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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: lorne who wrote (6645)	1/23/1998 11:46:00 PM
From: IngotWeTrust	Respond to of 116762

I'm not that familiar w/Ca's banking situation except to say that my RavFav, Ian McAvity doesn't think much o'fiscal policy by any bank or gov't treasurer up there... I'll have to wait and see... Thanks for the URL

To: lorne who wrote (6645)	1/24/1998 2:01:00 PM
From: Eashoa' M'sheekha	Read Replies (1) \| Respond to of 116762

Lorne:with Regard To The Banks Merger In Canada.............. I see you are from Ontario.If you have been following the market for a couple of years or more,you may have heard rumblings of this at least a few times in the past.The reasoning has usually been that a larger " entity " would have more success internationally.That is,by pure size they are able to compete with large American and European institutions on a global scale.There has been movement towards opening the banking sector up to " foreign " competition as well.Canadians can now trade equities through American discount brokers,such as E-Trade etc. and TD bought a New York firm last year or so to offer Americans better access to Canadian markets.......so they say:-)So (I) don't equate this move as anything related to the SEAsian situation, but that same situation may have given them the impetus to move sooner than later.They have exposure there,but nothing on a level to cause internal weakness that would " make " them have to merge.I don't know what Ole/49r is refering to re:Fiscal Policy...unless she is refering to our Central bank maybe......... On the Gold subject,most information I can find at this time indicate futher upside possible unless CBers come in or producers in countries where their dollar is low step up to the plate and sell into the " rushlet ".Monday itself may be very critical.The very strong finish on Friday was encouraging.We shall see.......... Mr. Haney from our FP has his usual humourous take on things......... canoe.ca Regards Taurus