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To: Hawkmoon who wrote (27376)	1/30/1999 9:26:00 PM
From: Bill Murphy	Read Replies (1) \| Respond to of 116762

Ron, Good points. Too tired to go into it now. The essence is, the public will not allow that in many countries- to sell their gold. EMU says they will not. We know the Asians want to buy. The fact that Gore says the IMF should, fits right into my US hold the gold price down idea. Sounds silly a a bit- but I will take Gore to task on that in 6 months if I have my way. bill

To: Hawkmoon who wrote (27376)	1/30/1999 10:35:00 PM
From: Rarebird	Read Replies (1) \| Respond to of 116762

< What prevents the CB's from all getting together and selling off their gold to bail these highly leveraged institutions out? > Absolutely Nothing. But what will prevent all this HOT safe haven money into the U.S. Dollar from being reallocated into Gold Denominated Assets? Ron, you repeat yourself so often you sound scared here because you know that day of reckoning is coming THIS YEAR! < Isn't it still evident that the CB's have some very heavy hammers left in their inventory for pounding down the price of gold? > When the dollar tanks along with the stock market, all that freed capital will be able to consume all the Gold that the CB's want to dump on the market and a lot more. You sound like your in the GOLD COLD WAR, Ron. I know where you are coming from: Use any intimidation tactic possible as long as it succeeds in maintaining the current financial fiasco! It won't work! Why? Because You won't have a leg or a dollar to stand on. Ron, do you work for a hedge fund? Or, do you work for the Treasury Department? Who have you sold your soul to? It is clear your interest is not a humanitarian one. So stop playing games.

To: Hawkmoon who wrote (27376)	1/31/1999 10:40:00 AM
From: The Street	Respond to of 116762

<<Or better yet, do as Al Gore suggested at the World Economic Conference, and have the IMF sell off their $30 billion in gold reserves so that money can be reinvested in assisting developing countries with their economic recoveries.<< Who do you think will be buying that Ron? Who is buying all the CB's gold? That IS the question.......

To: Hawkmoon who wrote (27376)	1/31/1999 12:28:00 PM
From: lorne	Read Replies (1) \| Respond to of 116762

Hi Ron, you said >>>As I've said, a rising price for gold threatens the current financial system. The CB's will do anything to protect that system. <<< Ron, How can gold or anything else be a threat to a stable financial system. If you feel that gold is a threat then you must feel that the present paper system is not serving the world very well and if its not working very well why not fix it, if gold is the fix then use it. Sounds like your starting to think like a gold bug. Take care Lorne