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

To: John Barendrecht who wrote (3120)	11/13/1997 11:27:00 PM
From: philv	Respond to of 116826

John: Things aren't as transparent as they seem judging by your post. Many people don't realize (though most on this thread do), that the Fed. Reserve bank is a group of banks in the US, privately held, and they alone have the authority to physically print money and set interest rates, affecting monetary and fiscal policy worldwide. A close examination of any US paper note bears not the government guarantee, but the Federal Reserve Bank. Sounds like government, but it isn't! Excellent post John: gives rise to many more questions,- no clear answers, as these international bankers aren't known to be open or forthcoming. Only when these questions are fully answered can one really understand the forces controlling the price of gold. Regards: PV