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To: Rational who wrote (17866)	9/30/1999 9:01:00 AM
From: Cynic 2005	Read Replies (1) \| Respond to of 18056

R, WOW! Just as I am subscribing to the conspiracy theories on gold manipulation, you threw this out of the blue! -g- I am not sure if I accept your logic. The simple reason why central bankers did what they did is that the pressure from miners and the public is too much. As a group, they were losing credibility. Above all, for all you know, the almighty dollar may be losing credibility with them. Soon after they announced the moratorium on gold sales, Euro started gaining ground on the dollar? Coincidence? I think not! <<Where will investors use their US$/Euro/yen after pulling out of stocks and bonds?>> Let me YELL one more time - THERE IS NOTHING WRONG WITH 4-5% RETURN WHEN THE OTHER ALTERNATIVES IN THE TOWN CAN COST 30-50% DOWNSIDE! The Japanese HAVE pulled their money out form their markets and until late 97 a vast majority of their savings were in cash alternatives like money markets, postal savings etc. As meagre the returns as they yielded, that was the case for over 6 years after their bubble burst. Not until early 98 Japanese public was buying in to US equities.

To: Rational who wrote (17866)	9/30/1999 12:20:00 PM
From: Thomas M.	Read Replies (1) \| Respond to of 18056

Most goods and services are cheaper in the 3rd World than in the developed world. I just read in National Geographic that some 3rd World citizens can get cable TV for $2 per month. I'm not going until they get cable modems, though. <g> Tom