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To: Hawkmoon who wrote (26158)1/14/1999 10:11:00 AM
From: Enigma  Respond to of 116764
 
Homestake was a stellar performer in the 30s. E



To: Hawkmoon who wrote (26158)1/14/1999 10:41:00 AM
From: long-gone  Read Replies (1) | Respond to of 116764
 
Don't know about Kennedy, I've heard the story, but don't know about their metals timing.
here is the link, if you would rather, I can e'mail what I've got to you.
rh
exchange2000.com



To: Hawkmoon who wrote (26158)1/14/1999 3:17:00 PM
From: Alex  Respond to of 116764
 
ECB'S PADOA-SCHIOPPA: GLOBAL FIN ENVIRON 'NOW VERY UNSTABLE'

     BRUSSELS (MktNews) - Tommaso Padoa-Schioppa, a member of the European Central Bank's executive board, said that the "international financial environment has become, in these very hours, very unstable and full of risks".

     The Italian central banker said that "prospects of a very strong European recovery have become weaker".

     Padoa-Schioppa also referred to the political environment which has grown more difficult, an apparent reference to Continental Europe's shift to the centre-left following a sustained period of small-c conservative politics.

     He made his comments at the end of a presentation to a seminar here on the launching of the euro.

     He made no specific reference to the events unfolding in Brazil, rather his comments had a broader sweep, comparing conditions today with those that were anticipated 12 or 18 months ago.

[TOPICS: MNSEMU, M$$EC$, MI$$$$]

08:27 EST 01/14

© 1999 Market News Service, Inc.

economeister.com



To: Hawkmoon who wrote (26158)1/14/1999 4:00:00 PM
From: Investor-ex!  Read Replies (1) | Respond to of 116764
 
Hi Ron,

I feel it is "safe" to assume that most (or at least many) government central banks, reflecting upon past history, will not "allow" a full-fledged deflationary spiral. However, due to length and depth of the current shell game, there is always the possibility that even their best efforts to reflate will fall short, a la Japan.

The likely net result: a particularly virulent form of world-wide stagflation.

Don't necessarily count on any "bottoming" action. The reflation will occur preemptively. Like it is right now. :o)