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

To: Terry Rose who wrote (11124)	5/2/1998 8:33:00 PM
From: Superhawk	Respond to of 116762

All: Year 2000. Where to live, what to do courtesy of Forbes. He mentions cash but not precious metals in his planning advice: forbes.com

To: Terry Rose who wrote (11124)	5/3/1998 3:13:00 AM
From: Eashoa' M'sheekha	Read Replies (1) \| Respond to of 116762

I do Believe This Is Positive As Well Terry. A split in the term between a neutral and a pro gold choice may also include a consensus to require participating countries to jump through the hoops if they want to replace their gold with other assets in the future.This was as important(if not more) than the actual percentage, but few understand the implications and are looking for percentage only.The fact there was an agreement(albiet 11th hour),is a step in right direction for them,and the case for playing a similar role as the USD in world trade and balance has been made.How long before we see the implications of this in the gold market depends largely on how and when the market accepts the EURO as an alternative. With regard to percentages of gold in the ECB: An announcement of actual gold percentage may see immediate results. If little or no reference is made to percentage this weekend,I fear the market will punish gold on Monday due its desire to do so lately for various reasons.Market conditioning is very important of late,as we have seen things that were thought bullish being " adjusted " to bearish over time.Some have short memories,others don't.Some confuse the facts,others alter the facts.Some make rumors,some provide rumors, many proliferate rumors,all to an end that justify the means I guess. Let's see what the market brings when things become clearer. T-Au-R-uS