To: d:oug who wrote (72261 ) 6/24/2001 5:33:37 AM From: d:oug Respond to of 116796 "... risk of bumping into my old adversary Fringe Freddie." From: GATAComm@ Date: Sat Jun 23, 2001 Subject: Riley column in Financial Times is about gold and GATAgroups.yahoo.com The setting sun... into the so-called "bugs' bash", the once famous, but these days sadly under-attended ... of the British United Gold Society. ... is my own fault: if I am foolish enough to attend esoteric events I am bound to run the risk of bumping into... Fringe Freddie. ... He wore a yellow metal badge proclaiming: "Bring back the gold standard." There was no escape. Freddie grinned, revealing a new gold tooth. ... replied that I had heard the gold conspiracy stories time and time again... gold bugs were trying to create a mystery where there wasn't one. ... rational argument has [not] any chance against a fervent conspiracy theorist... Freddie's eyes began to gleam, in a manner normally triggered by a major crop failure and the mouthwatering prospect of a global famine. ... I admit there are some interesting parallels with what happened to the London Gold Pool in the late 1960s," I said. "It was a previous exercise in US Treasury-inspired gold-market rigging, to thwart gold bugs inspired at the time by General de Gaulle. After the policy became too expensive and was abandoned, the bullion price went from $35 to, in the end, $800. But that was in the context of Vietnam War spending, an oil price shock and an inflationary flare-up." Freddie's gold tooth glistened again in the evening sun. "Did you mention the oil price?" he chortled. "What a coincidence. And American consumers are spending far more on foreign goods than Nixon ever did on fighting Ho Chi Minh. Now the US government will have to admit defeat again. ... gold defenders organised from Texas. The Bush regime will cut its losses and regard it as an opportunity to repudiate what the Treasury did in pursuing the strong dollar policy under Rubin and Summers." ... his phrases punctuated by that familiar braying laugh. "Currency turmoil ... bullion banks melted down ... hedge books in chaos." It may have been my imagination, but gold fever has an emotional connection with old-time religion, and I'm sure I heard him tail off with: "The end is nigh!" -END- Might America's answer to the British gold bug Fringe Freddie be Tooting Gata Bill? Does anyone know if Bill has any front gold teeth? Imagine a Texas style & size BBQ and i forget and i mean no disrespect to any religion but was there once a golden lamb or calf? Zeev i believe mentioned this reference. Anyway, would it be ok to BBQ a golden pig? Hopefully, and well actually in spirit only not really, Bill could "roast" Fools Gold Tutor, all 49 errors she is made of, or better to say, makes. Ya, that would be a Texas size good laughing aTime. d:oug