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


To: Enigma who wrote (6882)7/25/1999 2:56:00 PM
From: Zeev Hed  Read Replies (1) | Respond to of 82047
 
D. It takes a long time to reverse a three thousand or more year course where gold was the currency or backing currency, what the gist of my ramblings is, it is a new world and the CB's are slowly divesting themselves of that asset since it will not be part of a currency "backing" scheme in the "new world". I was trying to demonstrate that what seemed to work 60 years ago (and really did not too well) does not have a chance to even work, less so to be adopted by enlightened nations. The age of the golden calf is finally over.

Zeev