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To: Peter V who wrote (4521)	10/22/1998 11:52:00 AM
From: Snowshoe	Read Replies (1) \| Respond to of 14427

Euro Vision: Sentiment Strengthens for Bundesbank Rate Cut By Ned Stafford Special to TheStreet.com 10/21/98 7:26 PM ET FRANKFURT -- Europe's economic noose today tightened further around the necks of Bundesbank President Hans Tietmeyer and European Central Bank President Wim Duisenberg. And with every tug on the noose, the chances increase that the Bundesbank -- as well as the Bank of France and other core Euroland nations -- will cut rates. Tietmeyer and Duisenberg were able to be monetary tough guys as stock markets plunged across Europe, but today's unexpected plunge in Germany's IFO September business climate index is a different story. Full story at: thestreet.com Seems to me that LT's dollar-crash/gold-boom theory depends on the Germans standing their ground while Greenspan continues to lower U.S. rates. Calls for a German rate cut are increasing. The European Central Bank meets Nov 3, and the Bundesbank meets Nov 5. Could be a critical week for the dollar and gold. The U.S. Fed meets again Nov 17. -Greg