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To: lorne who wrote (35474)6/17/1999 7:55:00 AM
From: long-gone  Respond to of 116764
 
<<HOMESTAKE CEO: CENTRAL BANK GOLD LENDING MAY BE NEARING END
New York--Jun 16--Gold lending by central banks has been a key reason
bullion prices have been taking a beating, but this may soon be coming to an end as banks are running out of gold to lend, Homestake Mining Co. CEO Jack Thompson said in an interview with Bridge News. Thompson said gold is close to bottoming out not only for this reason, but because demand is very robust.>>
Been saying this is coming, harder to lend it if they don't own it or have it. Also glad to see Jack speaking out!



To: lorne who wrote (35474)6/17/1999 7:58:00 AM
From: John Hunt  Read Replies (2) | Respond to of 116764
 
IMF Gold Sales a Flawed Proposal

<< Proposals for the International Monetary Fund to sell 10 per cent of its gold(1) to assist debt relief among the world's poorest countries are flawed, according to a newly-published analysis by the World Gold Council(2) ... more ... >>

biz.yahoo.com

*****

Morning Lorne,

Also check out this scary OT item

Pentagon Unloads Armor-Piercing Sniper Bullets as 'Surplus'

<< In the Gulf War, U.S. troops armed with the .50-caliber sniping rifle were able to blast crippling holes in Iraqi tanks from more than a mile away.

Since then, a little-known U.S. Department of Defense program has made surplus .50-caliber armor-piercing ammunition available to the American public, according to a congressional report released today.

The ammunition was designed to destroy military aircraft, vehicles and bunkers, states the report, prepared by the U.S. General Accounting Office (GAO) at the request of Reps. Rod Blagojevich, D-Ill., and Henry Waxman, D-Calif.

"In effect ... the U.S. military is indirectly arming civilians with some of the most powerful and destructive ammunition currently available," the report states ... more ... >>

apbonline.com

I guess nobody is in charge again! ... Why worry about Bin Laden when Joe Sixpack can take out a tank.

:-((

John




To: lorne who wrote (35474)6/17/1999 8:00:00 AM
From: long-gone  Read Replies (2) | Respond to of 116764
 
I was shocked he is talking to me. Guess I'm getting "their" attention.



To: lorne who wrote (35474)6/17/1999 6:47:00 PM
From: John Hunt  Respond to of 116764
 
India puts navy on alert to counter Pakistani buildup

<< While Indian artillery pounded rebel positions in disputed Kashmir, its navy went on alert in the Arabian Sea Thursday to counter what it said were ''tactical deployments'' by rival Pakistan's fleet.

The maneuvering at sea and continued fighting raised concerns the conflict over the remote and sparsely populated Himalayan territory could expand to other fronts ... more ... >>

abcnews.go.com