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lee kramer

07/01/03 9:25 AM

#125160 RE: Zeev Hed #125133

Hi Zeev: As an astute fellow can you settle an argument in my trading room. I say the market closes tomorrow, Wednesday at 1:00. Another fellow who I won't name [Plugger] says it's Thursday. We're about to come to blows. So, is it Wednesday or Thursday? A lot of money rides on your answer.
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Culmus

07/01/03 10:44 AM

#125222 RE: Zeev Hed #125133

When the EU will fall apart?

They are still busy growing the number of members while not having anything remotely resembling a common basis to build on like common tax levels, certain laws and other administrative stuff of all sorts. It's hard to say but I would guess around 2006, maybe even a bit earlier there will be signs of "disharmony".

Culmus
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CoalTrain

07/01/03 6:05 PM

#125559 RE: Zeev Hed #125133

6 months to 6 years. If and when it does fall apart seems that gold will do quite well. Wihout political union I think monetary union is impossible for long in a bad economy.

CT