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

To: philv who wrote (22085)	12/4/2004 7:10:12 PM
From: philv	Read Replies (1) \| Respond to of 81131

"For the life of me, I cannot understand why the terrorists have not attacked our food supply because it is so easy to do," Resignation speech of Tommy Thomson. Unbelievable! Even more unbelievable if he was sincere as I am sure he was. Unbelievable and irresponsible that he should actually voice those thoughts. I guess he is wondering what happened to those 10,000 sleeper agents, just waiting for the right signal to do their nefarious deeds??? Maybe somebody, anybody, probably a homebody will take him up and then he doesn't have to wonder anymore.

To: philv who wrote (22085)	12/4/2004 7:23:31 PM
From: sea_urchin	Read Replies (2) \| Respond to of 81131

Phil, I went to Puplova's site and couldn't find van Eden and went to van Eden's site and see one must pay $2000 pa to read his pearls of wisdom. So I went away broken hearted and none the wiser. All the same, I don't think it requires a great intellect to see the connection between gold and the dollar and, in fact, it's well recognised. I'm sure a problem that gold enthusiasts have is the stuff they read everywhere about gold being an insurance against financial catastrophe etc and therefore think that it is so all over the world. So, I'm glad you accept that gold has been a good investment only in the US and not in places like SA, Australia and Canada where the appreciation in the local currency has taken away all the glitter. In fact, in SA, despite historic highs in the price of gold in US dollars, most of the gold mines are making losses. Here's a piece I think you will like. I was actually reluctant to post it because of the gold plug and the gold conspiracy stuff, which I don't subscribe to, but I do agree with the first half of the article. howestreet.com I found this bit particularly interesting: >>The result of China’s failure to allow its currency to float is that it retains an unfair trading advantage in the rest of the world. As conditions in the U.S. economy deteriorate, in part as a result of that unfair advantage plus an unwillingness of America to stop living beyond its means, Europe is being forced to bear the brunt of the U.S. dollar currency devaluation. This is leading to a slow down in the European economies and potentially growing pressures for protectionism. Because the dollar’s decline has come against the euro rather than the Chinese currency, the decline in the dollar has not only failed to curb the U.S. trade deficit but it has actually grown worse over time. In other words, because China is not playing by the rules, the floating rate system on a global basis is breaking down.<< From this, it seems to me that China has the US by the balls and that the US is screwed whichever way it turns.