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To: IngotWeTrust who wrote (6724)	1/25/1998 2:58:00 PM
From: Bucky Katt	Respond to of 116762

Papal wisdom>In bastion of communism, pope scolds Western capitalists HAVANA - This communist island is not exactly on the verge of a free-market explosion, but there was Pope John Paul II, warning against "capitalist neoliberalism'' and "blind market forces.'' The pope - best-known as a critic of communism, but long wary of unfettered capitalism - chose his final Mass in Cuba on Sunday to issue one of his harshest attacks yet on Western market economies and their influence worldwide. President Fidel Castro, who views the pope as sympathetic to the Cuban revolution's socialist agenda, sat in the front row, just 20 yards from the papal altar. Since arriving in Cuba, John Paul has prodded the Cuban government on its human rights record, but has also cautioned Cubans against Western lifestyles and consumer tastes, and issued a series of attacks on the 36-year U.S. economic embargo and on Western aid policies. "From its centers of power, such neoliberalism often places unbearable burdens upon less-favored countries,'' the pope said to ringing applause. "Hence, at times, unsustainable economic programs are imposed on nations as a condition for further assistance.'' The pope lamented that a small number of countries were growing "exceedingly rich at the cost of the increasing impoverishment of a great number of other countries.'' While Cuba has made a limited opening to private enterprise over the past five years, permitting about 160,000 self-employed workers, Castro has kept a tight leash on all private economic activity. Since the early days of his papacy, John Paul has warned against what he has called "savage'' capitalism and has lately expressed worry about what globalization means to developing countries. He also has been prodding Western countries to help ease the debts of poor nations. John Paul's attacks on the U.S. embargo have come as no surprise - he fiercely opposes such methods on the grounds that they punish only the poorest. President Clinton said this past week that Washington would maintain the embargo, and it was up to Castro to open Cuban society before the U.S. will change its stance.

To: IngotWeTrust who wrote (6724)	1/25/1998 5:15:00 PM
From: bobby beara	Respond to of 116762

Hi 49r, guess we should be buying the rumour -g- >>>>The decision'll B "announced" N May, Bobby...t'level o'AU reserves not only HAS already been "decided" but also acquired...these are not "dumb" EUCB officials...<<<< Somebody's sure not dumb, they're telling JQ Public that Gold is Dead and that this is some new era of investing, while they're doing the complete opposite. Do your volume numbers show a big drop off on XAU volume in the eight day periods from the December 1-8, to the Jan 4-12 sell-off. This would show the greatest amount of capitulation on the left shoulder as Fundies sell at the bottom of a panic sell-off. If the head show a much lighter volume, it would be a lot of dipster profit takers and some final JQ Public capitulation. If this is the case, I think this would be a pretty good indicator of a bottom. BWDIK -g- Superbowl Prediction: The Horses Win as John Elway wins it with a last minute drive and they relinquish their long held Asses moniker. Yee haw!!!! PS 9er: Nice touch - that gold signature -g-