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To: d:oug who wrote (55659)7/5/2000 9:38:11 AM
From: pater tenebrarum  Read Replies (2) | Respond to of 116972
 
Doug, i am surprised that CNBC should mention the US credit/debt spiral at all...they strike me more as a propaganda mouthpiece for WS than anything else. it's not their style to issue warnings...:)

re. gold leasing, like i said, when the crunch comes, the CB's will have trouble getting their gold back. i wouldn't be surprised at all to see the Fort Knox based reserves being mobilized at some point. it will be fun to watch...

regards,

hb