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

To: IngotWeTrust who wrote (27228)	1/28/1999 9:04:00 PM
From: long-gone	Read Replies (1) \| Respond to of 116764

Hey, What happened to your "buddy" & mine Ron, his boss Greenspammmmmmmm (note how the m supply is growing) told him to lay off the gold bugs? If any of these guys could show me a 10,000 year history of the dollar working better than gold......

To: IngotWeTrust who wrote (27228)	1/29/1999 12:12:00 AM
From: Lalit Jain	Read Replies (1) \| Respond to of 116764

Hi Ole 49r, My Y2K preps are slow to progress. Everywhere I go, the things that I need for Y2K preparation are either sold out or have doubled in price (I really Greenspan when he says there is no inflation). I have been to a number of stores asking for generators, and am usually greeted with a cynical smile. SOLD OUT is the answer. "When will the next shipment" I ask. "Don't know - is the answer ! And yes I do need to stock up on food, coins, batteries, etc, etc. And yes, I do need to buy a few hundred ounces of the yellow. But the POG is too high right now. Please Dr. Greenspan, my buddy, could you please manipulate the POG to below a $100/oz, so I could buy a thousand ounces. Oh God, I love this yellow metal. It is always a pleasure hearing from you my friend. Regards, Lalit Jain

To: IngotWeTrust who wrote (27228)	1/29/1999 12:38:00 PM
From: long-gone	Respond to of 116764

Friday January 29, 8:58 AM EU, U.S. banana row brings crisis in trade body By Robert Evans GENEVA, Jan 28 - The World Trade Organisation seemed headed into crisis on Thursday as the United States and the European Union swapped charges of intransigence in their banana row and other countries accused both of undermining the four-year-old body. After four hours of what diplomats said was intense debate over how to handle the banana problem, a key session of the WTO's Dispute Settlement Body (DSB) was adjourned overnight after the EU called for an unprecedented procedural vote. Speaking to reporters, the ambassadors of the two trading superpowers gave conflicting accounts of what happened in the session, held like all debates in the WTO behind closed doors. The EU's Roderick Abbott said a large majority of countries supported Brussels' view that the United States was seeking to enshrine through the WTO a right to impose sanctions on other countries when Washington deemed they were breaking trade rules. But Rita Hayes of the United States said an EU call for a vote on whether the DSB had the right to consider a U.S. request for approval of retaliation against the EU in the banana battle had "frankly appalled" many other WTO states. Before the vote proposal was fully pursued, DSB chairman Kamal Morjane of Tunisia decided on the adjournment -- a move with which both Abbott and Hayes concurred. The squabbling left unresolved whether the DSB would grant authorisation for the imposition of 100 percent tariffs worth $520 million a year on EU goods for trade Washington says U.S. marketing firms have lost because of Brussels' banana regime. Hayes said the EU was using "every trick in the book", including the call for a vote, to avoid having to bring the regime -- a complex set of regulations on banana import and distribution -- into line with WTO rules. Abbott and other EU officials said Brussels was ready to face sanctions, but only after a WTO panel had decided -- by mid-April -- whether the regime in place since January 1 violated free trade accords or not. Washington insists the DSB cannot refuse to give the go-ahead for the tariffs, which it wants to put in place by March 3 at the latest. The issue of a vote certainly horrified some envoys and officials of the WTO, which since its launch in 1995 has taken all its decisions by consensus. "If this goes ahead, it could be the death knell of the system," one declared. But several ambassadors from both big and small powers, ranging from Canada to India, suggested the main threat to the organisation's future at this stage came from what they said was U.S. "unilateralism", according to several envoys. The text of an address to the DSB released by Canada's WTO delegation voiced Ottawa's view that what the body faced was "a request for retaliation after a unilateral determination of non-compliance by the United States". Diplomats said other countries backing this view, although separating the problem from any support for the EU over the substance of the banana dispute, included Japan, Indonesia, Norway and Switzerland as well as eastern European states. India, they added, suggested that the United States was seeking to establish WTO cover for its "301" trade legislation allowing it to impose sanctions on trading partners it deems are guilty of unfair practices. But Hayes told reporters the United States was defending all countries in the 133-member WTO by seeking to ensure that the EU did not itself create a precedent of avoiding implementing panel decisions -- as she said it was doing in the banana case. yahoo.co.uk