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

To: Zardoz who wrote (4825)	3/25/1999 6:51:00 PM
From: m.philli	Read Replies (1) \| Respond to of 81014

Thanks for answering Hutch. I admit the word "pyramid" did cross my mind while thinking about this. Kind of like internet stocks-eh. (joke) As far as storage costs go, We could melt it into one big glob and let the owners on the internet "keep an eye on it" (half joke) With gold at $290, how much would it cost for a couple of options to buy at say $4-5 hundred, 12 months out. When I talked about dividend, I meant returning one option to the shareholder to do with as he pleases. The other option exercised by the company when the price of physical gold (due to demand) has caused a price in the 7-8 hundred range. Do you think that it might be possible to create enough demand (investor interest)on physical gold to cause it go this high. Or would the IMF, CENTRAL BANKS, and PRIVATE INVESTORS be willing to sell enough physical to prevent this kind of a rise. If it did go that high and the options were (sold?)exercised, the capital raised from the option exercise could be used by the company for something constructive. Such as buying a sovereign undeveloped island to be developed as a resort retirement complex, with the physical gold stored there in a structure. Company investors would have priority for immigration/and or residency. This would provide income on company assets (money made from derivitive), by selling island residential property, businesses and income from the palace/hotel resort. This would provide the shareholder with security of finances but also security of person.(As on this sovereign island home invasion on old people would be tolerated like drug traffickers in Singapore. Might not be a bad investment for the future? What do ya think! Not a hope in Hell!? -mike

To: Zardoz who wrote (4825)	3/25/1999 7:25:00 PM
From: Hawkmoon	Respond to of 81014

Hutch, The only advantage of having stock fully backed by gold is that, if the institution that held that gold were fully reputable, you'd have some assurance that stock could be turned in and redeemed for gold directly from the company. Intrigueing idea. But again, it all rests with the trustworthiness of the people and institutions responsible. as for that camera taking snap shots on a regular basis, how would anyone know that the camera wasn't hooked up to a VCR playing a tape of a stack of gold sitting in a vault... :0) Regards, Ron

To: Zardoz who wrote (4825)	3/25/1999 8:21:00 PM
From: Lucretius	Read Replies (2) \| Respond to of 81014

I sure hope you are short gold or gold stocks next week... HO HO HO If I could only see your face.... :)

To: Zardoz who wrote (4825)	3/25/1999 11:35:00 PM
From: long-gone	Read Replies (1) \| Respond to of 81014

<<is a pyramid scheme. The first few investors which would have to pay a premium over gold, would draw in the other investors. And thus when the top is reached, and the first investors wanted to sell, the pyramid would collapse. Gold is a none dividend investment unless you loan it out, like CB's do.>> I like it, note pyramid is based on growth of base of new speculators. as more and more gold were taken out of circulation the price would boom. One would want to (at some future price point) start selling back into far higher price. Would need to setup in some place off shore. Gold Price Manipulation Inc.? ticker "GMPI" taken" Oh, would need the "Y" on the end. Price could move up for ever. supply of gold is limited.