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Gold/Mining/Energy : Yamana Resources INC. T- YRI -- Ignore unavailable to you. Want to Upgrade?

To: Bearcatbob who wrote (1321)	6/9/1998 12:36:00 PM
From: PSkars	Respond to of 2346

Bob, This may very well be true...Just minutes ago, the EUC announced that the Euro would only be backed by 10-15% Gold. Much lower than I would have guessed. Without that I think that the Euro is going to have a rough time of it in 1999. This was the best news that the US Gov't could have hoped for. Without a 20-30% commitment, the currency is coming into the marketplace on a weak note...We will see in January. For now the US$ is king...I still don't like it and every king of the mountain has fallen in the past. Best of Luck Phil