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Gold/Mining/Energy : Pacific Rim Mining V.PFG -- Ignore unavailable to you. Want to Upgrade?

To: m jensen who wrote (8150)	12/13/1997 2:15:00 PM
From: m jensen	Respond to of 14627

To all something to consider: What of the possibility! when Gold prices reach the production level that we could see the US Fed Reserve become a net buyer of Gold. This could suit several purpose's; One way to get out of the Japanese, Asian crisis is to have some degree of economic growth.Buying Gold would put US dollars in Asian hands which could then be reinvested in Us Treasury Bond's or US goods and services.So it would provide US dollars and doesn't put upwards pressure on the US dollar. Distinct possibility! Gold may seem like an anachronism, but in actual fact ther's still a role for the shifting of currencies back and forth.And that would reinforce the US desire to be the world reserve currency or continue as such. Your thoughts Mike