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

To: DennyKrane who wrote (8576)11/25/1997 9:35:00 PM
From: maintenance  Read Replies (2) | Respond to of 10482
 
Prior to the collapse of Bretton Woods, Central Banks were selling to promote confidence in the US$. Could this be a similar thing now? Perhaps in preparation for EMU? If so will BGO or other juniors be solvent when it turns around?



To: DennyKrane who wrote (8576)11/25/1997 11:16:00 PM
From: william l. gallagher  Read Replies (1) | Respond to of 10482
 
mark,
imo the problem with gold is that the central banks will go to any extreem to keep the price of gold down because gold is a score card for the currencys. the flight to quality is a joke. why go to a currency that is backed the largest debtor the world has ever seen. it is because if the dollar falls the world you know is gone. they have trashed the world banking system and cannot fix it. it is that simple.
gallagher


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