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To: lorne who wrote (29726)3/10/1999 11:34:00 PM
From: PaulM  Read Replies (2) | Respond to of 116759
 
ECB Unlikely to Permit Gold Sales "for the Foreseeable Future"

"gold sales would undermine efforts to build up the strength of the new European currency"

"Gold sales would strengthen the U.S dollar's role as the world's currency..."

biz.yahoo.com



To: lorne who wrote (29726)3/11/1999 4:41:00 AM
From: Bobby Yellin  Read Replies (2) | Respond to of 116759
 
I just find this latest news release sort of funny..in terms of timing..ie the meltdowns that have already occurred..
does this mean that banks have hidden things that now are about to come out?
just curious



To: lorne who wrote (29726)3/11/1999 6:32:00 AM
From: long-gone  Read Replies (1) | Respond to of 116759
 
<<WASHINGTON (Reuters) - Wobbly global markets are likely to produce increased losses for U.S. lending institutions, federal regulators cautioned Wednesday in a joint letter advising banks to make sure their allowances for bad loans were high enough.>>

COOL!