Clown-Free Zone... sorry, no clowns allowed Message Board

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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: mishedlo who wrote (141823)	1/8/2002 10:06:55 PM
From: patron_anejo_por_favor	Read Replies (1) of 436258

<<Explain the leasing scam to me.>> Essentially, it involves central banks lending gold to speculators to sell on the open market, depressing the market price and thus elevating their fiat currency values relative to gold. Some banks (BOE, Switzerland) have taken to announced, scheduled open market sales (which is fine, since everything is aboveboard and all their citizens understand what's being done and why). Not so with US gold sales (which, contrary to one of Zeev's post, do NOT require congressional approval to occur). It gets a great deal more complicated than that, but that's the reader's digest version. If you want some more details, here's a peek: groups.yahoo.com I really don't intend to debate this again with Zeev or anyone else, as it's been done before. At some point you decide to believe it or you don't. I do.

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