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

To: sea_urchin who wrote (18031)	4/17/2003 6:24:19 PM
From: mcg404	Read Replies (1) \| Respond to of 81013

Searle: <we are likely to see more and more of this type of thing as the nations of the world line up either behind the US or ???> I think my intended point was not clear. I was not US bashing but seeking to provide another example of the possible reduced demand for the USD. And since gold is denominated in USD, if it merely acts as a barometer of the USD value, there needs to be no increase in demand for gold for me to gain. Its 'value' will remain the same, but its price (in USD) will increase. And if the USD loses its position as the reserve currency of the world, demand for the USD will decline. John