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