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

To: Eldon Slife who wrote (8661)	12/11/1997 5:27:00 PM
From: IngotWeTrust	Read Replies (1) \| Respond to of 10482

Another Bottom Line fella! You are correct. There is NO ONE that the CB's answer to in ANY MATTER, IN ANY COUNTRY. They are independent, above audit and it could all be smoke and mirrors for all anyone can "PROVE" If one is to believe the piece on the net re: Rothschilds, they are probably the closest to knowing if anyone does. All the reporting is voluntary on a "what they want us to know" basis. The Gold Field Minerals folks who give data on such matters track actual physical movements through a network they've built up over the years and trust for accuracy as far as they are willing to speak. Everything else, to the best of my ability to understand is all hearsay. This type of critical thinking will make you an excellent investor in my opinion, Eldon. Keep it up! O/49r

To: Eldon Slife who wrote (8661)	12/12/1997 12:21:00 AM
From: Feline	Read Replies (1) \| Respond to of 10482

I agree when it comes to $'s don't trust the gov't. I read a document authored by Dale Henderson from the Federal Reserve Board. (June 97) According to it the USA has not sold any gold since 1979 when it sold 11.8 million ounces. The other main sellers since 1974 have been The IMF, Canada, The Netherlands and Belgium. Since June of 97 Austrailia and Argentina have sold, which have been reported. Other small nations have also sold some but this amounts to only 12% of total sales since 1974. Total sales prior to June 97 have amounted to 71.3 million ounces. This is a very small fraction of the CB reserves (1107 million ounces). It's the lending that counts, not the selling. If it is such a relic why hasn't the USA sold it all?