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To: Zardoz who wrote (37898)	7/27/1999 7:25:00 PM
From: Ahda	Respond to of 116760

Many earnings are looking good hutch so you could be very right. Y2k should be USA plus. Hutch m2 is not going to be accurate until September. I think i recall reading that for one reason or another they wern't going to track. I will try to find what i read darn iwished i kept better records.

To: Zardoz who wrote (37898)	7/27/1999 7:54:00 PM
From: Enigma	Respond to of 116760

<<That means that gold priced at todays price in dollars is 4-5% cheaper than it was before the dollar fell>> What a bargain it is now! Except: <<Gold should have climbed when the dollar corrected, but it didn't>> Well then are you telling me that it always goes in the opposite direction to the dollar? It doesn't. It should, but it ain't always the case. These abberations are what makes life what it is - a bit of a puzzle.

To: Zardoz who wrote (37898)	7/28/1999 1:17:00 AM
From: Hawkmoon	Read Replies (1) \| Respond to of 116760

PS: The dollar index should rise starting today! I concur. The lower consumer confidence numbers apparently reduced the fear of an interest rate hike. Tough for AG to argue with that. He'd rather have us be afraid, very afraid... <vbg> As for Japan, I concur. It is a major obstacle for them. If you think consumer confidence will be hurt here by Y2K fears, I'm predicted a graver situation overseas. Stocks may climb here in the US, but if people taper off their spending in the latter part of the year, adjust their portfolios out of sheer psychological fear, or we really have economic problems from Y2K, the contraction would likely hit stocks and send T-Bills higher as a safe harbor. I believe stock market turmoil overseas will definitely bleed over to our shores. The only question is how much will this fall shave off the Indices?? In any event, T-bills are a no brainer in my mind at these interest rates (artificially high, imo, due to excessive competition from corporate bond offerings and AG's jaw-boning, both Y2K induced.. :0). I'm hoping that overseas disruptions, financial or physical, won't nearly be as bad as many fear (including myself), but the inevitable business and credit contraction will deal with any inflation fears here. Your thoughts? Regards, Ron

To: Zardoz who wrote (37898)	7/28/1999 8:47:00 AM
From: Richnorth	Respond to of 116760

Your comments on HSL's plea (see below) will be greatly appreciated! gold-eagle.com Editor's Note: HSL is written by the world's highest-paid investment consultant, Chevalier Harry Schultz (Guinness Book of Records- International Editions: 1981-1997). The HSL was the leading gold advocate in the early 1970s, when it called the Great Gold Bull market. Interestingly, HSL is again bullish on gold. The International Harry Schultz Letter "The premier international financial, socio, geopolitical & philosophical newsletter" GOLD Never ask what's the gold price today? Always ask "What's the allowed gold price?" There is no free mkt price, yet. That day is yet ahead. So is a higher gold price. Both will likely come, if they do, as the result of legal suits brought against price-fixing, colluding NY bond & bullion dealers, by GATA (Gold Anti-Trust Action) with Bill Murphy as Sir Galahad, backed by lance-carrying anti-trust lawyers Berger & Montague, & flanked by crossbow archers firing poisoned truth arrows (deadly) via the internet, a weapon not hitherto available to suffering gold stockholders, honest futures traders, or gold mine companies. Who will pay for this attack on the price fixers? I hope you will. I want every gold shareholder to "tithe" for this cause. Donate 10% of the current value of your shares to GATA. With luck (& with truth on our side), your gold share values can rise 500%, making an investment in the truth-war a bargain, as well as richly satisfying to see the colluders put in their place, in jail or with mega-fines. Insiders are betting U won't send $. Prove 'em wrong & send donations to GATA, POB 885, Great Barrington, MA 01230. US fax: 413.528.6903 or 214.522.4432; e-mail: bfameyer@aol.com. Bill Murphy exposes price fixers & explains gold/bond action & IMF idiocies daily via e-mail. Web address: www.lemetropolecafe.com. •Demand that gold mines U own support GATA too! •Another great gold e-mail service, free, via www.gold-eagle.com. •Goldman Sachs was/is short 1K tons of Au. May be part of a Fed trading account, says LeMetropole. GSachs (UK) is on Bank of England & IMF boards. Cute? GS was a seller almost daily in BOE auction period. •KeyserSoze (via www.gold-eagle.com/editorials_99/keysersoze061499.html ) rightly says IMF gold sale & poor nations (PN) debt relief is mother of all absurdities. G7 perpetuate cancerous lies about gold. "This IMF deception is in tune with the manipulative group guilty of price-fixing gold in recent years. PN owe $200bil. If IMF sells 10mil oz, they raise a mere $2.6bil, ie, 1.3% of the total. The interest on PN debt is 600% more than this gift. It'll pay only 2 mos of debt interest. IMF's sale touted to drive price down. Key US senators oppose the sale. FT reports the IMF & BOE news caused Au to fall & thus cost PN more than the debt relief. Some nations want IMF to sell so they can buy it to cover their shorts/leased Au. Manipulation everywhere! •Larry Parks of Advancement of Monetary Education wrote a White Paper "Why the Gold Industry is being destroyed & what to do about it." Text available on www.gold-eagle.com or LParks@Fame.org or US fax: 212.754.6543. He rightly says it's a battle between fiat money & gold. Says fiat money succeeds due to coercion, misrepresentation & nondisclosure. It wipes out savings. His is a long-term plan, which should proceed alongside the immediate action by GATA. •Bond dealers help push Au down to prevent bonds falling further.•On June 22, the gold price manipulators (NY bond/bullion dealers, Goldman Sachs, et al) decided enough is enough for the moment, agreed to push gold up $15-20, covered shorts, bought calls, Midas du Metropole reported. Partly it was due to Brit embarrassment over the effect of their gold sale talk, ie, more than expected & roundly condemned. So the colluding-money swat team pushed button B to take some heat off the UK. Greenspan promised (before Congress) not to let any rally get past 300. What's this about DC people not being above the law? Gold stocks recommended here last time are still OK, eg, FCX, great chart. •I like crude oil futures & am long. •China rumoured to want the entire gold offering at BOE auction. Flash! Demand for uncirculated gold US Eagle bullion coins has been so strong the US Mint has had to contract the Perth Mint, Australia, to help produce the gold blanks, amid fears Y2K could cause a shortage of currency. Harry Schultz ihsl.com hsl.mentor@skynet.be Tel +32 (for Belgium) 16 533 684 -- Fax +32 16 535 777 Postal address: HSL, PO Box 622, CH-1001 Lausanne, Switzerland 23 July 1999

To: Zardoz who wrote (37898)	7/28/1999 8:51:00 AM
From: long-gone	Respond to of 116760

Hutch, You're always talking about how there's nothing new here on the thread, well, I've got a new one. You are the pro here: & I'm wondering about a financial product, how it works, how it pays, who it invests, why it pays... Have you ever heard of "Environmental Bonds"? I know HM showed a small profit from trading them a quarter or so ago. Do you think there is any impact from these instruments on POG? Who all issues them? I found this: ENVIROMENTAL PRIVATE EQUITY - GOLDMAN SACHS GROUP LP NT 144A 6.625% 12/1/2004 Is it related to these environmental repair & protection bonds?