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Politics : Dutch Central Bank Sale Announcement Imminent? -- Ignore unavailable to you. Want to Upgrade?

To: Tom Byron who wrote (10449)	2/8/2001 4:38:58 AM
From: sea_urchin	Read Replies (3) \| Respond to of 81225

Guree: Thanks. Did you see this? mips1.net I must say, I have to agree with Mr Cynical's view that the gold mining industry, by mining as much as possible and selling forward, appears to be the cause of its own demise by devaluing its product which should be marketed on the basis of its rarity value. As Cynical says, gold is hardly a commodity in the true sense as it has no industrial uses. Still, one presumes the mines know what they are doing and that the choice which they make is the best in the circumstances. Nevertheless, it is this illogical and apparently contradictory approach which lends credibility to Uncle Bill's theory that the mines are party to a conspiracy. Somewhere, I feel there is a political basis for what is taking place. There is a view that, if a large amount of gold products are sold cheaply now and in the foreseeable future especially to developing countries, when one day CB selling stops and POG rises, as it will inevitably have to, many people in the world will become wealthier. That will be good for capitalism. Just a few thoughts.