To: TobagoJack who wrote (18221 ) 4/17/2002 9:18:04 AM From: Jim Willie CB Read Replies (1) | Respond to of 74559 German talk of selling gold is hilarious, transparent, empty the real reason is that they undermined their DMark currency adoption of East German, with Poland, Czech houseguests since 1990, the Bund has followed the USA in a fiat currency printing parade that would make Johann Gutenberg proud their commitment is to paper assets -- stocks, bonds, currency its depth of commitment is Faustian their marriage with the Euro will help stabilize but the European continent's commitment to Paper Assets is total their economy is fully dependent upon their debt system their Euro is not quite the heavily laden debt-denominated instrument called the USDollar, but close during this decade the tide turns to commodities the Bund is as scared shitless as the Fed and GreenMan the Dept of Inflation (Federal Reserve) and the Secretary of Inflation (GreenBackPrinter) are in a panic few recognize their panic or identify their moves as panic-stricken while few have noticed, GOLD was the best performing "CURRENCY" in 2001 and so far in 2002 it is continuing the new trend GOLD is outperforming every single currency on earth now it is frightening the Central Bankers when supply continues unabated and relentlessly, value declines versus stable assets 30% increase in US money supply since Jan2001 the world is awash with USdollars 35% of the US federal debt is held abroad 3% of the US GDP is in trade debt plenty for Fed and Bund to worry about their bark is louder than their bite my main hope is they continue their insane gold and silver leasing system because overriding supply/demand/pricing laws with a regulated system will result in worldwide depletion of aboveground silver guaranteed inelastic demand: pay any price for necessary silver inelastic supply: low supplies dont drive up price / jim willie (silver back gorilla)