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To: lorne who wrote (35281)6/13/1999 9:30:00 AM
From: John Hunt  Read Replies (2) | Respond to of 116790
 
Bloomberg - Bank Gold Sales to Equal at Least Nine Months' Output; Lower Prices Seen

<< London, June 13 (Bloomberg) -- Central banks and the IMF are likely to sell gold equivalent to at least nine months' global output within five years, squeezing mining companies profits and pushing prices below current 20-year lows, analysts said ... more ... >>

bloomberg.com

Morning Lorne,

These guys must be desperate to keep pushing old news that is largely discounted by the market already ... If the price doesn't close lower tomorrow on their games, I would think there will be an explosive upside move when speculators realize that the emperor has no clothes.

BWDIK.

John



To: lorne who wrote (35281)6/14/1999 8:06:00 AM
From: John Hunt  Read Replies (1) | Respond to of 116790
 
OT? - The government's secret slush funds

<< At a time when Americans are forced to dig deeper than ever in their pockets to pay the high cost of government, politicians and bureaucrats at all levels of government -- local, state, and federal -- are sitting on tens of trillions of public dollars stashed away in secret "slush funds," a WorldNetDaily investigation reveals.

All levels of government conceal the existence of these vast sums of money by keeping and filing what amounts to two sets of financial books -- one for the general public, which shows a very limited revenue stream, and the second, for political insiders, bond brokers, investors and the like, which reveals the money hoards and gives an accurate account of a government's income.

There's enough money in these hoards -- largely the result of aggressive investing on the part of government -- to pay off the $5.6 trillion national debt and the accumulated state and local debt many times over, plus cut everyone's taxes for years to come, according to Walter Burien, a former Wall Street commodities trader, whose revelations -- on talk radio and the Internet -- about government finance practices have sparked a nationwide firestorm of public outrage over an arcane, hitherto all-but-ignored subject ... more ... >>

worldnetdaily.com

*****

Morning Lorne,

Ever wonder why politicians run for office?

< vbg >

John