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To: Zardoz who wrote (14236)	7/8/1998 12:06:00 PM
From: Gabe Heti	Read Replies (1) \| Respond to of 116767

I heard mention of 15% on CBC radio this morning. Presumably the national Central Banks will contribute from their holdings to make up the 15%. Question is what happens to excess holdings in individual Central Banks beyond the European Bank's requirements. I doubt if France and Germany will simply sell any excesses they will be left with.

To: Zardoz who wrote (14236)	7/25/1998 10:09:00 PM
From: CLK	Respond to of 116767

While your English or perhaps just your editing could use some polish, I compliment you on your thought process which has impressed me and apparently others as well. You have a good grasp of the relationships between the money supply, currencies and the gold price and it is fun to read your posts.The fact that your calls have been so impressive speaks for itself. Good call, in particular, on the start of the bear market in the U.S. If you have not yet discovered Investor 1's web site with Kaplan's posts and the USA gold site with "another" posting, I think you would enjoy both. You mentioned the 15% gold backing for the Euro, but in another post referred to it as a weak currency. I think 15% makes it stronger than the dollar and stronger than the Yen. Perhaps that is why the Germans who love their Mark were willing to go along with it, because of the gold backing which makes it stronger than the Mark as well. The main point, however, that ties all this together is that the oil producing countries very likely are going to want to get paid in Euros and not in dollars and the other commodities will follow. Basically they are asking to be paid in gold, at least in this limited way. This end of U.S. domination over the real assets of the world by having the printing press for the world's reserve currency, is a pretty big deal. It represents a return to the reality of value for value and will be fought unsuccessfully. Your thoughts?

To: Zardoz who wrote (14236)	2/14/2000 6:51:00 AM
From: long-gone	Respond to of 116767

OT(?) home search messages help assistant log out 14 February, 2000 back to news previous article next article Icecap flood fears 'unfounded' BY MICHAEL HANLON SCIENCE EDITOR CLAIMS that global warming will melt polar ice caps and flood much of Britain have been wildly exaggerated, according to researchers in Australia. They say sea level rise in the next 100 years will amount to "a few tens of centimetres" at the most. Far from shrinking, the polar ice caps could actually increase in size, as (cont) lineone.net