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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: Jim S who wrote (37145)	7/14/1999 8:01:00 PM
From: goldsnow	Read Replies (4) \| Respond to of 117024

Blair stands by British gold sales LONDON, July 14 (Reuters) - Prime Minister Tony Blair stood by Britain's programme of gold reserves sales on Wednesday despite weak world prices. Asked in parliament if it was right to sell off part of Britain's reserves, he replied, ''The gold price has been falling for two years, so in fact if it carried on falling and we didn't sell we would lose money.'' Britain last week held the first of five auctions of its gold reserves, sending bullion prices to fresh 20-year lows. Treasury Minister Patricia Hewitt said on Tuesday there were no plans to change tack despite protests from African gold-producing nations Hewitt said the problems of the gold producers were due to the long-term decline in the price of the metal, not Britain's decision to reduce its gold reserves.

To: Jim S who wrote (37145)	7/14/1999 10:02:00 PM
From: long-gone	Read Replies (1) \| Respond to of 117024

<<What I'm curious about is the multi-million dollar home she's looking for in New York. >> Profits from short gold? Close out the position just prior to starting the official "run for office"? Anyone know the rules on a blind trust for spouse of the President?

To: Jim S who wrote (37145)	7/14/1999 11:26:00 PM
From: Hawkmoon	Read Replies (1) \| Respond to of 117024

What I'm curious about is the multi-million dollar home she's looking for in New York. I guess the Clinton Legal Defense Fund has paid all the legal bills. Either that, or Her Herness doesn't think she will be held liable for those bills when she's single again? Jim, Jim.. Jim... Why do think she's running for office in the first place?? She gets to keep any remnants of the campaign contributions and she can expense the house payments as a campaign expense. Pretty clever, eh?? I think I might run for office someday. Losing could put me into a nice comfortable retirement in Hawaii...<VBG> Regards, Ron

To: Jim S who wrote (37145)	7/15/1999 8:59:00 AM
From: long-gone	Read Replies (1) \| Respond to of 117024

www4.law.cornell.edu (A) A trustee of a qualified blind trust shall not knowingly and willfully, or negligently, (i) disclose any information to an interested party with respect to such trust that may not be disclosed under paragraph (3) of this subsection; (ii) acquire any holding the ownership of which is prohibited by the trust instrument; (iii) solicit advice from any interested party with respect to such trust, which solicitation is prohibited by paragraph (3) of this subsection or the trust agreement; or (iv) fail to file any document required by this subsection. (B) A reporting individual shall not knowingly and willfully, or negligently, (i) solicit or receive any information with respect to a qualified blind trust of which he is an interested party that may not be disclosed under paragraph (3)(C) of this subsection or (ii) fail to file any document required by this subsection. (C) (i) The Attorney General may bring a civil action in any appropriate United States district court against any individual who knowingly and willfully violates the provisions of subparagraph (A) or (B) of this paragraph. The court in which such action is brought may assess against such individual a civil penalty in any amount not to exceed $10,000. (ii) The Attorney General may bring a civil action in any appropriate United States district court against any individual who negligently violates the provisions of subparagraph (A) or (B) of this paragraph. The court in which such action is brought may assess against such individual a civil penalty in any amount not to exceed $5,000. (if the only penalty is civil in nature and limited to a $15K "problem" , would this stop someone from breaking the law) (i) The provisions of subparagraph (A) shall not apply with respect to a trust created for the benefit of a reporting individual, or the spouse, dependent child, or minor child of such a person, if the supervising ethics office for such reporting individual finds that - (I) the assets placed in the trust consist of a well-diversified portfolio of readily marketable securities; (II) none of the assets consist of securities of entities having substantial activities in the area of the reporting individual's primary area of responsibility; (seem like a lot of ways out?) (vi) except for communications which solely consist of requests for distributions of cash or other unspecified assets of the trust, there shall be no direct or indirect communication between the trustee and an interested party with respect to the trust unless such communication is in writing and unless it relates only ... (would a distribution of bullion be acceptable?)