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To: Alex who wrote (31681)	4/13/1999 4:09:00 PM
From: long-gone	Read Replies (1) \| Respond to of 116790

Imf & gold sales? (not only the "I" is in Caps now): exchange2000.com Look at my posts on the dutch thread. trying to keep us beat down, but market is now closer to understanding that IMF sales would be between 1/2 and 1 months demand only! The Jerks are failing! F%#& them. rh exchange2000.com

To: Alex who wrote (31681)	4/13/1999 6:34:00 PM
From: goldsnow	Respond to of 116790

Gold higher in Europe after clashes in Albania 10:57 a.m. Apr 13, 1999 Eastern LONDON, April 13 (Reuters) - Gold firmed in late European trade on Tuesday as short covering followed news of clashes in Albania involving Serb forces. ''The Serbs going into Albania might spook the gold market and the rest of the financial markets. That one obviously got everybody a little spooked,'' one London bullion dealer said. Gold was last quoted at $283.70/$284.20 a troy ounce against the $282.60/$283.10 close in New York. It was fixed in the afternoon at $283.45, up from $282.50 earlier. Traders said gold was further supported by firmer base metal prices and a higher Australian dollar. ''The Aussie dollar strength makes the Aussie dollar gold price reasonably attractive down here, base metals had a good rally this afternoon and we are just picking up strength from other areas,'' the dealer said. The gold price firmed on Monday on short covering after the latest CFTC Commitments of Traders report showed funds on COMEX had a net short position of around 9.16 million ounces of gold. T Hoare & Co metals analyst Rhona O'Connell said the physical gold market remained underpinned by consistent reports of strong retail demand in North America. ''Reports about inordinate strength in physical enquiry in the South Asian region is now also being borne out by press reports, citing particularly the imminent wedding season celebrations in India, which is always an important period of demand,'' O'Connell said. But she said the market remained wary of selling at higher levels. ''Despite the overall improvement in sentiment, the market remains cautious of overhead selling and the upper end of the prevailing range is still around $290.00,'' O'Connell said. Silver remained under pressure and was last quoted at $4.90/$4.93 a troy ounce, just down from the New York close on Monday at $4.91/$4.93. Platinum and palladium also firmed with gold on fears over heightened tension in Kosovo. Platinum was last quoted a dollar higher at $360.00/$362.00, and palladium was quoted at $365.00/$370.00, up from Monday's New York close at $363.25/$368.25. ((Marius Bosch, London newsroom +44 171 542 8065, fax +44 171 542 8077. london.commodities.desk+reuters.com)) Copyright 1999 Reuters Limited.

To: Alex who wrote (31681)	4/13/1999 8:25:00 PM
From: goldsnow	Respond to of 116790

Danube shippers lick wounds as NATO blocks river 10:28 a.m. Apr 13, 1999 Eastern By Julia Ferguson VIENNA, April 13 (Reuters) - Danube shippers face huge bills because NATO bombing has blocked the vital waterway in Yugoslavia, leaving tonnes of freight stranded and operators struggling to find alternative routes. NATO raids have wrecked three Danube bridges in northern Yugoslavia spanning Europe's longest waterway, which at 2,400 km links western Europe to the Black Sea and is a vital export route for central European economies. Barges are stranded either side of the blocked Danube, running up hefty losses for shipping operators and companies whose freight lies idle. Shippers are scrambling to find other transport methods, but these are proving a logistical nightmare. ''Customers are looking for alternative transport by truck and rail while ship operators are redirecting some cargo to North Sea/Black Sea routes,'' said a spokesman at Gerhard Meier. The German group, which owns Schiffahrtsgesellschaft Bayerischer Lloyd in Regensburg and DDSG Cargo in Vienna as well as Hungarian and Slovak subsidiaries, operates 155 river barges with a combined capacity of 210,000 tonnes. ''Usually, some 10 million tonnes of transit shipments go through Yugoslavia each year but nothing is moving at the moment,'' he said, adding that transit of coal, ore, steel, grains, feeds and building materials were mostly affected. DDSG Cargo, Austria's main shipping company, said it had 33 barges stranded in Romania, 13 in Hungary and one in Yugoslavia. DDSG chief Herbert Petsnig said southbound vessels in Hungary were reloading onto rail while northbound ones in Romania, largely laden with iron ore, stood idle. ''We are seeking opportunities to reload over the next few days and have to find alternative transport. But ships must move to another port where reloading is possible,'' he said. ''We must do something,'' he added, as the company itself was not insured against damage from war, only its vehicles, and was running up daily losses of around one million schillings. The Austrian shipper reckoned it would take at least half a year after the end of the conflict for Danube traffic to resume flowing through the northern tip of Yugoslavia. He said he feared the burden of paying for the reconstruction of the bridges would be borne by the shippers. ''The Yugoslavs will say 'We didn't destroy them', so we will all have to pay,'' he said. In Bulgaria, Dimitar Stanchev, chief of the Bulgarian River Navigation Authority, said the country's monthly revenue from river transport was expected to slump to $204,600 from $613,800. Overall traffic on the Danube, which trickles out of the Black Forest in Germany and gushes out into the Black Sea by Romania, peaked at 100 million tonnes in 1987. But it collapsed along with the Soviet Union, and the embargo against Yugoslavia during the Bosnian conflict, falling to around 19 million in 1994. It has since recovered and transport analysts had been forecasting annual growth of around 1.5 percent over the next 15 years thanks to the cost and environmental advantages of river traffic. Copyright 1999 Reuters Limited.