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To: Zardoz who wrote (25113)	12/31/1998 5:29:00 AM
From: Bobby Yellin	Read Replies (3) \| Respond to of 116779

rofl--I have a hunch you will be be one of the first to call the turn if it ever occurs in our lifetime..(hopefully next year) again thanks so very much for your out of sight comments.. ps..wonder who controls the government..it seems that allowing big mergers speedier than ever...wonder if the government wants to insure "world supremacy" in US corporations-funny how many had written that power would be in the East in 2100 century..wonder how many more layoffs are coming --wish I had the percentage of multinational conglomerates with bases in USA bobby- an early happy new year

To: Zardoz who wrote (25113)	12/31/1998 8:00:00 AM
From: Bobby Yellin	Respond to of 116779

any comments re Japanese interest rates..could this be considered a c change..hasn't Japan flooded the world in the past years with cheap money(which obviously didn't do what the Japanese wanted to do to bail themselves out) which might have had the major part in this financial bubble..(and Rubin road the coattails? since it helped corporate America to pay cheaper interest payments etc) and created the huge inflation in financial assets which isn't included in measuring inflation..which has helped to keep gold down.. stocksite.com also wonder if they won't be announcement from Europe that they were going to lower gold reserve to 10 % or are they waiting to see what happens.. also curious if Interventionist Rubin is going to change his policy towards gold if Euro gets to strong..what better way than to start making gold rise and lead more people to question currencies as the Euro is in its birth ps I would love to find out if the wealth effect has come from trickle down economics and "productivity" or wealth from capital gains from the stock market

To: Zardoz who wrote (25113)	12/31/1998 8:23:00 AM
From: Enigma	Read Replies (2) \| Respond to of 116779

Hutch (re puts) "But I couldn't CARE if Gold jumped $100/oz, as I would PILE on more" Rather a curious comment don't you think? E

To: Zardoz who wrote (25113)	12/31/1998 9:39:00 AM
From: yard_man	Respond to of 116779

I know I ask this before but I lost the link -- links to charts of daily platinum prices?

To: Zardoz who wrote (25113)	12/31/1998 9:42:00 AM
From: Alan Whirlwind	Read Replies (3) \| Respond to of 116779

""I own option puts...But I couldn't CARE if Gold jumped $100/oz..." If gold jumped $100 the Hutch would be cleaned out. "...I would PILE on more." Where, in the hutch?

To: Zardoz who wrote (25113)	1/1/1999 12:39:00 PM
From: goldsnow	Respond to of 116779

Do you think that Russians might shift some of their mega-billion illegal holdings in Zurich into the Euro denominated instruments? Euro could eventually displace dollar But for now, most Russians are still suspicious By Margaret Coker, CBS MarketWatch Last Update: 9:38 AM ET Dec 31, 1998 More on the Euro MOSCOW (CBS.MW) -- Russia made last-minute preparations Thursday for the 1999 launch of the euro, with economists predicting the new European currency could greatly boost trade with the European Union. But in Russia, where the U.S. dollar is considered king, the euro is being greeted with suspicion by some businessmen. "Maybe the euro will collapse; who knows now what will happen with the euro," said Vadim Zuikov, spokesman for major Russian importer Uniland. "For now we keep working like normal and change nothing." However, government officials believe Russia's growing reliance on the EU for goods and financial support means the euro could dislodge the dollar as the country's major hard currency. "Russia will be affected [by the euro introduction] more than other countries because of its tight economic relations with the EU countries," Central Bank Deputy chairman Oleg Mozhaiskov said in October. Some 50 percent of all Western trade is conducted with EU nations and about 40 percent of Russia's foreign debt is denominated in European currencies, according to the Finance Ministry. Currently, the dollar is used for 80 percent of all trade transactions and accounts for 90 percent of the state's reserves, according to Central Bank figures. Mozhaiskov said that the euro will give Russian businesses the burden of reassessing the terms of their hard currency contracts and their interest payments on loans with European partners. However, one economist said the potential for improved trade made the trouble worthwhile. Lev Makarevish, an expert at the Association of Russian Banks, predicted the euro will slash import costs by 30 percent to 40 percent by stimulating competition and simplifying transactions. "The fact that all payments in Europe will now be conducted in one currency will simplify the calculation of the expenses and taxation, cheapen conversion and imports," he told the Moscow Times newspaper. "The market will become more liquid, more transparent and more reliable -- which is very good for both exporters and importers," Makarevish said. Others like Uniland's Zuikov are taking a wait-and-see approach. "We think that nothing will change including the prices, at least shortly," he said. "But let us wait and see how the euro will establish itself against the dollar." The Central Bank announced it has established a code for the euro - 978 EUR - and will begin setting ruble-euro exchange rates on Jan. 1, using the euro-dollar exchange rate as its base. The Moscow Interbank Currency Exchange will begin trading the euro on Jan. 10. cbs.marketwatch.com