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

To: Giraffe who wrote (11985)	5/21/1998 9:15:00 AM
From: John Mansfield	Read Replies (1) \| Respond to of 116823

[MINING] 'Global mining company Rio Tinto revealed last week that it may shut down some of its mines and plants to shield them from the millennium bomb, writes Dan Sabbagh. webserv.vnunet.com Any ideas on gold mining? Anyone? TIA John

To: Giraffe who wrote (11985)	5/21/1998 9:18:00 AM
From: John Mansfield	Read Replies (1) \| Respond to of 116823

[JAPAN] CNN: 'Japan unprepared for Y2K? ' Moody's warns that Japanese banks are not taking computer bug seriously May 20, 1998: 1:34 p.m. ET cnnfn.com

To: Giraffe who wrote (11985)	5/21/1998 10:22:00 AM
From: long-gone	Respond to of 116823

The thing I posted about the trade gap is the one that will start the roll. Actually, it is Asia. They will continue to export their problems. The Treasury will continue to print money. The Fed will be unable to move - to prevent a world wide depression . The US dollar will weaken. The Euro. will come out as a stronger currency. The Dollar will weaken even more! As of yet, gold is only being "revalued" based on a lower dollar. The XAU is only being "revalued" based on gold price. After another 10-15% move in POG, we may see a little speculation. At $330-350 the XAU should start seeing some real movement. BUT, we have to assure this move continues. rh