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To: jim black who wrote (1332)	12/8/2000 9:53:10 PM
From: TD	Respond to of 74559

Our greatest concern is not the facts stated above but, the theory that the next precious metals run will be one generated by FEAR of a currency collapse. Yes, friends there was fear in the late 1970's but most people were buying gold based on the increase in money supply and inflation figures, CPI. Today, the Money supply is scarcely mentioned in the press and the reported inflation numbers leave out such non-essentials as food and oil. What would cause the kind of FEAR that we see? A major run to gold by any of the United States trading partners. When was the international gold window closed by Nixon? When France sent enough American paper in exchange for that barbarous relic GOLD. Once a country or even a major bank decides to save it's own currency and starts to exchange bonds for gold the game will be over. Will this happen? It already is happening, the only valid question about the current gold situation to be asked is one that gets little mention. With all the gold selling in the Press and Wire services--Who's BUYING? gold-eagle.com