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To: pater tenebrarum who wrote (54681)6/19/2000 2:34:00 PM
From: long-gone  Respond to of 116815
 
What a bunch of nutless worthless wimps! so this is their "worst", this is all they have left! hahahahahahahahaha
kitco.com



To: pater tenebrarum who wrote (54681)6/19/2000 5:24:00 PM
From: Enigma  Read Replies (1) | Respond to of 116815
 
<<this is a hypothetical problem only, since no-one is, or will be buying. so why worry about it?>>

Well I'm not worrying about it! - but it's not hypothetical - every year CBs have sold and bought gold - in fact in some years in the past they bought more than they sold. I fear the Washington Accord has changed the emphasis towards the sell side - because, come what may, 400 tons will be sold - so I think the overall impact is quite negative - unless the 400 ton figure relates to sales before purchases are taken into account.



To: pater tenebrarum who wrote (54681)6/20/2000 7:18:00 AM
From: long-gone  Read Replies (1) | Respond to of 116815
 
hmmm, Is this what the propaganda has been telling us?
Cash used in about half of purchases

June 19, 2000

Cash is the No. 1 payment choice for consumers, according to a report by Stuart Weiner, an economist with the Federal Reserve Bank, of Kansas City.

About 50 percent or more of transactions in the United States involve cash, the report shows. Of the noncash transactions, 72 percent of transactions involved checks in 1997. Eighteen percent of transactions involved credit cards, 5 percent Automated Clearing House transactions and 4 percent debit cards.
freep.com