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

To: Bill Murphy who wrote (5204)	4/10/1999 9:25:00 AM
From: Bobby Yellin	Read Replies (1) \| Respond to of 81164

Hi Bill The times appear to be getting more and more exciting. I have a feeling as you post less here, you will probably wind up with more customers on the Le Metropole cafe ..rofl.. so I guess a lot will lose..but not you :-) I had a dream which I didn't tell Hutch..that he had a table there and would provide his technical analysis and analysis.. He has been so right on..did you see that post he wrote in November? Message 6454951 He also posts a lot less now..who needs negative vibrations I just wonder why the South American and Latin American countries are afraid to tell the IMF that natural resources help their countries and let them fish rather than having the bankers being fed. Are they afraid that the total pond will be removed. I hope you read PaulM's fantastic post on gold monitor thread.. it won't necessarily help the GATA cause..but his vision is so clear "To: Morgy_Dog (31339 ) From: PaulM Friday, Apr 9 1999 8:53PM ET Reply # of 31436 "whenever I hear inflation these days or productivity..." I would take it a step farther. I don't think the govt numbers are worth paying attention to. Greenspan's talk about productivity is just an attempt to support the govt's inflation numbers, avoid any hint of a slowdown, avoid any calls for a rise in interest rates and generally maintain the bubble at any cost. The numbers don't determine the policy. The policy, which is pre-determined, drives the numbers. B, ask yourself, if we're so productive, then why can't we make sneakers for $2 a day like the Indonesian? Or, like Korea, Brazil, et al., with their recent currency devaluations, sell our goods at half price in dollar terms? It's the producivity of FOREIGNERS we rely on to keep inflation low (though certainly not as low as the CPI would suggest). This enables us to focus on things like entertainment, sports, high tech etc., and, most lucrative of all, finance (which means moving money from one place to another, often unproductively and inefficiently). It all comes down to what many gold bugs have been focusing on for some time: the dollar's reserve currency status. Without it, wealth creation would require export to other countries. When that happens, I suspect our productivity will be sorely tested. " ---------------------------------------------------------------------- Bobby