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To: Abner Hosmer who wrote (6596)1/23/1998 2:32:00 PM
From: Crimson Ghost  Respond to of 116760
 
Tom:

The way I see it, the odds now are about 90% that a new gold bull has commenced. That said, I would not chase the current rally too far. A significant reaction highly probable next week. Dollar ovesold short-term and due for a decent bounce that probably will drag gold down somewhat.

But the time has arrived to aggressively buy the dips.

George



To: Abner Hosmer who wrote (6596)1/23/1998 11:25:00 PM
From: Abner Hosmer  Read Replies (3) | Respond to of 116760
 
EMU: Political and Economic Implications

Wolfgang Munchau examines the difficulty of achieving economic convergence in the wake of the common currency, other challenges facing the Euro:

riia.org



To: Abner Hosmer who wrote (6596)1/23/1998 11:38:00 PM
From: Abner Hosmer  Respond to of 116760
 
For those who read the previously posted speech by Fed governor Broaddus, an update:

>>On the often asked question of the possibility of deflation in the near future, Broaddus said that he would never completely rule anything out, but that the chances were "close to zero."

"M2 is growing rapidly, around 7.5%. This is not deflationary," Broaddus said.<<

economeister.com


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