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To: Alex who wrote (7872)2/25/1998 11:21:00 AM
From: Mike M2  Read Replies (1) | Respond to of 116764
 
Alex, thanks for the sting post. Maybe they should call it the scorpion's sting. Mike



To: Alex who wrote (7872)2/25/1998 6:41:00 PM
From: goldsnow  Read Replies (2) | Respond to of 116764
 
The goal of BIS (German/French) was peaceful co-existence with Soviet Union. (please do not invade us and we give you money) Ronald Reigan upset the whole thing by calling "evil" evil and backed it up by "Star War" doctrine... Eastern Europeans did the rest once Red Army
and the will to kill started to unravel..BIS/Europe got lucky..or did they?
Chernobyl followed...Small potatoes of what to come?

Separatly,
Barter Era arrived for good?..

''It should be established once and forever. If there's no money, give up your property,'' he said.

infoseek.com




To: Alex who wrote (7872)2/25/1998 10:45:00 PM
From: Bob Tate  Respond to of 116764
 
The Sting
"Another thought, the Japanese could acquire gold in a different way. They could sell our bonds and buy the EMU, the new European currency that the BIS is sponsoring to replace the dollar. The EMU is expected to be a package combination of gold and paper. "

If Japan sells US bonds and :

1. Buys yen. This will effect their international competitive edge.
2. Buys gold. POG goes sky high.
3. Buys Euro. This will not effect yen or gold directly

Make your choice.