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Politics : Dutch Central Bank Sale Announcement Imminent? -- Ignore unavailable to you. Want to Upgrade?

To: Alan Whirlwind who wrote (15028)	8/2/2002 1:39:26 PM
From: kirby49	Respond to of 82344

Just losing figures written in carbon on ledger paper prepared by accountants. Erasers getting mighty stubby though. All real money ever produced not three feet high covering American football field 50 X 100 yards not lost, just distributed around. Regards Bob P.S. I have a 1990 video of Bill Bonner. Always thought his sidekick Lord Rees-Moog must be one strange contrarian.

To: Alan Whirlwind who wrote (15028)	8/2/2002 2:10:35 PM
From: sea_urchin	Read Replies (2) \| Respond to of 82344

Al, "Our nightmare is that continuous bad news about the U.S. economy and an associated continuous fall of the dollar will sooner or later induce a significant part of foreign investors and lenders to pull out of the dollar." The US is not the only place where Eurolanders have taken a bath. I believe European banks are the biggest lenders to Brazil and, as you may or may not know, Brazil is in serious financial difficulty. In fact, it would not be an exaggeration to say that South America is insolvent. The upshot is that, if Eurolanders don't invest in US dollars, there's not much else around the place that is worth having. This may, in fact, be the dollar's saving grace. PS. A word of advice. Don't get too excited about stuff you read at certain web-sites, that being one of them. Whatever you read there, let it go in one ear and out the anus.

To: Alan Whirlwind who wrote (15028)	8/4/2002 9:02:50 AM
From: sea_urchin	Read Replies (1) \| Respond to of 82344

Al, a reason why I was contemptuous about that article which drew our attention to the weak USD is that the USD is not weak --- in fact, it's very strong, right now. treasurestatefutures.com On the basis of this chart and the stochastics, we can expect it to become even stronger. Indeed, if we look at a longer-term chart, we can see that the USD is still in a bull trend . (Take your ruler) goldsheetlinks.com Unfortunately, this will impact on the gold price, as it is doing. treasurestatefutures.com So, It would not be unreasonable to expect that gold stocks will remain in the doldrums for some time still.