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To: Ironyman who wrote (29133)	2/27/1999 1:18:00 PM
From: Enigma	Read Replies (1) \| Respond to of 116789

Eric - <<This 'Gold Leasing by Central Banks' has in essence removed all large quantities of gold from the markets, including future production>> Not sure what you mean by this. The gold that was leased has been sold - so it has been and is in the market? There may not be much more to lease - on the other hand there may be a lot more. dd

To: Ironyman who wrote (29133)	2/27/1999 7:43:00 PM
From: Bob Dobbs	Respond to of 116789

Eric: I tried answering your question on Gold Eagle Forum. Vronsky posted it today, 2/27 at 16:41. Both the 1933 confiscation and the lease programs effectively removed gold from the market. In '33, the effect was immediate upon the American people. Today, the effect is to restrict the future world supply available. It's clear there's more than meets the eye with the lease programs. We can't be sure at this point, but the lease programs may be attempts at monetary control, and if they are, then they can be compared to the 33 confiscation in that sense also. Hope I've answered your question! Bob Email: bob_dobbs@hotmail.com Bob's Bombshelter Bear Page www.jps.net/snowyang/MarketSavvy/Contrarian/contrarian.htm