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


To: paul ross who wrote (9634)4/9/1998 12:09:00 AM
From: Abner Hosmer  Read Replies (1) | Respond to of 116791
 
Paul, I also expect that they don't want a strong Euro right now. They want to keep their exports up, and they don't want to see jobs lost overseas. Sounds like Germany wants to have the Euro and keep it's gold, too.



To: paul ross who wrote (9634)4/9/1998 12:31:00 AM
From: paul ross  Respond to of 116791
 
Sorry, a correction on the French overwhelming vote on EMU. Geeeez, this thing posted while I was still editing and looking for the story.

The bill bringing the BOF in line for entry into EMU still has to be approved by the French Senate, but another step closer:

biz.yahoo.com

PR



To: paul ross who wrote (9634)4/9/1998 12:34:00 AM
From: Terry Rose  Read Replies (1) | Respond to of 116791
 
Paul, I don't understand why starting something new and weak would be more advantageous than something new and strong. I also don't understand why someone would pay 100$ for a stock that may earn a quarter such as Yahoo. Regardless, I think that the Central Banks are sensitive to a further decline in the gold price, and I can now aggressively build up my gold position. The beauty of buying gold now is there are numerous scenarios which could fire up the POG, and it might just rise due to the nature of cycles. At any rate I plan to buy right and sit tight.

Terry,