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To: Ahda who wrote (17377)9/3/1998 1:17:00 PM
From: Gary R. Owens  Read Replies (1) | Respond to of 117019
 
Wow, not sure what lit the fire under gold at 11 AM but I like it.eom



To: Ahda who wrote (17377)9/4/1998 5:30:00 PM
From: Ray Hughes  Read Replies (1) | Respond to of 117019
 
Darleen: Agreed, USD may have topped. Efforts to make Euro a real reserve currency should lead to selling of dollar reserves, buying of Euro with proceeds in order to make Euro look good vs USD. That leads to dumping of Euro-dollars. I suspect G-7 deems a lower USD as necessary to stem new round of competitive devaluations.

RH