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

To: lorne who wrote (34893)	6/6/1999 9:03:00 AM
From: lorne	Read Replies (2) \| Respond to of 116764

Gold Auctions: Results of Consultation with LBMA Members 3 June 1999 bankofengland.co.uk

To: lorne who wrote (34893)	6/6/1999 11:35:00 AM
From: John Hunt	Read Replies (3) \| Respond to of 116764

Major Currency Battle Now Underway Masked by Equity Bubble << Current economic events boil down to two economic forces at work that essentially divide the world into two camps: debt holding countries of the US dollar and countries who are distancing themselves from US debt by way of physical gold possession and the Euro. All current world events seem to be explainable when viewed in this manner. The two camps are the US$/IMF faction (IMF is International Monetary Fund) and the Euro/BIS faction (BIS is Bank of International Settlement). The US$/IMF camp is dollar based paper and debt; the Euro/BIS camp is gold-based currency and gold bullion and oil. The current run up in the US dollar and equities market is a result of the skewed influence of the US dollar in world economic events. Furthermore, it demonstrates strength when viewed from its existing role as a world reserve currency. It is this role of 'reserve currency' that is the focal point of a currency war now in progress. This currency war is masked, however, by the power and control of the media of the US$/IMF faction, and by the apparent strength of the dollar and the dollar denominated stock markets. It is this apparent strength that blinds all of us to the struggle now waging in world markets. Knowledge that the battle is in progress provides us with a perspective from which current economic events become crystal clear, because the players are Gold, the Euro, and the Dollar. ... more ... >> gold-eagle.com