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

To: d:oug who wrote (6445)	6/16/1999 3:05:00 AM
From: Zardoz	Read Replies (1) \| Respond to of 81980

Just in time for the millennium 2000 to arrive, gold standard or not, which will it be, light or darkness to arrive. Millennium? oceanstar.com In the struggle between good and bad it is possible that the bad may gain control and keep it "forever", but if so the quality of life will deteriorate until those in control will have layed waste to civilization and resulting in a land of no law and order but only a rule of force, whoever has the biggest gun or strongest muscle or best at con'ing others to do their bidding. You've just discribed USA. Now, am I the good or the bad? This is why Hutch stays mostly technical in his posts, as he believes what he says is correct, but he knows deep down that if all he understands as being the way things are done, then the human race is done for. So Hutch will post that which "gets the job done" for survival of himself and close ones, but he knows that others with a better grasp of what he knows would destroy him as the strong destroys the weak when force is used over thinking. If you only knew, what I know. If you only seen, what I saw. If you only lived, the life I've lived. Then you'd know that I fear nothing. When you go home at night and kiss your children, you fear everything around you. When you drive through the city, you lock your car doors. When you walk on the streets you fear the people around you. But truth be told, and it always is, silence is the killer. #reply-10104681 {I'm still creating a reply to that post} Statisticians prove everything they'd like to prove. The next week a new group of statisticians proves the previous ones wrong. Truth is the first casualty of war. Which war? Truth always exist during this time; and we should always seek it. While studying engineering, I took a course called "Lying with Statistics". I could prove anything. But that said, it wouldn't be true. And then anyone could disprove it. Why is it that when I talk of the Technical merrits of gold, that noone has proved me wrong? What is the BOTTOM line of production cost on the producers hedges. Have you ever searched for truth, and would yo know it when you found it?

To: d:oug who wrote (6445)	6/16/1999 5:56:00 AM
From: Zardoz	Read Replies (1) \| Respond to of 81980

Gold is a beautiful shiny metal with no inherit value except that which aquired by the markets. Within the conspiracy beliefs systems many suspect that the US Government via the FRB has been selling gold into the markets in vain attempts to demise the price of gold. Yet when confronted for proof, they lack the ability to PROOF anything. For your consideration: Ever week the Federal Reserve Statistical Releases shows whether the F.R. Banks via the Factors Affecting Reserve Balances post a Condition Statement of F.R. Banks. This list how much Gold stock & Gold certificate account remain. By gathering the data, and plotting it in comparision with the Price of Gold, you can develope a chart. Care to forward this to GATA? bog.frb.fed.us Might I suggest a close look at the Gold Stock from the first to the last date. The volume shows a total $3M {stock} dollars difference, which using a POG of $300/Oz is an insignificant $26.5M Dollars. So what of the selling? This chart shows when they bought, and the POG during that time: members.xoom.com Looking at the chart, you could say that the FRB supports the POG with the exception of Sep 97... But look closely at Aug 98, the FRB made a $4M {Stock} dollar buy of gold, BEFORE the pog rose {they bought at $278} So they made the bottom in the POG. So, that being said, and you can now go search the data yourself; gold has been at best supported by the FRB or at worst, ignored by them. But really none of it is important. Now GATA should look over the waters. And I TOLD Bill: Britain has manipulated gold before. I can't help it if these GATA people are hopeless in finding the proof. I know when, and where to look. But dammed if I'm going to help them. Makes me wonder what Bills qualifications are? It's obvious he doesn't have good helpers. Any good futures trader would tell you that Britain uses gold and silver to control their currency. And what of Britain: #reply-10115533 Is this why the BOJ {Japan Inc} bought: US Dollar, CAD Dollar {depends on volume?} Sold or ignored: Euro, Pound, Aussie or gold? because its principles remain sound. And Euro-land region don't To lower the YEN, they could have bought gold? But I'd say the price would be much higher. But that said, they could have bough a fair amount of silver. Britain is attempting an active depreciation of their currency. BOJ knows this, so why buy the pound. They could, if they wanted to sell YEN, buy anything Yet they ignored the pound and Euro. WHY? Bonds my friends... Why are rates going to go above 6.25% in the following days? Well unless the CPI comes out with a good surprise, the Japanese investors are slowly liquidating their US bond holdings. And this is gradually causing the YEN to appreciate, and the US bonds to sink. BOJ attempted to slow, or stall this. And intervention doesn't work. If the CPI is a buster, you can expect a hole lot more of dumping {I'm counting on it} Once the CPI comes out, I may dump the little gold stock I own. But either way it's a 4 week game till the next CPI comes around. Watch that M2 data... it'll tell you what CPI will be. I expect higher. And the Euro? Well when they come out of their recession, I'll buy. ca.finance.yahoo.com