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Gold/Mining/Energy : Bema(Bgo) and Arizona Star -- Ignore unavailable to you. Want to Upgrade?

To: virginijus poshkus who wrote (8285)	11/3/1997 5:56:00 PM
From: william l. gallagher	Respond to of 10482

the central banks are killing themselves trying to keep the price of gold down. when they bailed thailand out with the 23 bill thailand did infact have 37 bil. of us treasuries. rather then have them back out of these bonds they gave them a bail out. the same happened with malaysia. that was another 33 bil. if there is a run on our bonds the world we know will be gone. this is why they do not want us in gold. i am sure the swiss said what they did because of proding from our treasury. the central banks will go to any expence to save their past mistakes. however the 50 or so bil they spent does have a limit and when that limit is reached the presses start. every one with any sence buys gold driving the currencys down till they take our gold away again. sorry to be so down but i just hate thoese guys. gallagher