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

To: sea_urchin who wrote (18205)	5/5/2003 2:34:51 PM
From: Ahda	Read Replies (1) \| Respond to of 81438

>>Fourthly, if the gold is "missing", presumed sold, then that confirms my own view that the Central Banks have every intention, if not actually to "demonetize' gold, then certainly to keep is price down. Within in the worst possible circumstances there are those who will have clear heads. I have a hunch with all the legal rearrangements that are taking place there have to be some Centrial Bankers questioning themselves as to unlimited fiat as well as debt being the most lucrative market. If legal frame work aids debt it also can obscure the tally of real funds. Theoretically you could end up with no ability to tie anything together for several years. So if you have a too many world banks with far too many Enrons as well as conflicting nations interests on the their list it would be an accounting disaster.. The only method left to continue operations would be s tslly of gold as it is pretty impossible to find an assets market value when it becomes a disaster. Yes you are right if currency and gold were tied in there would be no sell off as fiat certainly has increased far faster than gold available has on a world wide base. >>Well, it hasn't happened yet --- and, in my opinion, for what that's worth, it never will. Storage is a problem but i think i would rather deal with outrageously priced gold and the physical problem of where to put it than if there are assets and what are they worth or do they have a worth?