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To: Elizabeth Andrews who wrote (80818)	1/17/2002 12:42:54 AM
From: Richnorth	Read Replies (1) \| Respond to of 116830

Well done, Liz! Welcome aboard! P.S. Sounds like those problematic emissions are a thing of the past, eh?

To: Elizabeth Andrews who wrote (80818)	1/17/2002 12:53:56 AM
From: Little Joe	Respond to of 116830

Very interesting article. But important only if the advice is followed. Little joe

To: Elizabeth Andrews who wrote (80818)	1/17/2002 12:59:51 AM
From: d:oug	Respond to of 116830

Elizabeth, Sad to say but this GPM thread is thought-bankrupted and defuncted with those who need admiration of False Respect as they correct views of history held by others, and re-write their own history to correct their errors. A discussion of topic international currency, with one of a 100% seigniorage v. one at 0% seigniorage would first require those readers of your post to first read the article you mention, and that seems not to be done on this thread as reflected by my observation these past few years, as for every 100 posts that includes either the url or a cut & paste of a zillion computer monitor pages of text, near zero has a follow-up by another poster. But then, a bashing by Hutch to this thread of a "You all don't get it." is about all this thread gets, for example to the following inside this article mentioned by you. "... important thing to remember about the derivatives markets is that while they create no new wealth, they can be used by unscrupulous people and institutions to siphon off existing wealth from the producers... the derivatives markets are not addressing risks inherent in or created by nature. They are addressing artificial risks created by man... " The article's url i paste again and include the first sentence and the last few of this very long well written piece, and then include an attachment by the writer which will be read by those here since its more suitable for their interests, a soap opera. safehaven.com Japan's Finest Hour - Japan Can Escape from the Fatal Pull of the Zero Interest Blackhole by opening the Mint of Japan to Gold An Open letter to the Right Honorable Junichiro Koizumi, Prime Minister of Japan St.John's, Newfoundland, January 16, 2002. Dear Sir, May I assure you that I deeply sympathize with... ... to gold. If and when you do, it will be Japan's finest hour. I remain, Your most obedient servant, Antal E. Fekete Professor Emeritus Memorial University of Newfoundland St. John's, Canada A1C 5S7 Note. My friends who have perused the draft of this open letter before it was sent to the Japanese Embassy in Ottawa warned me that I may be putting myself in the position of an enemy of the United States. However, I am no sycophant, and it is my duty as a professor to state the truth as I have come to know it through my studies. Furthermore, in pointing out her failings I consider myself a true friend, not an enemy, of the great republic in North America. For the past thirty years I have been tireless in advocating that the United States open its Mint to gold. I served the United States during my five-year tour of duty in Washington in the Congressional office of the Honorable William E. Dannemeyer of California. In every Congress in which he served, Congressman Dannemeyer introduced a Gold Standard Bill. In not one case could these bills get past the committees controlled by the Democrats. Then we tried to have the monetary clauses of the United States Constitution reinstated through a Presidential Proclamation. The culmination of my efforts came in the Oval Office in October, 1989, when a delegation of ten Republican Congressmen led by Mr. Dannemeyer presented a plan of fiscal reform to President George Bush. I was the author of that plan. It called for refinancing the public debt of the United States in terms of gold bonds. Mr. Bush listened intently, and then turned to his Treasury Secretary who was also present, instructing him to schedule a joint study session for his staff and the staff of Congressman Dannemeyer, in order that the plan can be examined in details. Needless to say, Treasury officials had no interest in pursuing the idea, and after the proposed session was scheduled and rescheduled three times, the issue was quietly dropped, and I left Washington. Twelve years later I find that the world is an immensely more dangerous place, not just because of the threat of physical terrorism that everybody recognizes but, equally well, because of the danger of financial terrorism which perhaps only one in a million can perceive. We cannot exclude the possibility that the terrorist attack on the United States is just the tip of the iceberg, representing pent-up desperation and utter frustration with the insensitive and intransigent attitudes in foreign policy and in international monetary relations of the American government. It must be stated that September 11 may never have happened, had the warning of George Washington about the dangers of "foreign entanglements" been heeded, and had the monetary clauses of the Constitution been reinstated. America's strength has always been her open door policy to constructive criticism. I, a persistent critic of the high-handed ways of unelected officials in making the monetary clauses of the Constitution fall into abeyance, watch with alarm as the open door is slowly being closed. Maybe Japan taking unilateral action in the international monetary arena while challenging the arrogance of those unelected officials in Washington can prevent that door from being shut for good. A. E. Fekete Copyright©2000-2002 - SAFEHAVEN.com Inc.

To: Elizabeth Andrews who wrote (80818)	1/17/2002 6:57:29 AM
From: IngotWeTrust	Read Replies (1) \| Respond to of 116830

Boy are YOU behind the curve. It's called the Asian Monetary Unit. It was decreed in the Bretton Woods Currency Accord Act in 1944. Yes, the same currency accord that decreed not only the EMU but the timeline for it has been followed TO THE LETTER. I posted supporting documentation on this AMU "yen/yuan related" 3rd world reserve currency on my website almost 8 years ago. And funding of same is the biggest reason why the gold reshuffle is going on, so that the Far East can have their share of the yellow to back it. Back to the beauty parlor, girl...If you'd take me off ignore, you'd find out a few things in time enough to make a difference...a POSITIVE difference in your gold portion of your portfolio management...... Oh, THAT's right...you've only been "trading" or playing at this market stuff for about 30 months, I remember now.......you sent me that SI-PM email telling me how green you were at all this...still got that puppy, too. One problem, I've kept this SI-GPM thread advised of the upcoming AMU for at least 4+ years...Ditto Smurphy's CB Dutch thread as well... And now that England as finished puking up ownership of the gold stored overhere for leasing purposes into the USA marketplace under the watchful eye of our fed, UK will be joining officially the EMU block as a full participating member country instead of just sitting on the rotating presidency of the EMU Central Bank "control" See ya around chickie...

To: Elizabeth Andrews who wrote (80818)	1/17/2002 7:27:44 AM
From: IngotWeTrust	Respond to of 116830

Even Kaplan is a day late and a goldbrick short of a full pallet. From Kaplan: "Yesterday, the CB of China announced that its gold reserves have risen sharply over the past year, a 30% increase to a total now of 500 tons. This plays into recent developments where the Chinese Central Bank is moving away from its massive USD position and diversifying into the Euro & now into gold. This trend is far from insignificant & deserves very close attention. If memory serves, the only countries now engaged in increasing their gold reserves to any significant degree, are China and Russia. As Central Banks in the "West" sell their gold, Central Banks in the "East" are buying. Selling out of Britain and Switzerland still greatly surpasses the purchases by China and Russia but, at least, it would appear the former conditions are changing. If other nations follow this emerging trend, it would dramatically change the S/D fundamentals of gold. *And, more importantly, it alters the psychology of the current perception of gold; it could serve to resurrect gold as a monetary instrument."* MY COMMENTARY: Bull*hit I say to the last highlighted portion...just because a commentator has just caught on does NOT make it a "psychology altering event.: Trouble is, he still thinks it is a "diversification" move instead of a gold backing of the AMU on the come causality. Kaplan's grasp of history is thimble sized as well...And to note the birth of the EMU occured under his full view and "watchdogging" makes this all the more incredible that he can't spot the size 22 footprint of the Bretton Wood Currency Accord AGAIN...was he asleep when the EMU was born? And people pay money to read him??? LORDY!

To: Elizabeth Andrews who wrote (80818)	1/17/2002 7:55:43 AM
From: long-gone	Respond to of 116830

Could have been written today? Supplysideinvestor.com September 27, 1999 $280 Gold -- A Small Positive * Dollar-linked countries should benefit most * Reflation best hope for Latin America rally * Devaluation risk falls for China, Hong Kong Gold's move to the $280 per ounce range from $255 has very bullish implications for emerging markets -- especially those countries tied to the dollar. It is far too early to declare the global deflation over and even as we write gold has drifted downward from its morning high of $286. If the advance comes to a halt at these levels, gold would be left right where it was four months ago -- still in territory consistent with dollar deflation. That said, a rising gold price is the most bullish event that could possibly happen for emerging markets. Deflation has been the number one cause for the economic slowdowns in Argentina, China, and Hong Kong, in particular. With the dollar now showing strong initial signs of reflation, devaluationary pressure on the Chinese yuan and Hong Kong dollar must be viewed as lessening at the margin. Similarly, dollar reflation greatly improves the outlook for Argentina's economy, given its strong dependence on raw materials production. So it is no coincidence that Argentina's Merval index is up 3.7% today -- the best performance in Latin America. The benefits of dollar reflation will extend to all countries whose currencies have appreciated against gold. Chief among these are Taiwan, Malaysia, Singapore, Korea, Chile, and Venezuela. Mexico and Brazil are not suffering deflation, yet they too will benefit from improved dollar stability and the stronger global economic environment that would follow from the generalized reflation. Gold's rise most likely is the result of several causes. Most important is a shift in expectations regarding the future direction of Federal Reserve policy. In the face of flat consumer prices, declining wholesale prices, the approach of Y2K, and the growing opposition of two key Federal Open Market Committee members to the deflationary policies of Chairman Alan Greenspan, investors are discounting declining odds on future interest-rate hikes. At the least, we can say a less deflationary monetary policy now is being discounted going forward. The gold bounce also can be attributed to the circumstances surrounding the presidential veto of the Republican tax bill. While a veto was expected, Republicans have closed off the possibility of new negotiations. Since no tax bill is expected this year, at the margin, this may be negatively impacting demand for dollar liquidity. An additional factor may be the Bank of Japan's destructive policy stance. While the BoJ has been bouncing back and forth in its statements regarding future monetary policy direction, what is clear is that the yen is in severely deflationary territory. Investors could be discounting a significant worsening in the Japanese economy and attaching global implications to that expected downturn. Discounting of weaker-than-expected global growth would lead directly to declining demand for all major currencies. Last night's sharp declines in key Asian markets (Hong Kong and Malaysia down 2%, Korea down 4%) lend some support to this view. Most southeast Asian currencies were fractionally stronger against the dollar, although they were much weaker against gold. Looking again at the implications of reflation itself, reflation is really the only thing that can get bull markets going in Latin America and in the dollar-linked Asian countries. Latin countries all are in a fiscal policy trap. The basic parameters for fiscal policy across Latin America now are dictated by the International Monetary Fund. This means static budget analysis is the order of the day -- taxes cannot be cut when fiscal deficits are in evidence. Given that every major country in Latin America is running a budget deficit and has a relationship with the IMF, tax cuts are now verboten throughout the region. The only hope for growth, then, comes from a removal of the deflationary burden, which in most cases is the cause for the fiscal deficits. Given that monetary policy across the emerging world is heavily impacted by decisions in the U.S. (dollar-linked countries are totally at the mercy of Greenspan), a U.S. reflation becomes the crucial determinant to recovery. There are several ways to play a potential reflation. The most obvious would be simply to buy Argentine, Chinese and Hong Kong stocks. In strong economic times, these countries share one crucial edge over most of their peers: they do not have a limits-to-growth mentality that causes them to raise taxes and interest rates when times are good. The original premise for emerging-markets investing was that investors could reap higher rates of growth. IMF export-led growth philosophy has called that premise into question, especially in countries with attack-prone currencies such as Brazil, where policymakers move to cut growth off at the knees every time it threatens to rise above five percent. Argentina, Hong Kong, and China could post 8%-plus growth during a recovery phase. Most second-tier Argentine shares, particularly those tied to natural resource industries, are trading at 35% or less of the levels they commanded when gold was $350+. Real estate and banking shares in the China region should be performers in a reflationary environment, since real estate prices should rise with gold, thereby boosting the health of bank asset portfolios. Michael M. Churchill supplysideinvestor.com

To: Elizabeth Andrews who wrote (80818)	1/18/2002 8:57:00 AM
From: long-gone	Read Replies (2) \| Respond to of 116830

Thursday January 17, 8:08 am Eastern Time Press Release SOURCE: Trinity Biotech plc Trinity Biotech Receives FDA Clearance for Uni-Gold(TM) Strep A Rapid Test DUBLIN, Ireland, Jan. 17 /PRNewswire-FirstCall/ -- Trinity Biotech plc (Nasdaq: TRIB - news) today announced that it has received U.S. Food and Drug Administration (FDA) marketing clearance for its Uni-Gold(TM) Strep A One-Step-Test. The Company currently sells the Uni-Gold Strep A test outside the U.S., and will now address the $43m U.S. market. The worldwide market for Strep A testing is calculated at US$80m. Uni-Gold(TM) Strep A is intended as an aid to the diagnosis of Group A Streptococcus. This bacterium is commonly referred to as ``Strep A'' and is responsible for infections of the throat known as Streptococcal Pharyngitis. Left untreated, these infections can lead to life-threatening diseases including rheumatic fever and pneumonia. In the U.S. alone, it is estimated that there are 25-35 million physician visits each year for suspected Group A Streptococcal infections. Streptococcal Pharyngitis can be treated effectively with antibiotics, however clinical findings alone do not adequately distinguish Strep and non-Strep Pharyngitis. Antibiotic resistance is a global problem and it is recommended that antibiotics should not be given to a child with Pharyngitis without testing for Group A Streptococcus. Uni-Gold(TM) Strep A provides a result in five minutes thus allowing for prompt diagnosis and appropriate treatment. Ronan O'Caoimh, Trinity Biotech's C.E.O., commented, ``We are very pleased to be able to expand our Uni-Gold(TM) range of rapid diagnostic tests with our latest product Uni-Gold(TM) Strep A. Acute Pharyngitis is one of the most frequent illnesses for which pediatricians and other primary care physicians are consulted. Uni-Gold(TM) Strep A will be a significant aid to the correct diagnosis of this condition and will facilitate the administration of antibiotic therapy when appropriate. Our product has a unique design and demonstrates distinct advantages over competitive products currently on the market. We will market the test in the U.S.A. through our own sales force and through national and regional distributors.'' Uni-Gold(TM) Strep A is the latest addition to the Trinity Biotech family of infectious disease rapid tests. These products include Uni-Gold(TM) HIV, Uni-Gold(TM) Hepatitis B, Uni-Gold(TM) H.Pylori and Uni-Gold(TM) Malaria. Trinity Biotech develops, manufactures and markets over 200 diagnostic products for the point-of-care, self-testing and clinical laboratory segments of the diagnostic market. Trinity Biotech sells worldwide in over 80 countries, through its own sales force and through a network of international distributors and strategic partners. For further information please see our website: trinitybiotech.com. Forward-looking statements in this release are made pursuant to the ``safe harbor'' provision of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties including, but not limited to, the results of research and development efforts, the effect of regulation by the United States Food and Drug Administration and other agencies, the impact of competitive products, product development commercialization and technological difficulties, and other risks detailed in the Company's periodic reports filed with the Securities and Exchange Commission. Contact: Trinity Biotech plc IDA Business Park Southern Cross Road Bray, Co Wicklow, Ireland Maurice Hickey Tel: 353 1 2769800 e-mail: mhickey@trinitybiotech.ie Or: Noonan Russo Communications Inc. Amy Garay Tel: 212 696 4455 e-mail: a.garay@noonanrusso.com SOURCE: Trinity Biotech plc biz.yahoo.com