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

To: Bill Murphy who wrote (4783)	3/25/1999 1:12:00 PM
From: long-gone	Read Replies (2) \| Respond to of 81091

Bill, just got this, please follow up. > Subject: Re: conspiracy page > Date: Thursday, March 25, 1999 10:30 AM > > On what subject do we disagree? > > The organization you are affiliated with seems to be protesting > manipulation of the gold markets. That is a very noble cause. > > By the way, a lead for you: BIS has a fixed gold:US$ ratio of > $208/oz. They also use the US$ as the benchmark currency for > conversion of all other currencies to gold. > > Why is BIS doing this? Well obviously, this exerts a pressure to keep > the price of gold down. Why do they do this? They want to keep gold > a bad investment as long as possible. Why? Because eventually, it > will be one of a tiny handful of good investments in an ocean of > losers, and by keeping the price of gold low it's easy for those with > vision (or inside knowledge) to amass caches of it. > > BIS is Bank for International Settlements in Basle (www.bis.org), the > world central bank, if you didn't know. I got the information on the > exchange pricing and currency conversion mechanism from their web > site. > > thanks richard