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 : Euro Impact on Gold, USD ... -- Ignore unavailable to you. Want to Upgrade?

To: banco$ who wrote (91)	12/1/1998 8:14:00 PM
From: banco$	Respond to of 289

WSJ article #2 did not detail conversion risks, only "ominous" warning. The theme of this article is an array of risks, I misread the headline as specifically about the conversion process. "Conversion to the Euro But it isn't just the dates on either side of the year end that raise concerns. Dec. 31 itself is looking ominous. It is the day, for one thing, that the Euopean Commission fixes the conversion rates for 11 European currencies unifying into common currency, the euro. No one speaks with certainty on what this unprecedented leap into monetary union will mean for global currency and debt markets." (Wall Street Journal, 30 November 1998) Pg. B9A "Conversion to the Euro Is Among Risks Facing Investors Through End of 1998" (subheadings) -Conversion to the Euro -Aversion to Risk -Long Holiday Weekend (posts 50, 72, 73 & 90 relate to conversion & redenomination)