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Politics : Dutch Central Bank Sale Announcement Imminent?
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To: long-gone who wrote (4552)3/19/1999 7:33:00 AM
From: Hawkmoon  Read Replies (1) of 81885
 
do you even understand the economic concept of scarcity driving worth?

I understand that concept to the same degree that I understand monopolistic control of a particular market.

And the CB's control the gold market, physically and psychologically, with their 14 year supply of gold.

Induced or artificial scarcity due to monopolistic control of a market can easily be met by increasing supply such as is being proposed with the IMF sales (which raises cash for debt relief to boot.)

Regards,

Ron
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