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

To: Alex who wrote (18447)	9/11/1998 7:06:00 AM
From: Mark Bartlett	Read Replies (1) \| Respond to of 116796

Alex, <<BRAZIL'S government and financial markets were in turmoil yesterday as the country faced the prospect of devaluing its currency and a return to the economic chaos it has struggled so hard to escape.> > Yep - things in South America are not looking good. Many of us here predicted the unwinding of the bull months ago - and it is happening pretty much as we thought ... perhaps we should be on CNN <G>. I am not optimistic in the least if Brazil goes, it may start a chain reaction of other S/A countries. Th IMF well is pretty much dried up - so there is not much hope left - not that the IMF interventions were all that helpful. In any event, it's going to be an interesting few weeks as we move into October. Best to you, MB