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

To: Zardoz who wrote (3094)	1/17/1999 7:18:00 PM
From: Lucretius	Read Replies (1) \| Respond to of 81885

OH come on! I think you and I both know we are discussing gold as priced in US dollars (as it is traded world-wide) Give me a break. Gee, does perception of price really change w/ respect to what currency you are using???? GEE, I didn't know that... LOL!! Question for you (don't think too hard, you might break something (G)): why does the price of gold fall or rise in US dollars (which most tend to discuss it in since it is priced in dollars worldwide!)? SUPPLY and DEMAND... PERIOD. The reasons WHY supply exceeds/or falls short of demand are what YOU are discussing and calling "supply and demand." Currency fluctuations, production, central bank selling, etc. All pricing is based on equalization of supply and demand at a point called price. GOOD GRIEF! I can't believe I am having to explain this! This is first grade level stuff. wait, now I think I may see why you appear so juvenile... perhaps you are assuming that "supply" is only production? That is not the case, which any basic understanding of economics would tell you. I am talking about supply to market (which is where it counts). that includes borrowed gold, central bank gold, distressed asian gold, producer gold.... in essence SUPPLY. I think you need to rethink what you are saying, and then you wouldn't appear so childish.