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Strategies & Market Trends : Currencies and the Global Capital Markets -- Ignore unavailable to you. Want to Upgrade?

To: Henry Volquardsen who wrote (131)	5/19/1998 4:16:00 PM
From: Chip McVickar	Read Replies (1) \| Respond to of 3536

Henry Here's a piece from the 'Gold Eagle' internet site. "IMF and Economic Soverenty" gold-eagle.com . Some of it is interesting, but even if all the currency complications evolved as they expect....I don't see anything more then a 15% decline for the dollar.....The central bankers will want a smooth transition and they will probably get it. Atleast in the first 2 years. Certainly wouldn't push gold past $350 or $400. China's been over stimulating it's economy for years hoping to keep it's people in work, food and quiet....they haven't been solvent for centuries. Gee....maybe I should by some double eagles, gold bars or Sfr's....chuckle Chip