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

To: long-gone who wrote (27459)	2/1/1999 8:32:00 AM
From: lorne	Respond to of 116753

Brazilian media reported that the IMF team will demand that Brazil's government raise annual interest rates to 70 percent from 37 percent now as part of the credible monetary policy. Brazil has already raised rates three times in two weeks. dailynews.yahoo.com

To: long-gone who wrote (27459)	2/1/1999 8:39:00 AM
From: John Hunt	Respond to of 116753

The Davos Network (re Private Gold Talks) << Hugh Morgan has come to Davos to talk up gold -- and the Western Mining chief executive will do a lot of that by the time the six-day annual meeting of the World Economic Forum ends today. Morgan's most important gold discussions, however, will not happen on the conference floor but in a hotel room nearby. He and other multinational gold miners were due to meet privately yesterday with the 11 central bankers who have also made the journey to this Swiss Alp resort, among them the European Central Bank president Wim Duisenberg and German Bundesbank chief Hans Tietmeyer. "It will be an off-the-record discussion about the role of gold in the currency system, the management and intentions of the central bankers, as well as what's happening at the European Central Bank," said Morgan, who will be seeking assurances that Europe's bankers do not plan to upset the gold price by selling down their gold reserves. "For a gold miner, [the meeting] will be of tremendous commercial and business value." -- cont'd -- >> afr.com.au Nothing like a little 'wink-wink' between friends.