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To: Crimson Ghost who wrote (12288)5/28/1998 10:19:00 AM
From: yard_man  Respond to of 116836
 
Here, here -- George. I always thought I would be the last one to purchase the shares of a miner of any precious metal -- let alone gold.



To: Crimson Ghost who wrote (12288)5/28/1998 10:39:00 AM
From: Bobby Yellin  Respond to of 116836
 
Hi-
I bet a lot of SEAn's had wished they had been gold bugs instead
of importing all our inflation :>
also in the beginning,I thought people were flocking towards all
the multinationals..ie DOW stocks because of global expansion..
seems more like the financial movers and shakers have created global
implosion..
if US is so very powerful...definitely not showing any cloat with
India,Pakistan,and of course no need to mention China...
before we had one perceived "enemy"..Russia which appeared to sustain
stability throughout the world..now look what the financial systems
have created..
wonder if Perot is laughing or crying..(ps I was afraid of Perot)
I definitely am concerned..heard now is the time to buy European
cyclicals..confused because such high unemployment..
wonder if the shorts unraveling their positions will bring the Dow
to 10,000 plus
(first Microsoft..now government appears to be going after Intel..
interesting interesting times..especially with all these mergers..
wish their was a stock representing lawyers)



To: Crimson Ghost who wrote (12288)5/28/1998 12:03:00 PM
From: Ahda  Respond to of 116836
 
George i picked this up there is a whole review but i don't have acrobat the IMF has changed their contributing structure.

Rose there is quite a bit on the Bretton Woods Act.

How Liquid is the IMF?

The IMF finances its transactions and operations with its holdings of
Special Drawing Rights (SDRs) and usable currencies (i.e., currencies
of members with sufficiently strong balance of payments and gross
external reserves positions). Since July 1997, the IMF's resources
available for lending have dropped by more than one third, leaving it
little room to maneuver-either to protect the liquid reserves that
members hold in the IMF or to meet the more normal, but at times
very large, financing needs of member countries-much less respond
to a new crisis. Currently, uncommitted usable resources of the IMF
are around SDR 32 billion. The ratio between the IMF's uncommitted
usable resources (adjusted for the need to hold working balances in
currencies) and its liquid liabilities-known as the liquidity ratio-is
currently 45 percent, the lowest since the early 1980s.