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

To: PaulM who wrote (6740)	1/25/1998 6:31:00 PM
From: PaulM	Read Replies (1) \| Respond to of 116759

Gold and Watergate...... This analysis is dated but worth a re-read. In particular, importance of U.S. as a safe haven has increased since it was written. gold-eagle.com

To: PaulM who wrote (6740)	1/25/1998 7:02:00 PM
From: IngotWeTrust	Respond to of 116759

Now, Paul, I didn't say they wouldn't be selling ANY treasuries, b/c they ALREADY HAVE...but they aren't going to dump them or sell them in any great quantity until they get their fiscal house in order. Twould be financial suicide, credit-wise on a global scale. Think about it, Paul... If you are busy exporting XYZ to other nations, what currency would you want back in your coffers? or $? I rest my case... Jas. "collateral" is their US $ denominated Treasuries and always has been, thx t'BillyRubin