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

To: russet who wrote (39884)	9/1/1999 2:58:00 PM
From: jgibbs	Read Replies (1) \| Respond to of 116984

Russett, Interesting post. >>>>The ones I am familiar with (Canadian, Australian,English,Swiss and perhaps others), have been accepting things other than gold and in effect have been selling their gold causing the current glut of gold in the market, and depressing the POG.<<<< Where can we find proof of the above? Many have wondered whether or not CBs will or can contractually accept anything other than gold. Are there data available?

To: russet who wrote (39884)	9/1/1999 6:51:00 PM
From: Enigma	Respond to of 116984

russett - I couldn't agree with you more about Professor Von Braun's article - which seems to be full of half truths - to be charitable. d

To: russet who wrote (39884)	9/1/1999 11:34:00 PM
From: d:oug	Read Replies (2) \| Respond to of 116984

russett, the time you spent typing in your reply would have been better served if you addressed some of those issues in that article. But then that would have gone counter to your agenda to mislead and confuse those who think the gold price has been manipulated. Your approach, or call it a tactic, is well documented. (1) Turn the tables on the person asking the question. (2) Identify the answers the person is seeking that will uncover a collusion or conspiracy, and then ask counter questions that require these answers. (3) At this point you do not have to provide a defence, but the other person now has to change from looking for the truth to now having to prove a situation that will not lead to the answers they were looking for. (4) Use lots of text making lots of simple sounding statements that seem to say things that are clear to all except them. (5) Bingo, talk talk and getting nowhere fast, just the exact result wanted = no progress for the side knowing, but not having the smoking gun. (6) Make them look impotent and losers. (7) End Result: Appearance that they are wrong. So, lets use a real time example, and the only gold mine company I know of is ABX Barrick. So is it possible for a shareholder to obtain enough information on its web site and contact over e-mail or telephone to answer all ok with the following from that article ? ...contract that has been written, by various mining companies ...In effect, a mortgage of these assets has been given to the bullion bank that has written the contract. ... in most cases without the approval and in some cases, the knowledge of the owners, the shareholders of these companies... ...The shareholders own very little apart from some future collectible stock certificate... ...Then you wait until the companies are in trouble and have NO way to refinance their debt, then you call up the mortgage, take ownership of the asset and finally reverse the trend ... ...Understanding what security has been provided to the bullion/investment banks by your favorite mining company may be a better thing to know now, rather than later...