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To: long-gone who wrote (21759)10/15/1998 9:46:00 PM
From: goldsnow  Read Replies (1) | Respond to of 116764
 
Richard, if will break $301 Prudential may need to look for cash, elsewere...:) Could end-up $5-10 on upside by Friday NY close....



To: long-gone who wrote (21759)10/15/1998 10:00:00 PM
From: goldsnow  Respond to of 116764
 
''But in the longer term it may also mean the world is beginning a reflationary cycle, which may also make gold more attractive,'' he said."
dailynews.yahoo.com



To: long-gone who wrote (21759)10/15/1998 10:32:00 PM
From: banco$  Read Replies (3) | Respond to of 116764
 
Wall Street Journal, 10/15, pg. A22 feature editorial "Time for a New Bretton Woods." Central caption - "Let's shift economic power away from government and back to the people by guaranteeing the value of money, preferably through a global gold standard."

Nearly a half page in length with strong emphasis on gold backed currency.



To: long-gone who wrote (21759)10/16/1998 12:42:00 AM
From: PaulM  Read Replies (2) | Respond to of 116764
 
Six Month Moratorium on CFTC Regulation of Derivatives

"The moratorium was triggered by complaints that the CTFC would intrude on other regulators and disrupt OTC derivatives"

biz.yahoo.com

What other regulators?? Isn't a bit shocking that after the LTCM bailout congress' only response is to PREVENT an agency that wants to regulate derivatives from doing so?

The FED's consistent position on non-regulation of hedge funds and derivatives, the dangerous derivative position these hedge funds took, and the FED's LTCM bailout...all these smell pretty bad....

I have a feeling the FED take will care of the hedge fund problem for good before the sicx months is up. They will be regulated right out of business for the sake of their creditor banks.