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To: Hawkmoon who wrote (53094)5/22/2000 10:13:00 AM
From: long-gone  Respond to of 116762
 
If the gold doesn't exist, it can hardly be sold. btw because one single analyst has been bought & paid for by the most corrupt administration in history does not excuse the lack of a solid inventory spot assay & audit.

As Clinton & those who support him can not understand the word "is" or even find Email's or billing records, they can not be believed on anything.

Again, as I said, were you as sharp about US Government or gold as you have stated, you would know the Treasury not the Fed has gold and are the ones which could lease or sell it.



To: Hawkmoon who wrote (53094)5/22/2000 11:02:00 AM
From: Ahda  Read Replies (3) | Respond to of 116762
 
Ron question mutuals send out statements on accounts right and i was wondering how often they are sent out if you know. Some of the tech mutuals are dropping better than ten percent a day and one year deposits are available at banks that are giving over 6 percent.
Just wonder with the percentage of the populous invested how many really know what is going on until they get those statements and you have so many at risk now. Might be quite a shock for them



To: Hawkmoon who wrote (53094)5/22/2000 2:13:00 PM
From: lorne  Read Replies (2) | Respond to of 116762
 
Hi Ron. Think you said at some point that we can't use gold as a backing for the dollar cuz not enough to go round to rare. But the world uses the US$ as their main
asset or backing for their currencies and there is to much,
to easy to come by just print more.
Seems to me that most world banks have all their eggs
in one basket The US$ so if the US$ should fail or lose a good deal of its value what could the world CBs do maintain the value of their reserve assets.? Which currency would/could replace the US$ ?. And if things ever did come to this stage would the world ever again trust paper money with no backing except for the word of
of the Gov. whose currency is being used.?
I wonder which country might be the first to start dumping
US$ for some asset of greater value ? Or which country
would be dumb enough to start the ball rolling?
There are lots of US$ out there and as you have said not enough gold to go round.
Take care
Lorne