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To: Phil Jones who wrote (59312)10/4/2000 6:01:03 AM
From: d:oug  Respond to of 116764
 
Once again Phil,

Erase GATA from history, it never happened,
what u got? $185 gold going towards $125
with Barrick ABX sucking up at $1 each
all those bankrupt down the drain belly up
gold companies that left shareholders holding
sheets of paper as stock in the company
now all gone. Worth = $3/ton as scrap paper.

Erase GATA from history, it never happened,
what u got? Central Banks of the world dump
all physical gold reserves onto the market at
the same time so that it can be made into
jewelry and gold plated toilet bowls seats
and never again be stored by a nation as
a store of value and thusly never again
threaten fiat paper money.

Erase GATA from history, it never happened,
what u got? Since at this point all physical gold
now rest or lays on peoples body parts never
again able to be thought as money, now each
nation on planet Earth can obscenely print and print
without worry about what happens when their currency
does a crash & burn because the only thing available
to replace it is another paper money version, and all they
government folks gotta do is change the color and move
around the words and pictures and presto a new and fresh
and the replacement for the bad with the new(bad).

But seriously Phil, the most awful and hardest thing
about that outcome to swallow would be that he would
be correct. Yes, Bon Beece's words would have come true.

doug