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To: goldsheet who wrote (78182)	10/9/2001 1:53:22 PM
From: long-gone	Respond to of 116836

I was really looking for answer to the "why" question from MB as an answer to his "gold will always suck" statement.

To: goldsheet who wrote (78182)	10/9/2001 1:55:26 PM
From: long-gone	Respond to of 116836

NESARA . . . . . . The National Economic Stabilization and Recovery Act Executive Summary Monetary Policy Reform Establishes three types of United States currency: standard silver coin, standard gold coin and treasury credit--notes The United States Treasury buys and cancels all outstanding capital stock of the former Federal Reserve Banks The privately owned Federal Reserve System becomes a public entity, the United States Treasury Reserve System A new Board of Governors of the Treasury Reserve System uses a law -mandated plan to maintain and stabilize the exchange value of the currency The new Board assumes all powers and responsibilities of the former Federal Open Market Committee The existing regional Federal Reserve Banks become Treasury Reserve Banks and continue clearinghouse operations and other bank service functions under the direction of the Office of the Comptroller of the Currency All commercial banks must exchange their income-producing government obligations for treasury credit-notes Only treasury credit-notes may be held as bank reserves Fundamental changes are imposed on the repayment of all outstanding fractional reserve loans on secured property-principal must be r~aid before the monetizing-fee is paid A progressive federal excise tax is imposed on the privilege of making commercial loans of currency for profit Commercial financial institutions such as credit unions are provided, subject to some restriction, with oppo~iti~s to operate with fractional reserves Fiscal Policy Reform Amends the existing federal income tax system A national retail sales (excise) tax is imposed upon non-exempt retail activities of commerce The Internal Revenue Service is reorganized as the National Tax Service to administer the collection of the new tax What NESARA Does Not Immediately Do Eliminate all payroll taxes, such as Social Security and Medicare taxes Eliminate constitutional excise taxes on regulated activities Immediately eliminate the entire national debt Immediately halt inflation 5 (of 78) nesara.org

To: goldsheet who wrote (78182)	10/10/2001 7:33:18 AM
From: long-gone	Respond to of 116836

AngloGold to sell two S.Africa mines-report 10/9/2001 3:57:00 PM JOHANNESBURG, Oct 9 (Reuters) - South African gold producer AngloGold Ltd declined on Tuesday to comment on a report that it intended to sell two Free State gold mines to Harmony Gold (HARJ) and African Rainbow Minerals (ARM) for $237 million. The Miningweb, a South African-based Internet website, said the sale of the Tshepong and Bambanani mines would be announced after the dust had settled on AngloGold's proposed acquisition of Australia's Normandy Mining (NDY) . "AngloGold is to sell the bulk of its Free State assets...to compatriots Harmony Gold and African Rainbow Minerals for $237 million," the Miningweb said in a report citing senior industry sources. A spokesman for AngloGold declined to comment on the report. Officials from Harmony and African Rainbow, both based in South Africa, were unavailable. AngloGold sold two other Free State mines, Elandsrand and Deelkraal, to Harmony last year for 1.0 billion rand ($107) in cash. The Johannesburg-based company is the world's largest gold producer with annual output exceeding seven million ounces. The bulk of its gold is produced in South Africa, where some of its mines have performed below expectations in recent years. Bambanani and Tshepong were put up for sale last year, but AngloGold said in July this year that it would keep the mines due to their improved performances and the lack of decent bids. Tshepong produced 320,000 ounces of gold in 2000 at a total cash cost of $236 an ounce. It has 3,870 employees. Bambanani produced 441,000 ounces of gold last year at a total cash cost of $272 an ounce. It has 6,130 employees. "AngloGold is expected to announce the (Harmony/ARM) offer once it is convinced its offer for Normandy will pass muster with the company's shareholders," the Miningweb said. AngloGold is offering 2.15 of its shares for every 100 Normandy shares. The offer, announced on September 5, values Normandy at A$1.42 a share, or roughly A$3.2 billion. The Normandy board is expected to make a recommendation to its shareholders at around the time AngloGold's offer goes to Normandy shareholders in mid-October. REUTERS Rtr 15:57 10-09-01 www2.marketwatch.com;