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

To: Abner Hosmer who wrote (2444)	10/25/1997 1:57:00 AM
From: JOSEPH RASPANTE	Read Replies (2) \| Respond to of 116931

The U.S. has alot of debt out that could potentailly cause big problems worldwide if it were not held. Gold is the alternative and a good one but if countries were to sell treasury bonds and buy gold we would have a financial panic, so it is in governments interest to keep the interest in gold down (as long as the U.S. keeps its money good). So I don't think that the rise in gold that we all have been waiting for is NOT going to happen in the foreseeable future. The Governments have alot of gold and I believe there all together on this one. any comments appreciated JR.