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

To: sea_urchin who wrote (18350)	5/22/2003 6:40:56 PM
From: Ahda	Read Replies (2) \| Respond to of 81953

As a matter of fact you know that jump like a rabbit bit Well thanks to you i jumped and didn't get bumped on the head. Actually the profit was enough to buy me a gown for the wedding. The dollar is just to wobbly and it is so hard for me with all the darn research I do to feel US currency is solid. Source of my only logic that negates gold is only that the cost of gold physical storage etc is too much. China appears as the greatest investment opportunity if you excluded the Whoops a tariff, All this is partially because of her peg to the dollar and inexpensive labor which corporations are taking advantage of. New jobs bring more dollar into your own market place as well as back to the corporation who build the businesses. The icing on the cake is poverty has a very limited downside when you compare it to prosperity trying to remain prosperous. How i hate terrorism it is so negative for the spirit of the nation.

To: sea_urchin who wrote (18350)	5/23/2003 10:33:29 AM
From: philv	Read Replies (1) \| Respond to of 81953

I know you aren't big on gold, but you may have been a bit premature in your statement "In fact, it looks to me like the gold party is over --- finito --- kaput." I think increasingly there is an awareness of the awful state of the US economy, the world economy, and gold is benefiting. The global debt is astounding and exploding, and there are few safe harbours. Most countries are desperately trying to prop up the $US to keep the party going, and competitive devaluation of currencies with interest rates heading south are still on-going. Low interest rates translate into encouraging more debt. And the FED has made no secret that they are willing and prepared to keep priming the pump, (print more money) to get the economy moving. Personally, I am positive short term and long term on the POG. my.voyager.net As an aside, I listened to a debate, Dem. vs. Rep. about the US budget & debt. The Republican stated that increasing tax has the effect of decreasing the total pile ultimately causing a net reduction in tax receipts. Therefore, the answer is to decrease the tax burden which gets business going and will result in actually collecting more. I say give me a break! No discussion about the huge and increasing costs of welfare, medicare, pensions, military etc. Some people actually believe that kind of prattle. Using that logic to its fullest would result in no taxes. Great!! No government, no services, no military no education no......... Phil