers to visit Indonesia to outline U.S. position WASHINGTON, Jan 8 (Reuters) - U.S. Deputy Treasury Secretary Lawrence Summers will visit Indonesia and other Asian countries soon to outline President Bill Clinton's position on the region's economic crisis and seek the views of Asian leaders, a senior administration official said on Thursday. The official, who asked not to be identified, said Clinton had spoken to Indonesian President Suharto for 20 minutes by telephone. ''The president underscored the importance of Indonesia within the region and to the United States,'' he said. ''The president made it quite clear that the IMF program needs to be followed.'' The International Monetary Fund is offering Indonesia loans totaling $10 billion as part of a $40 billion international rescue deal which also includes money from the United States. But financial markets have grown increasingly concerned about whether Indonesia is prepared to implement the reforms underpinning the loan and the fund said earlier on Thursday that its top two officials would visit Indonesia soon. The administration official could not say whether Summers' trip would coincide with the visits from the IMF officials -- First Deputy Managing Director Stanley Fischer and Managing Director Michel Camdessus. ''The president (Clinton) said that he would be sending deputy secretary Summers to the region to discuss the president's views of the situation and to hear back their views directly,'' he said. The trip, to Indonesia and several other countries, would take place in the next few days.