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

To: Bill Murphy who wrote (6141)	5/31/1999 10:44:00 AM
From: ForYourEyesOnly	Read Replies (1) \| Respond to of 81011

That's actually a very exciting subject. There's no better way to stick a hot poker up the *ss of the US gov't than to offer competition for the US dollar as a reserve currency. Our present world trade system is completely unfair. The US consumes the world's resources and products, and in return gives them paper that CANNOT BE REDEEMED FOR ANYTHING. The Japanese cannot afford to sell or spend their $, since it would destroy the current trade system. So they "own" the $ on paper, while in reality they have to keep the $ in the US economy. This system will not last forever. If you really want to make gold & silver up, all you need to do is convince a few Asian gov't to sell some $ for gold. Tell the Chinese it would be the easiest and most legal way to keep the "China bashing" in line....... Tell Mathir that Soros would not be able to short his currency if it were "gold"...... Cheers, THC

To: Bill Murphy who wrote (6141)	5/31/1999 10:46:00 AM
From: ForYourEyesOnly	Read Replies (1) \| Respond to of 81011

"Perplexes me why it has to be so hush hush. " Because it would fundamentally alter the global balance of financial power. The US will most certainly throw everything they have at opposing this. If the Asians are indeed serious about it, they will have to keep it secret until "D Day." Otherwise the US will squish it just like the Asian Monetary Fund. THC

To: Bill Murphy who wrote (6141)	5/31/1999 11:36:00 AM
From: Zardoz	Respond to of 81011

Five months of 1999 gone, your price targets are still a dream. When are you going to realize that your wrong? "I was asked not to play this up." By who?

To: Bill Murphy who wrote (6141)	6/12/1999 7:25:00 PM
From: Hawkmoon	Read Replies (1) \| Respond to of 81011

I was asked not to play this up. You know how this source stuff is. Perplexes me why it has to be so hush hush. All I really know is that it was in Macao and recent and what else I said in the post. Utterly ridiculous Bill. There is no way you will find the Bankers of China and Taiwan attending the same meeting. Taiwan's not even invited to attend APEC Y2K meetings and I know that a certain US official created a slight international Faux Pas by sending out a cable to China that indicated Taiwan would be present. There was an embarrassing furor raised that went all the way to the White House and Bejing. All over a simple meeting in which Taiwan has an integral role to play. As for a Asian monetary union.... Yes, there have been discussions of creating one. Most of that talk was spurred by the financial collapses of Malaysia and Indonesia which they blamed on money speculators alledgedly terrorizing their currencies. But the problem is that there isn't an appropriate vehicle out there for an Asian currency. The Yen can be the reserve currency as they are faced with devaluing it in order to spur the economic demand required to escape the liquidity trap they find themselves in. But it goes beyond forming a joint currency. They have talked about the eventuality of forming an Asian economic bloc, APEC being its defacto model, to compete with the EU and NAFTA. Lemmee tell ya Bill. If their ability to manage Y2K and Ecommerce issues are any guide, it will be DECADES before they get their act together enough to form a single currency. It will happen only has the result of another major economic crisis. Regards, Ron