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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?

To: Art Bechhoefer who wrote (11340)	4/28/2002 3:18:04 PM
From: rolatzi	Read Replies (1) \| Respond to of 36161

The IMF has also said that they were oing to sell off gold to help finance third world debt. Ro

To: Art Bechhoefer who wrote (11340)	4/28/2002 3:54:07 PM
From: nspolar	Read Replies (1) \| Respond to of 36161

So Art you buying any gold or silver, or oil, or all three?

To: Art Bechhoefer who wrote (11340)	4/28/2002 6:58:41 PM
From: Roebear	Read Replies (3) \| Respond to of 36161

Art, I assume you are kidding??? This is an oxymoron: U.S. rumored to be ready to sell gold to cut balance of payments deficit and maintain a strong dollar. 1 Unless they wanted to sell all of the US gold it wouldn't do much to the BOP at current gold prices. 2 Selling gold would not result in a strong dollar. Over the last 5 years plus we've talked many countries from smallest to Britain Austrailia and the Swissies into selling gold, look where there currency is compared to dollar? BTW, the Swissies are still selling gold, right now, but that's not why their currency is up. It's up because their economy is sound, they don't have BOP problems and they've got plenty of gold left after their done selling: statistik.admin.ch 3 I heard a rumor that it's against the law to sell US gold reserves. What do you think?? 4 The US won't even acknowledge leasing, which they may or may not have done or be doing. Guess they would be embarrassed to acknowledge getting a 1% return on an asset going up 10%??? The BOE certainly caught some grief for it. Rumor has it the BOE would have to BUY gold now to join the EU. What do you think?? On second thought Art, judging from your history of posts in techland, I believe you are just baiting the gold bugs! At least try a new joke and not one we've heard a hundred times before!! LOL! Roebear

To: Art Bechhoefer who wrote (11340)	4/28/2002 11:07:08 PM
From: waverider	Respond to of 36161

Hopefully they will do so soon so I can pick up a bit more at bargin prices. wr