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Politics : Dutch Central Bank Sale Announcement Imminent? -- Ignore unavailable to you. Want to Upgrade?

To: Tomsr who wrote (497)	8/4/1998 10:32:00 AM
From: m.philli	Respond to of 81137

Exporting there way out of trouble hasn't been working. The U.S. Dollar has to come down against the yen eventually. the U.S. trade deficit is getting too high. The world has too get money in the hands of Asians, if it doesn't, theres going to be BIG trouble. Strengthening the yen will start the Japanese buying, every CB in the world wants this. opec wants this. The EU, has more gold than it needs to maintain confidence and stability. Asia is developing and gold is needed for confidence and stability. If the EU central banks realize they can stabilize and get the Asian economys growing by selling gold to them at 300, knowing it will go to (say 600), they lose nothing. The gold they have left is worth twice as much, the gold leased will come back at 600. EVERYBODY wins, except short hedgers, gold companys who are hedged. I don't know if this is happening, I just "HAD A VISION", if you guys can shoot the hell out of it, go ahead. I'd be very happy to understand why it wouldn't work!