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

To: paul ross who wrote (9600)	4/8/1998 9:12:00 PM
From: Terry Rose	Read Replies (2) \| Respond to of 116791

Paul, Thanks for the information. I plan to start monitoring this ratio. It's funny how simple formulas can display crucial trends, and when .300 is broken it may be time to take some money off the table. I have read the comments put forth by the German bank council member, and I fail to see where he declares that gold will hold a minimal role in the EMU. I think that his comments were either taken out of context or the author was voicing his own conclusions. I continue to believe that the gold reserves in the EMU will be a minimum of 30% in order to make the EMU a strong currency from it's onset. Switzerland has a strong currency and their percentage of gold reserves is high. If the EMU wants the Swiss to join later, they will need substantial gold reserves to entice them. Terry,