Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Bobby Yellin who wrote (45709)	12/7/1999 2:12:00 PM
From: Alex	Respond to of 116770

Dutch central bank denies started planned gold sales already Amsterdam--Dec 7--The Dutch central bank (DNB) denied Tuesday that it has sold any gold as part of its planned 300-tonne-disposal over the next 5 years as some in the market have speculated. The DNB said it will sell 100 tonnes next year followed by 200 tonnes over the next 4 years. (Story .16797)

To: Bobby Yellin who wrote (45709)	12/7/1999 7:57:00 PM
From: Little Joe	Read Replies (1) \| Respond to of 116770

Bobby: I am not sure we are seeing the deflationary forces win out on this one. In addition to wage increases, here in Maryland we are seeing a rapid increase in property values and a lot of new construction. Seems like every time I drive down the main drag here (york road) there is another shopping center, office building or some other development. I think we have had asset inflation with the excess money going into the stock market. It is now starting to move out into the economy in general. Every country in the world seems to be printing money. Where will it go? On your point about a 2 class society, I think you are probably right. The chasm between the haves and the have nots is growing. This is a natural result of an education system that can't educate. When I was young I may have been poor, but I got a decent education in elementry school and high school, which enabled me to go to college. The poor in our country, just can't get that education, no matter how much Bill and the other pols claim they are for the kids or education. The tragedy is that our education system is run by self serving special interest groups and not for our kids. I attended a meeting in my community in which the principal of the new high school spoke for over a half an hour and the word "children" was not mentioned once. So much for his commitment. Oh well, let me get of the soap box before they start throwing tomatoes. Live long and prosper, Little joe