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

To: Ironyman who wrote (3618)	2/21/1999 5:18:00 PM
From: Tom Byron	Read Replies (1) \| Respond to of 81840

This Is Major Tong To Ground Control: vat no commentary on my silver vs soybean monthly charts....(^.^) well, i said it once (well, actually more than once) that the xau will bottom in mid-june in the low 20's and gold in the low $220....@ getting my just desserts for posting charts in the middle of a food fight...:(

To: Ironyman who wrote (3618)	2/21/1999 5:24:00 PM
From: Hawkmoon	Read Replies (1) \| Respond to of 81840

Due to the relative rarity of gold and silver, would not any economic growth worldwide place even higher premiums on the relatively limited availability of capital to back them up (Given the understanding that capital would only be available if there were the requisite reserves of gold)?? So wouldn't economic growth basically become dependent on the speed and efficiency with which gold could be mined from the earth in order to meet the demand for capital?? ******************************** Eric, Would you care to comment on the above fundamental issue revolving around the re-establishment of a gold standard?? Btw, oil is far more oversold than gold.... just ask the 14,000 petroleum workers who have been laid off this year. The only problem is that the folks doing the overselling are the producers. Since gold mining companies seem to be continuing to forward sell their gold production at these prices, might there be a correlation?? Regards, Ron