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

To: Rarebird who wrote (57354)	8/16/2000 12:49:40 PM
From: long-gone	Read Replies (1) \| Respond to of 116984

I believe you should check( though I don't agree with the law) there is a prohibition against the US Government selling or leasing gold reserves(in any way giving up control I believe is the exact quote) is outside the law.

To: Rarebird who wrote (57354)	8/16/2000 1:06:21 PM
From: Hawkmoon	Respond to of 116984

Sorry, the post was meant for Richard. No problem... your's was a very good post which I may not have seen had you not posted it to me (I have only had time to read those posts addressed to me, or mentioning my name). And I would suggest that were a hard landing to occur in the US economy, it would probably disrupt the rest of the world far more. That could create the conditions where financial instability could return, launching both the dollar and gold upward. In this manner, one could say that gold acts as a safety valve against overvaluation of the dollar. Just a thought that came to me off the cuff. Regards, Ron