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

To: Gabriela Neri who wrote (6713)	1/25/1998 11:35:00 AM
From: JD	Read Replies (1) \| Respond to of 116758

Asian flu expected to cost 1MILLION US jobs. Talk about a resistant strain! cbs.marketwatch.com << The U.S. merchandise trade deficit, already at record levels, will head higher because of the currency crisis in Asia, costing more than 1 million American jobs, a labor-backed think tank is forecasting. >> << "The recent collapse of Asian currencies and financial markets will have severe economic consequences for the United States,'' the Economic Policy Institute said Friday. >> Also ... Have been hearing a lot on the tube from 'those who know' (by their account anyway) that POG rise is just an emotional overreaction to the Billy bait affair. They say that we should soon see prices down around $265. IMVHO the loss of confidence stemming from Clinton scandal may well serve as the global trigger to the gold bull by stripping US$ of its 'unfallible' mystique. Also... Japan/IMF to focus on Indo fix this week, with Australia showing up to support biz.yahoo.com . Regardless of their ability to succeed doesn't it indicate that Asia is now taking a very pro-active role in finding ways of saving itself rather relying solely on the US and its $. (... another vote for possibility of ACU down the road ???). JD

To: Gabriela Neri who wrote (6713)	1/25/1998 1:17:00 PM
From: Terry Rose	Read Replies (1) \| Respond to of 116758

Gabriela: I just finished watching ABC's "This Week", and the consensus was that if Clinton had an affair with Monica Lewinski he was dead in the water and his resignation would come within days. They were even talking about who Gore would pick for Vice-President. This scandal is moving very quickly, and Monday may be the last opportunity to position oneself for a spike up in the gold market and a drop in the U.S. equity market. Fear is a powerful emotion, and this should become a reality this week. Terry,