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To: pater tenebrarum who wrote (84349)	2/3/2000 6:56:00 PM
From: Earlie	Read Replies (1) \| Respond to of 86076

Hi Heinz: You may be right. We will have to wait for the answer to this one. Sure glad my weed patch is overgrown. (g) Best, Earlie

To: pater tenebrarum who wrote (84349)	2/3/2000 7:00:00 PM
From: re3	Read Replies (1) \| Respond to of 86076

Subject 33000

To: pater tenebrarum who wrote (84349)	2/4/2000 6:29:00 AM
From: re3	Read Replies (1) \| Respond to of 86076

the last bit of commentary from a gold eagle report: (whats three hundred million between friends, heinz, if we get yourself, luc, and that storkeeper from waltons mountain who just ipo'd the mercantile we could just buy up the whole garage sale lock stock and barrel and let this thing rip!) Given a sharp spike to $370/oz. or thereabouts, many believe the gold banking crisis would spiral out of control. Each periodic British auction is for 25 tonnes (803,750 ounces). At $370/oz., an entire auction could be had for less than $300 million, a trifling sum in modern finance. That may seem like a large premium to current prices of around $280-$290, but many gold analysts peg the true equilibrium price of gold today at between $500 and $600. Add in rumors of difficulty finding physical gold in size, and 25 tonnes of deliverable physical gold at $370 could almost look like a bargain. In any event, anyone -- friend or foe -- with a spare $300 million who cares to bid $370/oz. for the full amount of the next British auction could more than likely crash the gold banking system with consequences far more serious than those threatened by the failure of LTCM. Not long ago Marc Faber publicly suggested to Bill Gates the investment merits of switching his almost $100 billion of Microsoft shares into gold. M. Faber, "An Investment Tip for Bill G.," Forbes, Nov. 29, 1999, p. 248, also www.forbes.com/forbesglobal/99/1115/0223099a.htm. My advice to Bill G. would be a little different: Start buying gold, leak that you are doing so, watch the price rise and governments sweat, bid early and high at the next British auction, and wait for a settlement offer you really like. No reason not to have both Microsoft shares and gold. Since the government likes free, unfettered markets, give them one -- in gold. The next auction is March 21, 2000, a date perhaps uncomfortably close to the ides of March for bullion bankers and would be Caesars