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To: Archie Meeties who wrote (56655)7/23/2000 12:11:51 AM
From: d:oug  Read Replies (1) | Respond to of 116833
 
Archimedes,

Your name rings a bell with me,
but its like that light bulb
on top of my head that only goes on
when i have my eyes close,
and can not see the idea presented.

Was it a long ago person looking for wealth
or truth or edge of flat earth?

<<I doubt they are cheating. Why would they do so?>>

If the Central Banks are creations of the politicians
that acted as governments for us, then to wonder if
the word "cheat" is possible for them is inside upside
backwards down uppered sideways thinking type of thought.

Not sure if above just typed in statement is completed,
or needs eXtra like "Helloooooooooooooooooooooooooo".

Bottom line, governments do whats needed
to survive their stupid dumb idiot policies
which are not for the "good of man/womankind"
but to survive their stupid dumb idiot policies.

No wonder governments repeat same errors,
as above shows that they are in a vicious circle,
correcting past mistakes with more mistakes,
leading them to correct additional mistakes
with more.........

So, <<There is no financial or political reason
that European CB would break the terms of the agreement
and bring more gold to the market.>>

Once again, forget "reason",
but yes <<financial or political>> stuff exist,
but only to correct their recent goofs.

Question: is follow accurate, and if so, important ?

SI: StockTalk: Coffee Shop : CLOWN-FREE ZONE
... sorry, no clowns allowed

From: heinz blasnik
Thursday, July 13, 2000

Foreigners are sitting on a veritable mountain
of US IOUs, i.e. dollars. Japan's CB has 360 bn.,
the ECB has 280 bn., China + Hong Kong are sitting
on some 300 bn. as well. That's a supply overhang
unlike any other in the history of speculating man...

[end.]

Don't these places know that all this HUGE amount
of usa dollars is just ink+wood backed with faith
in another political system knowned as usa government.
I mean, Hello to them, it has no backing like gold.
I mean, if usa's dollar lost value in reference
to their currency, then Hello their investment
becomes less and with that much Huge holdings
it may be greater than the increase in value
of their currency. Anyone have these numbers,
say for a usa dollar down 10% versus those above ?

doug



To: Archie Meeties who wrote (56655)7/23/2000 11:32:34 AM
From: long-gone  Read Replies (2) | Respond to of 116833
 
<<There is no financial or political reason that European CB would break the terms of the agreement and bring more gold to the market. >>
No, a lower gold price = profit for the shorts & any money moving into gold is money not moving into the stock market. A lie which continues the "best economy of all time", no political gain in that?