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To: brightness00 who wrote (75130)	3/3/2001 9:08:01 PM
From: Zeev Hed	Read Replies (2) \| Respond to of 436258

brightness, I have been making these arguments for a number of years, here is an example from last year : Message 13792344 gold The exact numbers may not be right, but the principle is the same, tying the world monetary system to gold will put the world economy in a straight jacket or bring on permanent inflation. I have yet to see an argument, apart of an emotional argument, negating these cold facts. I believe that the CB's have long ago come to that conclusion and decided to sell their gold (in an orderly fashion, thus the recent Washington Agreement). The US, as Haim mentioned here, will simply wait for one of those periodic spikes before it sells some of its 8000 plus tonnes. Zeev