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Politics : Dutch Central Bank Sale Announcement Imminent? -- Ignore unavailable to you. Want to Upgrade?

To: Mark Bartlett who wrote (6368)	6/14/1999 11:02:00 PM
From: Hawkmoon	Read Replies (3) \| Respond to of 81943

I question the truth in this statement .... you have a reason for being here .... if you were truly apathetic, you would not waste your time here Why do you waste YOUR time here?? Personally, I bookmarked this and the GPM thread months ago in order to peruse it from time to time in order to understand the gold market and how is impacts monetary policy. Nothing more.. nothing less. In fact, right now I have 4,137 unread posts on the GPM thread that I haven't bothered to read either. Besides, those who follow my posts know I've been hanging out on the Kosovo thread. The reason I hopped back onto this thread was because I only had to catch up on some 500 posts. That's the problem with you Goldbugs.... you damn well know that the gold bears are right and have been for 11 years. You really resent it when we slap you with the reality of your situation and rail against having to subsidize an entire industry. So you make up any conspiratorial reason that comes to mind to justify trashing the purveyor of an argument you can't logically debate. I pity you all. Mark, you question the truth of that statement about subsidizing gold, but JUST HOW THE HECK DID THE FED COME INTO POSSESSION OF ALL OF ITS GOLD IN THE FIRST PLACE?? They had to purchase it from gold miners in order to be able to expand the money supply that drove economic growth. If they couldn't mine it fast enough, they faced a choice of either printing an excess of dollars against their gold reserves or restricting economic potential until enough gold had been mined and purchased by the banks. Doesn't that sound like a subsidy to you?? If not, then just what the heck is it?? Regards, Ron