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


To: ForYourEyesOnly who wrote (6441)6/16/1999 11:29:00 AM
From: Hawkmoon  Respond to of 81967
 
*Mr. Neil Hewitt, a gold consultant to Goldman Sachs, "It seems that we have to accept that gold is perceived to be no longer unique. We cannot just sit back and hope that it will sell itself as it used to. Gold must be advertised, marketed, promoted , sold like any other prestigious high quality merchandise."
*Mr. Kelvin Williams of Anglogold, "Gold producers have to stop taking demand for granted, 70 percent of gold producers spend not only cent on their product."


Fine analysis that dovetails with the increased advertising we're seeing comparing gold to a Y2K safe-haven.

It isn't. Cash (US cash) will be king in a deflationary spiral where debts are defaulted upon and prices for goods and assets plunge.

Regards,

Ron