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

To: Hawkmoon who wrote (53178)	5/23/2000 6:10:00 PM
From: goldsnow	Read Replies (1) \| Respond to of 116759

Americans adjust their finances upward much better than downward. They know how to spend during good times, but that very tendency causes them hardship when times get tough. It now tests their ability to withstand higher interest rates, and all that higher interest rates could mean, such as layoffs, costlier credit cards, falling stocks and rising mortgage rates. abcnews.go.com

To: Hawkmoon who wrote (53178)	5/23/2000 6:55:00 PM
From: TheBusDriver	Read Replies (1) \| Respond to of 116759

I'm probably regret getting involved in this BUT.... <<namely that Central Banks should continue to sell their gold holdings in a gradualistic manner until they no longer remain the largest holders of the shiny metal >> Isn't the point here that the central banks are NOT selling their gold, not physically anyway....they are selling it over and over again on PAPER? In fact leveraging?? Wayne