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Gold/Mining/Energy : Pacific Rim Mining V.PFG -- Ignore unavailable to you. Want to Upgrade?

To: Elizabeth Andrews who wrote (14130)	1/28/2001 11:26:13 AM
From: Natedog	Read Replies (1) \| Respond to of 14627

this is great. I like it when we get all excited here.

To: Elizabeth Andrews who wrote (14130)	1/28/2001 11:56:57 AM
From: Richnorth	Read Replies (2) \| Respond to of 14627

The US$ is the favorite currency because those countries that buy it have no gold to monetize. Think about it you moron. ========================================================================= Uh oh! You are calling somebody a moron! That's bad, very bad because that means you are not improving as you should. <gggg> ========================================================================= IMHO, because the price of gold has been manipulated downwards in order to shore up the dollar and also to give the semblance that inflation is not rearing its ugly head, many countries have learnt from bitter experience to buy and use the US$. They certainly don't want to have to convert more and more of their local currency into US$ every time the US$ rises. It seems to me they have been manipulated into buying the US$ because this also has the effect of maintaining the strength of the US$ and then some. Needless to say, such manipulation borders on the unscrupulous. To be sure, many will argue that the US has been the world's #1 benefactor by doling out foreign aid etc. But in IMHO, such gifts constitute nothing more than a Machiavelian tactic to command beholdenness and loyalty and of course to look very good in the eyes of the world. BTW, there is a slew of interesting and controversial articles pertaining to gold and the dollar at goldensextant.com gold-eagle.com. Perhaps after reading just a few of them you will begin to see that the central banks have suddenly stopped laughing. <ggg>