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To: long-gone who wrote (16143)8/19/1998 8:29:00 AM
From: Bobby Yellin  Read Replies (1) | Respond to of 116906
 
Richard when you have time start checking out earnings of companies that are turning around
check out earnings of companies based on consumer spending versus corporate spending..
what I am watching in gold sector how many companies might still go bankrupt :< which down the road will really add fuel to the remaining companies..
how many companies have bought back their forward position..so far Kinross might be the only one
how many companies are being acquired..possibly mar west by glamis
again..with all these currency crises and gold doing zip..seems we will have to wait until commodities turn..that is why I think oil insider buying is important
again..we are entering into bullish phase for gold now..let us see what it can do..
supposedly German has a lot more loans to South East Asia than to Russia and their stock market again is going up..(for how long? but their unemployment is going down)



To: long-gone who wrote (16143)8/19/1998 8:32:00 AM
From: Ahda  Read Replies (2) | Respond to of 116906
 
Bear in mind this is quarter

biz.yahoo.com

World Gold Council says Q2 gold
demand up 50 pct

SYDNEY, Aug 19 (Reuters) - World gold demand recovered
strongly in the second quarter of 1998 to rise by more than 50
percent from the depressed first quarter to a total of 634.3
tonnes, the World Gold Council (WGC) said in its second quarter
report on gold demand trends.

Bear in mind honesty is a world issue.

Mr Yen seen signalling flashpoint on
bad loan mess

By Tatsuo Ito

TOKYO, Aug 19 (Reuters) - New threats of intervention by
''Mr Yen,'' Eisuke Sakakibara, may be a sign that Japan's bad
loan problem is reaching a critical stage and that authorities want to create a cushion for another fall
in the yen if a crisis should surface, analysts say.