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


To: Bill Murphy who wrote (3219)1/28/1999 7:51:00 PM
From: Pete Mimmack  Read Replies (1) | Respond to of 81003
 
Cool! Will you please ask them to put a videoclip of the interview on the net for us? Since your primary business is lemetropolecafe and you have a lot of friends out here, I'm sure they'll get lots of traffic from it.

Thanks,
Pete

tomorrow's guest list:
cnbc.com



To: Bill Murphy who wrote (3219)1/28/1999 7:56:00 PM
From: Mark Bartlett  Read Replies (1) | Respond to of 81003
 
Bill,

Best of luck on your CNBC interview ... will be interesting to see how it is received and discussed.

MB



To: Bill Murphy who wrote (3219)1/28/1999 8:21:00 PM
From: C Hudson  Read Replies (1) | Respond to of 81003
 
Bill, Best of luck to you. I hope you mention the "explosive" potential of the gold market due to all the short positions and that it is only a matter of when, not if, they are unwound. Get your cheap gold while you can! Give Joe Sixpack a mental note to remember that when the gold market starts to move, there is no turning back. After all, it is CNBC and the like that created the mania in equities. We need that mania to move into gold.



To: Bill Murphy who wrote (3219)1/28/1999 8:24:00 PM
From: Stephen O  Read Replies (1) | Respond to of 81003
 
Be careful Bill. I expect that they will try to ridicule you. May God and Gold go with you. Good luck. Stephen O



To: Bill Murphy who wrote (3219)1/29/1999 12:21:00 AM
From: J.E.Currie  Read Replies (2) | Respond to of 81003
 
Bill,
I look forward to placing the face and your sound byte presentation. Hope you can find an opening to suspend the
moment and thought.
jec

FWN: 094326 GMT


New York Meeting Examines Gold's Monetary Role

New York-Jan. 28-FWN--Gold's monetary role and its
position as a reserve asset throughout the world were
vigorously presented at a conference arranged by the
Reinventing Bretton Woods Committee in New York this week.
The 2-day event which set out to examine ways to strengthen
international monetary cooperation attracted a number of
distinguished speakers and delegates including the deputy
finance minister of Germany; senior officials of the World
Bank; and a large number of country directors of the IMF.
Dick Ware, representing the World Gold Council's Public
Policy Center in London, argued that the advent of the euro
as the second major global currency could well pose problems
for the international monetary system. "For the past 35
years, the dollar has faced no significant challenge," he
said.
"Now, however, the euro, representing as it does an
economy almost as large as that of the U.S. and with
extremely important capital markets, gives countries a real
choice as to where they want to hold their reserves and what
arrangements they might make for aligning their currencies,"
Ware added.
Ware cautioned that the coexistence of two quasi-equal
currencies could well lead to more instability, as when
fashions changed, investors may forsake one and rush to the
other.
"If this were to prove the case," he said, "then this
would be a very good reason why gold would benefit any
portfolio. Its qualities make it negatively correlated with
virtually any other financial asset and this improves the
risk/reward balance."
Ware went on to say that gold represents the second
largest component of official sector reserves by value
making up some 16% of total holdings. He said that the IMF
holds substantial amounts of gold and it was, in fact, the
third largest individual holder. Its Executive Board in 1995
agreed that there were extremely good reasons for continuing
to hold gold -- not the least being that they were able to
respond to unforeseen contingencies -- of which the arrival
of the euro may be one.
He reminded the audience that since an amendment to its
articles in 1978, the IMF has forbidden its members to peg
their currencies, in any way, to gold. "This is surely
unnecessary," said Ware. "Gold will stand or fall on its own
merits, which are many. Why should the IMF any longer be so
dogmatic that it cannot allow its members to choose freely
their currency arrangements?"
The World Gold Council is an international organization
formed and funded by leading gold mining companies from
around the world to increase the demand for gold. The
countries served by the Council account for approximately
80% of global gold demand.

(c) Copyright 1999 FWN



To: Bill Murphy who wrote (3219)1/29/1999 6:11:00 PM
From: Robert Dirks  Read Replies (2) | Respond to of 81003
 
Bill, Absolutely Brilliant!
I don't care what the CNBC talking heads say, it takes balls to do what your doing.

GOD Bless you .

Go GATA........
oh yes, Go GOLD......



To: Bill Murphy who wrote (3219)1/30/1999 1:50:00 AM
From: John Pitera  Read Replies (3) | Respond to of 81003
 
Bill,

I really enjoyed your appearance today on CNBC, I thought that you
acquitted yourself nicely on the Gold Anti-trust issue, and that was
in the face of some less than friendly- slanted questions.

I am going to check out your site and see about subscribing.

Best Regards,

John