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

To: banco$ who wrote (196)	1/4/1999 12:27:00 AM
From: Zardoz	Read Replies (1) \| Respond to of 289

"It is unlikely that Europeans harbor any predetermination to tank their own currency, however, they will have to address sharp deviations in euro exchange rates vis-a-vis major world currencies." No, I think that after about 30 days, you will see the devaluation of their currency beginning. Not in a total collasping depreciation, but as a gentle easing down of the currency status to that, maybe approaching .90-0.95 with respect to USD {from .85XX or so}