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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: IngotWeTrust who wrote (91083)	11/11/2002 7:19:54 PM
From: E. Charters	Read Replies (1) \| Respond to of 116915

Multiplier for 1911 was 18.58 according to the CPI reflected in gold price by 2001$. year infl. fed oil97$ gold gold-2001$ 1911 0.00 -- 10.58 20.67 384.05 EC<:-}

To: IngotWeTrust who wrote (91083)	11/29/2002 10:38:53 AM
From: long-gone	Read Replies (1) \| Respond to of 116915

Double edged sword? Not only would it come out of US paper but go into non-paper assets - GOLD(dinar?)? Some Saudis May Sell US Investments-Paper Fri Nov 29,12:02 AM ET Add Business - Reuters to My Yahoo! LONDON (Reuters) - The Times on Friday quoted Saudi billionaire Prince Alwaleed bin Talal as saying some Saudi investors would panic and sell U.S. investments because Saudi Arabia was portrayed by some Western media as not co-operating with the United States in its "war on terror." Alwaleed's comments to the Times came after he denied a report in August of Saudi "panic selling" of U.S. investments. At the time, he did not see an outflow of Saudi funds from the United States in reaction to perceived anti-Saudi sentiment. "When you have Saudi Arabia being portrayed as not co-operating fully with the U.S. some Saudi investors will panic and leave. Inevitably, some funds will be withdrawn and some assets will be liquidated and these investors will move to other regions of the world," Alwaleed was quoted on Friday as saying in an interview. Alwaleed did not offer an estimate of the scale of any withdrawal of funds, but said a forecast in August of $200 billion was "far too high," the Times reported. Alwaleed said reports that donations by a member of the Saudi Royal family, Princess Haifa Al-Faisal, might have found their way to the al Qaeda network, the key U.S. suspect in the September 11 attacks last year, had not helped relations between Riyadh and Washington, the Times reported. He said these reports, combined with uncertainty over whether Riyadh would permit the United States to mount air strikes on Iraq from its Saudi airbases, were forcing both sides to re-examine their relationship, the Times said. "I believe in American systems and I believe in what America does, but they do make mistakes. The only quarrel between Saudi Arabia and the U.S. relates to what is happening to the Palestinians," Alwaleed said. "The relationship between the U.S. and Saudi Arabia is very strong; these word have come from both President Bush (news - web sites) and Crown Price Abdullah. But clearly we are going through a tough period," Alwaleed added. Alwaleed, one of the world's richest men and a nephew of Saudi Arabia's King Fahd, has vowed never to sell a single stock of his U.S. holdings for political reasons. He has a stake in Citigroup Inc worth several billion dollars. Alwaleed said he would not sell his U.S. stock even if he believed the media companies in which he invests, including AOL Time Warner and News Corp, portrayed Arabs or Muslims in an unflattering light. "I won't simply go and sell the company if they attack my religion of my country. I believe that engagement is the only right thing to do, not selling out," Alwaleed told the Times. story.news.yahoo.com