SI
SI
discoversearch

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


To: John Hunt who wrote (23166)11/19/1998 12:11:00 PM
From: Giraffe  Read Replies (1) | Respond to of 116791
 
From Financial Times:

Andy Smith, analyst at Mitsui Bussan Commodities, said: "On undemanding assumptions, the bullion embodied in a gold E100 would exceed that in all commemorative Japanese coins [700 tonnes], the entire issue of krugerrands [more than 1,400 tonnes] and even that in all the Napoleons [French gold coins] issued between 1865 and the first world war [13,000 tonnes]."

He pointed out, however, that the proposal had previously been considered, and rejected, by the European parliament.

"For the past 25 years European politicians have been haggling over an acceptable compromise for the content of chocolate. If the definition of a single European bar proves so sticky, what chance quick progress on a gold euro coin?"



To: John Hunt who wrote (23166)11/20/1998 1:36:00 PM
From: John Hunt  Read Replies (2) | Respond to of 116791
 
Russia wants new credits to repay IMF, World Bank

biz.yahoo.com

<< Russia hopes to borrow new money from the International Monetary Fund (IMF) and the World Bank to refinance debt to these and other international organisations, Deputy Finance Minister Mikhail Kasyanov said on Friday.

''The government hopes the volume of funds that can be given by the International Monetary Fund and the World Bank to support the government's economic programme -- this money will be enough at least to repay liabilities to international financial organisations on existing 1999 payments,'' Kasyanov told Reuters. >>

No problem ... I will just go down to the bank and get an advance on my credit card to make my credit card payment.

hmmm .....