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

To: paul ross who wrote (25174)	12/31/1998 5:15:00 PM
From: paul ross	Read Replies (1) \| Respond to of 116779

'99 POG predictions anyone? Gold- High - 305; Low - 220; 12/31/99 - 250 Continued world deflationary pressures, threatened CB gold sales and US leasing of gold, and FED and other CB's failure to support gold as the price falls thru the 280 level will create another spike downward. Silver- High - 550; Low - 335; 12/31/99 - 400

To: paul ross who wrote (25174)	12/31/1998 5:50:00 PM
From: Hawkmoon	Read Replies (2) \| Respond to of 116779

Paul, I believe it was posted earlier or one similiar to it. However, one interesting point is that it took the a popular vote among Europeans to bring about the EMU. In exchange the ECB has to deliver something to each country's political leaders to sustain support for the Euro and higher taxes on corporations. I believe this will create considerable debate and instability in Europe in 1999 as politicians and the ECB attempt to find a middle ground acceptable to both parties. Jobs are the currency of politicians. Should the ECB create further unemployment, there will be considerable pressure upon them to alleviate it through lower interest rates. Lower rates will lessen the attractiveness of the Euro, and help to support the dollar. Regards, Ron