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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: John Hunt who wrote (32852)	4/29/1999 5:41:00 PM
From: Enigma	Read Replies (2) \| Respond to of 116862

John - I think you're right in that the gold is deposited by member countries in the same way as shareholders inject equity - after that, however, the gold is the IMF's - but it takes a vote of 85% of the members for it to be sold by the IMF. At least seems the logical chain. d

To: John Hunt who wrote (32852)	4/30/1999 3:43:00 PM
From: long-gone	Respond to of 116862

China gears U.S. enemies for battle Military is preparing for confrontation, expert says By Jon E. Dougherty © 1999 WorldNetDaily.com Current and former members of the Chinese military are urging Beijing to take a more "hawkish" approach against U.S. hegemony in Asia in the immediate and long-term future, according to experts who spoke with WorldNetDaily. At the same time, People's Liberation Army (PLA) officials are working double-time to acquire new, more modern weapons systems and then proliferating those systems to other nations deemed "hostile" or "potentially hostile" to U.S. national interests. Wes DeMont, a former FBI agent who investigated espionage activities for the Bureau, said China has become more aggressive in recent years in attempting to acquire sensitive military technology from the United States "and anywhere else they can get it." Recent revelations involving the theft of U.S. nuclear technology by spies within the Department of Energy's nuclear weapons laboratories have stunned many congressional and administration officials. But DeMont said that's not the only problem the U.S. may encounter from the Chinese in the coming months. "Right now, as we bomb Yugoslavia and Iraq simultaneously, we're just about stretched to our military limits," DeMont said. "Imagine, if you can, what would happen if the U.S. suddenly had to fight a three- or even a four-front war, a real war. There is just no way we can do that with our current resources." DeMont said that he believes the Spratly Islands, a small chain of islands *located at the western edge of the South China Sea* reedbooks.com.au, "is more likely to be where World War III begins than in Yugoslavia." Several nations claim the islands, he said, but only one -- China -- has actively begun placing military observation and support sites there. He added that at last count, Beijing had stationed three Chinese navy warships off the coast of the main island. worldnetdaily.com