Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Cartaway resources -- Ignore unavailable to you. Want to Upgrade?

To: John Paquet who wrote (2151)	10/2/1998 10:47:00 AM
From: John Paquet	Respond to of 2505

Yes, Dow continues to slide, Dow downed 100 now down 72 as Clinton spoke on world economics. Clinton stressed that the World Bank and IMF is indeed great urgency that US inject lots of fresh cashes into IMF. G7 plus G15 emerging countries will meet in Washington this weekend to constrct some sort of financial architeture to stablize this crisis. Rubin and Alan Greenspan will be the chief architets, Clinton will address the IMF as of Monday. Gold hit new hi, US dollar hit new low XAU hit new hi very much above 80.50 Pdg traded @ 23.50 Some small penny mining stocks have moved up sharply, except CWA and DML. Dow stocks [equity] will keep sliding to 7400 oe 7000 and beyond for the following reasons: 1. global stock market sell-off global crisis 2. recession [world-wide] [promting global easing very inflationary in the long run.] 3.corporate profits drop 4. credit crunch 5.hedge funds debacles and hedge funds rumors [lots of them are coming beside LTCM}