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

To: Square_Dealings who wrote (57270)	8/13/2000 8:21:29 PM
From: Crimson Ghost	Respond to of 116945

If the gold industry shuts down, the CBs will have to sell or lease a huge amount of their dwindling reserves to keep the price down. Despite the talk about the CBs dumping all or most of their gold, I doubt this will ever happen. The CBs know (if some gold bugs don't) that if they ever get rid of most of their gold they will no longer be able to control the price. And that would open the way to a huge upward explosion at some point in the future when the fiat game comes to its inevitable unhappy conclusion. Could that be why Alan Greenspan opposes US gold sales?