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Pastimes : CNBC -- critique.

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To: MangoBoy who wrote (2680)5/21/1999 11:44:00 AM
From: Jim McMannis  Read Replies (1) of 17683
 
I suppose you will agree that there is no such thing as manipulation since that's "the way it's supposed to be" in a free market?
Maybe Manipulation is the wrong term. Duped might be better.
Fact is that the European nations are exchanging gold reserves for cash to support the paper "Euro". Gold for paper. Sounds like when it's over there will be no safety net to hold up the loser "Euro". Rather scary if you ask me. And who is buying the bulk of this gold?
US Treasury maybe? Is this where you want your tax dollars going, to support worthless paper from foreign powers?
Do you not see a problem with all this?

Jim
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