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

To: Broken_Clock who wrote (18292)	9/9/1998 11:42:00 PM
From: PaulM	Respond to of 116900

Papaya, no the dollar call wasn't a good one. Tonight the S Franc trading below 1.4 per dollar, ECU at .866 per dollar. In light of these moves, gold is performing horribly against the European currencies. But how long can that last? The massive short position must come face to face with a steadily declining dollar on the one hand, and CB's unwilling to supply gold in unlimited quantities on the other. P.S. And how long can the U.S. long bond hold up under these circumstances?