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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: Rarebird who wrote (73491)	7/16/2001 12:27:01 AM
From: d:oug	Read Replies (1) \| Respond to of 116753

You have stated many times your opinion that Gata will fail. For myself i continue to post the Gata line and push their cause and encourage others to join in. Its called manipulation or not being truthful or simply a lie when i only present pro-Gata news that has anti-Gata information attached that i have removed or deleted or ignored. So be it, its War and that saying "The first... " So i will continue, as my next post displays, but in fairness only because you have really touched upon it in you post in a very pointed exact manner i will acknowledge that there is a very good possibility this time next year Gata Bill Murphy will be sitting in a chair with his head hung between his knees crying in his beer wondering how Gata's efforts were so totally stopped and derailed and pushed aside and replaced with stuff of the same rot by the people who created the rot and never got punished and allowed the masses of tax paying citizens to not only take the pain, but got their ok to allow them to receive the punishment that should have gone to the usa government people that created a dollar that crashed & burned. Sadly all signs point to a Gata losing the War, big time. Hope i'm wrong, but atleast it will not affect me, and all others on this thread have advanced warning to prepare for either a Gata win or lost, using "hedging." [From Rarebird] ( i added NewLine breaks to help me read it) [start.] ... Of course not. But isn't that the point? There are no assurances either way. There is no assurance that investors will flock into gold stocks if there is no economic recovery in 2002. What assurance do you have that the U.S. would not sell some of its gold reserves like the BOE if the economic situation here turned into another great depression? What assurance do you have that Congress would not vote to have 90% of U.S. Gold Reserves sold if a money default or major derivative crisis came about here? What assurance do you have that the majority of U.S. citizens would not vote for the sale of U.S. Gold Reserves if it was placed on the ballot here and if the President, Congress and the whole media argued on behalf of it? [end.] Note: Its a hurting funny laugh sounding like a scream. From your above line, with my adding. "... and the whole media[CNBC etc.] argued on behalf of it? ak

To: Rarebird who wrote (73491)	7/16/2001 7:38:25 AM
From: long-gone	Respond to of 116753

<<What assurance do you have that the U.S. would not sell some of its gold reserves like the BOE if the economic situation here turned into another great depression? >> It won't turn into another recession. When correct actions were taken by the Federal Reserve the actions have always worked, always will also. Of Congressional approval for gold sales, can't see it happening soon. Would need a different Congress in power, and greatly different at that, one in which the Black Caucas has little or no power. While there is a coming power base change because of demographics increases in the Hispanic community,it will happen more slowly than the derivatives crisis can evolve. Looking up, seems those clouds are gathering, lightening storm may be coming.