KITCO GOLD FORUM
1997-1999

index
Date: Sun Apr 12 1998 23:57
Poorboys (Did Ted finally do it ?) ID#224149:
Pete It ‘s OK ---One Day EB will be understandable or over –understandable --That makes sense ---Then Gold Will ----=-

Date: Sun Apr 12 1998 23:56
coinman1 (a good website for Asian metals prices ) ID#341206:
I would like to know a good precious metals site that keeps up to date spot prices for gold, and silver for overnight trading. Please let me know if you have a site that does this. my e-mail is: air@2air-inc.com thank you

Date: Sun Apr 12 1998 23:55
SDRer__A (Iran Starts Gulf Wargames) ID#288155:
15,000 troops and 3 submarines are exercising in the Gulf. [They must get very wet?] April 12
http://www.arabia.com/

Date: Sun Apr 12 1998 23:54
aztec__A (@Mrymidon) ID#255304:

Your 15:42 was a well needed laugh after a long day. How bout this wind. There was a mass exodus out of mexico last night. Sand storms in Rocky Point.

Date: Sun Apr 12 1998 23:50
HighRise (Globex) ID#401237:

S&P 500 JUN98 1123.20B +370

Another is not gone, they have more class than those who insulted them - they are above that kind of negative non productive conversation.

IMHO

Good Night and Good Luck, what a beautiful Easter weekend - God Bless.

HighRise

Date: Sun Apr 12 1998 23:48
Gold & Silver & Platinum Bug (Andy Smith & UBS) ID#432214:
Copyright © 1998 Gold & Silver & Platinum Bug/Kitco Inc. All rights reserved
What a lame gold research report, Written on March 10th you say, and perfect timing just before the major gold stocks took off. Ha, Ha, nice short -- NOT ( I bet all those UBS clients are happy with there gold short losses. )

March 7, 1998
ABX -$27.65, PDG-$17.65, TVX -$4.21, K- $5.05, NEM- $27.75 HM - $10

On a more positive note he sure has the site pegged. IMHO Any Smith has been lurking and probably secretly posting. ( Maybe as a gold bug!!!!!!! ) . When gold continues its new bull market he will turn to the long side and probably call golds rally just a correction within the greater bear market.

Finally, I think that due the fact that his whole March 10, 1998 research report was dedicated to trashing Bart's site and our collective postings, in the spirit of Easter we should invite him to post his remarks and comments directly to the group and save our precious time accessing the UBS web site. He obviously has enough time on his hands to lurk and criticize from a distance, he should submit his comments and have to defend them like all the other provocative posters do on this site. Come on Andy, we know you are lurking, stop hiding and start posting.

The BUG

Date: Sun Apr 12 1998 23:48
TYoung (Nick@C-please lie to me-please) ID#317193:
All the world loves America-right? Just ask S.E.Asia and soon, Japan, Europe, Mexico, etc. Tom P.S. it really is the banking system, fractional reserve you see-$$$$$ out of thin air.

Date: Sun Apr 12 1998 23:45
Pete (Nick@C-Thin Skins) ID#222231:
I, speaking for myself only, would rather hear the truth as you see it, as much as it might hurt, if done civily.

Going in the back seat of poorboys mercedes and then to bed.

Date: Sun Apr 12 1998 23:44
Skeptic (Another) ID#288100:
If he or she is gone I will miss the posts. I got the feeling he was a little less obtuse than the posters who may have run him off.

Date: Sun Apr 12 1998 23:44
Myrmidon (@ Ray re: 21:14 on gold top) ID#339212:

Very good point Ray, how can one differentiate from PSEUDO and real goldbugs on a market top? You are correct, and I thank you for your input.

Date: Sun Apr 12 1998 23:42
EB (Teddy.....not Freddy...) ID#22956:
-
Yeah Ted, the Fred choked it. Had his chance. Mark O. will wear the jacket well. Now, to gold.....er brewing...thanks to all for the brew talk. I needed that. Yeast started to bubble. A little. It will be full force by x-files. Go GOLDen brew.

Good show Auric. Let us hope the 'donation' suits it's purpose.

Ted, try this.... ( duh ) ...

http://www.cme.com/cgi-bin/gflash.cgi

¥en is hopping mad.....¡go ¥en! D-mark?!?

MikeS - I steeped some good germanic grains. Will try oatmeal next time. Yes! Thanx. Print.

Nick@C - We know...we have a booger hangin' out of our nose....and our breath stinks.....uh huh.

away...to check my armpits for stench.... ( ugh ) ...

Éßrewkid

RJ good move in plat? ¿mañana? bart, where is that maple... ( ? )

Date: Sun Apr 12 1998 23:42
EJ (@tolerant1: I liked optimism in your repost. ) ID#45173:
How do you envision the world after the end of the current era? I get the impression that you are not a member of the ox-drawn-Chevy/generator-in-the-basement/guns&gold school of the post-Keynesian world. If you were to write a screenplay for a year 2005 movie, what does the world look like?
-EJ

Date: Sun Apr 12 1998 23:39
aztec__A (@Cyclist) ID#255304:

I am interested in knowing what data lead you to your 4/20 and mid may projections. Thanks

Date: Sun Apr 12 1998 23:38
Auric (NEWS!™) ID#255151:

New York Times reporting NationBank to merge with Bank America. http://www.drudgereport.com/

Date: Sun Apr 12 1998 23:38
tolerant1 (NickC - first off, a most Happy Easter to you, heartfelt...) ID#31868:
now as to Australians, I think everybody should own one.

Date: Sun Apr 12 1998 23:35
Nick@C (Thin skins.) ID#393224:
Those of you who are overly sensitive re: what Haggis or other Antipodeans may say about the American Political System, let me ask you this:
would you rather your best friends told you to your face what the rest of the world is thinking about you, or would you rather we lied and kissed your ass like everyone else does You sure as hell are not going to hear the truth from your own media. Think about it.


Date: Sun Apr 12 1998 23:31
tolerant1 (Studio_R) ID#31868:
Namaste'

Date: Sun Apr 12 1998 23:31
Cyclist (projection) ID#339274:
FWIW,turning point April 20,a powerful rally.
Second week May ,project Silver 7.85,Gold 340,Plat 470.
Take a look at copper ,its breaking out and aiming for .95 ,next 1.10
by the summer.Happy trading.

Date: Sun Apr 12 1998 23:30
Poorboys (Like Robin ---But that last name -----) ID#224149:
STUDIO.R ---Like Pink Floyd would Say, “Have a cigar “ I only did it for the numbers Good Night Studio man---And Happy Recordings


Date: Sun Apr 12 1998 23:29
tolerant1 (EJ) ID#31868:
Oh, by the way, the echo is me...

Date: Sun Apr 12 1998 23:28
EJ (@tolerant1: Cheers to you, too. Drinking my favorite Pete's Wicked) ID#45173:
Copyright © 1998 EJ/Kitco Inc. All rights reserved
Ale tonight.

Here's a note on the new circuit breaker rules on the DOW going into effect Wed. This may be old news to you, but I haven't paid much attention to this is detail. Whereas the DOW could only go down a mere 350 points before a mandatory 1/2 hour break, now it can go down 1800 points from the current 9000 before taking a breather, and if it does it before 2:30pm, it can start right back up again, but it gets shot down until the next day if it keeps dropping 2700 points.

I guess soon we'll find out if my friends who are still in the market are as bold and in it for the long term as they think they are.
-EJ

http://dailynews.yahoo.com/headlines/business/story.html?s=z/reuters/980412/business/stories/circuitbreakers_2.html

Date: Sun Apr 12 1998 23:23
HighRise (Japan Bond Purchases) ID#401237:
Copyright © 1998 HighRise/Kitco Inc. All rights reserved

Sunday April 12, 8:37 pm Eastern Time

Japanese turn net foreign bond buyers in February

TOKYO, April 13 ( Reuters ) - Japanese investors bought a net 222.1 billion yen worth of foreign bonds in February
after net sales of 1.156 trillion yen in the previous month, the Ministry of Finance ( MOF ) said on Monday.

Bonds include beneficiary certificates but exclude all bills.

Details of Japanese and foreigners' investments were as follows ( in billions of yen ) :

JAPANESE INVESTMENT

Foreign stocks: Net Foreign bonds: Net
February -190.0 February +222.1
January -345.1 January -1,156.3
FOREIGNERS INVESTMENT
Japanese stocks: Net Japanese bonds: Net
February +994.4 -317.9
January +394.5 +23.4

HighRise

Date: Sun Apr 12 1998 23:21
STUDIO.R (@T#1....) ID#288369:
Here' Robben and Leo on the same billing http://www.mpmusic.com/austin/rock.htm

Date: Sun Apr 12 1998 23:17
2BR02B? (@tolerant1) ID#266105:


...iow, as I've seen it put, how much work could
a network work if a network could net work.

Date: Sun Apr 12 1998 23:16
tolerant1 (EJ) ID#31868:
Hope you and yours had a lovely Easter. Gulp, a toast to ya, cheers!

Date: Sun Apr 12 1998 23:14
tolerant1 (Studio_R - Hmmmmmmmmmm, strong post, and I might add) ID#31868:
that any individual that can play a guitar after being condidered is without question worthy of such praise.

An album and or a label that I might awaken tomorrow and purchase discs.

Date: Sun Apr 12 1998 23:12
EJ (@tolerant1: re repost ) ID#45173:
Do you echo the wishes of the man you are reposting?
Regards,
-EJ

Date: Sun Apr 12 1998 23:09
EJ (@Aurator re: Andy Smith ) ID#45173:
Copyright © 1998 EJ/Kitco Inc. All rights reserved
Followed the URL you left to Andy Smith's page. Andy reminds me of a college roommate of mine ( too many years ago ) who grew up in Brighton England and SA, had a great sense of humor, a talent for making fun of people, but no willingness or ability to substantiate an opinion. I don't mind being called weird provided I am right. I am always on the look out for a compelling argument to contradict my belief that we are at the top of a worldwide debt and equity cycle that in the next few years will reverse in a potentially very long period of deflation and/or inflation, and that this reverse will be triggered by one of many possible events, and during that period confidence in gold as a store wealth will increase while confidence in paper instruments will decrease. Have you seen anything in your web travels?

Regards,
-EJ

Date: Sun Apr 12 1998 23:08
Poorboys (When Art Meets Art ---Then Death) ID#224149:
STUDIO.R ---Better than Hendrix ---Touch the Sky ---Feel the Wind ---and then die ---Music is Hendrix


Date: Sun Apr 12 1998 23:07
tolerant1 (a repost, Hmmmmmm) ID#31868:
Copyright © 1998 tolerant1/Kitco Inc. All rights reserved
Where there is no dream, the people perish. We must collectively provide hope, and challenge the human spirit. Life is effort, when any individual no longer believes this they begin to wither.

Individuals that confront challenges, disabilities and disadvantages awaken each day with a sense of worth, becoming more valuable to themselves and society as a whole.

I do not pretend to be a master of the issues, nor do I believe that I alone have the collective wisdom and foresight to make responsible decisions that will effect our lives as well as generations of the unborn yet to come. We all need to actively participate in the decisions pertaining to the world we live in and share.

Now is the time to act, to help reshape common thought and let peace, tranquillity, wisdom and spirituality guide all of us as we enter an era when humankind can truly appreciate the integrity of creation.

The entire range of inter-cultural and international affairs is at an unprecedented point in human history. There is no question that as we hurtle towards the dawn of the 21st century a miraculous window of opportunity is opening. A new age renaissance, wherein all citizens of the world will come to truly understand their inter-dependence upon one another.

Business as usual is no longer the standard fare on the global plate, new methods, a new form of understanding and a true desire to communicate are quickly altering the self-imposed myths that have held back humanity from moving forward into the sun lit river known as the future.

Instead of acting like children that shy away from the dark, let us move together, step by step, hand in hand, into a world which is illuminated by sensitivity, intellect and compassion. Let the global populace embrace a universal sense of community through the individual gift that each member of humanity brings into the world.

We must strive for a world where there is freedom to access and access to freedom. A world in which people realize that communication and teamwork are essential for all of us to live in community.

We have the tools, let each of us learn how to put them to work.


Kevan S. Khanamirian

Date: Sun Apr 12 1998 23:07
2BR02B? (@tolerant1) ID#266105:


8-track ate Eight Mile High ( sigh ) . Marital unit has
a 12-string, nice Ovation I bought for her before we
married, 'twere alotamunny then. Kicked off by the
kids, last minute homework as usual.

Date: Sun Apr 12 1998 23:00
STUDIO.R (@T, 2B, P-B......) ID#288369:
Copyright © 1998 STUDIO.R/Kitco Inc. All rights reserved
Robben Ford, middle son of Chas. Ford ( Rocky Ford and the Tennesseeans fame ) , was born in Woodlake, Ca. on Dec. 16, 1951. His family moved to Ukiah, Ca. when he was very young. This is the town where he grew up.
At 19, Robben was condidered by most guitar players at that time to be the best blues and jazz player alive. He was asked to joined Miles Davis when he was 19.

Since, he has covered an endless list of guitar recordings for many an artist who could not perform the chop themselves during the recording....and when you hear a commercial on t.v. with guitar...it is most probably Robben. He has toured and played as a hired gun for everybody...period.

I, as every guitar player that I know, will attest that Robben is the most soulful, original dead-on head-chopping blues/jazz player that is alive today. His only competition would be Wes, if he were alive. His work is flawless and heart wrenching. As Linda Ronstadt once said, He is the only man that has ever touched a guitar.

And yet, most music lovers have never heard his name. Only the guys know.

Date: Sun Apr 12 1998 22:56
SDRer__A (tricky, matt says,) ID#288155:
set to report that NATIONSBANK CORP. and
BANKAMERICA CORP. will announce marriage on Monday,

Chase and Morgan are also on the prowl... {:- )

Date: Sun Apr 12 1998 22:56
jims (Derth of activity) ID#252391:
Gold quotes on CBS are at least 13 hours old - probably older. Yen at 128.4. Looks like a snouze till NY opening with the possible exception of the SWISS who might do a trade or two off which to get a direction.

Date: Sun Apr 12 1998 22:52
Poorboys (Easy Words---Going for the record---On your back) ID#224149:
STUDIO.R –Robin Ford –Still Searching for the reoccurrence of tooth hydrographic amoebic dysentery—Easily Said

Date: Sun Apr 12 1998 22:39
chas (PJL re email) ID#342282:
Thanx a lot. I have to study and get the charts. Will be gone to about Thurs. and watching all the way. At least you have 2 options and it won't take long to figure. Charlie

Date: Sun Apr 12 1998 22:32
STUDIO.R (@Speed......) ID#288369:
Muchas Garcias! ( cabo spelling )

Date: Sun Apr 12 1998 22:31
tolerant1 (2bro2b - last time I saw Leo was in the Kentucky theatre,) ID#31868:
downtown Lexington. He played 8 Miles High for me as a special request. All that glitters is not gold.

Date: Sun Apr 12 1998 22:30
Mr. Mick (Just popped in for a second - STUDIO.R - I agree with you re: Haggis) ID#345321:
I don't comment on the Austrialian political system, he shouldn't tell Americans how the American system runs.
'Nuff said.
Bye for now............

Date: Sun Apr 12 1998 22:29
tricky (more problems for year 2000 - solar flare storm) ID#304282:
http://www.pathfinder.com/@@yQsh2AUABc4RMSCY/time/magazine/domestic/1996/960909/space.html>http://www.pathfinder.com/@@yQsh2AUABc4RMSCY/time/magazine/domestic/1996/960909/space.html

Date: Sun Apr 12 1998 22:26
Speed (Studio R and Tom Another's last post) ID#286199:
http://www.kitcomm.com/comments/gold/1998q2/1998_04/980409.192227.anotheree.htm

Date: Sun Apr 12 1998 22:22
chas (Myrmidon re gold top) ID#342282:
Great call. I think you could go to sleep and wake up without missing it

Date: Sun Apr 12 1998 22:20
tricky (Anyone know what mergers/companies this could be?) ID#304282:
http://www.drudgereport.com/

Date: Sun Apr 12 1998 22:19
Poorboys (Bart --Studio is joking ---Leave us fools on ) ID#224149:
STUDIO.R –You a young Tot ---Seen Hendrix Play with his Teeth At the Cow Palace in Toronto ---Blues better than Little Walter ---Fire after ---Real Life ---Get It .


Date: Sun Apr 12 1998 22:14
2BR02B? (@tolerant1) ID#266105:

Leo K. -- earlier stuff/live at Scholar Coffehouse/
dinkytown/small release/local label.
Not a few later names appeared at
the now torn down Scholar.

Even then he had twelve fingers.

Date: Sun Apr 12 1998 22:09
tolerant1 (Studio_R - tsk, tsk, tsk) ID#31868:
Leo Kottke, a 12 string guitar...nuff said...

Date: Sun Apr 12 1998 22:07
STUDIO.R (@Bart.....) ID#288369:
Would you please throw me and Poorboys off the site? Robben Ford plays electric guitar like no other has, does or will, P-B's.

Date: Sun Apr 12 1998 22:02
2BR02B? (@auric) ID#266105:


For one who's heart and breathing quickens in a library
or bookstore as a kid in a candystore ( bull in a chinashop? )
...and suffering for the thin selection that comes at the
expense of everything else in the dang world, I frequent
Kitco with the same awareness and that meant not as
flattery, a rather desultory thing, but compliment.
I find that there is that much here.

Date: Sun Apr 12 1998 22:00
Poorboys (Going for the Golden Record) ID#224149:
Auric –Has that TM thing -----Get Away ---Be Safe ---Its Catchy ---Studio ---Now Hendrix was the real man -----


Date: Sun Apr 12 1998 22:00
STUDIO.R (@Auric....) ID#288369:
and I triple that emotion.

Date: Sun Apr 12 1998 21:53
aurophile (Auric) ID#256326:
I'd be glad to second that motion, especially if you grant me an over-riding royalty interest.;- )

Date: Sun Apr 12 1998 21:52
HighRise (The Golden Bear) ID#401460:

Nicklaus, playing in his 40th Masters, was tied for sixth, four strokes back.

``I had to try to shoot the lowest score I could and I went after it,'' Nicklaus said. ``I had a
chance at the last three holes to make birdies and I missed all three of them.''
http://www.tampabayonline.net/news/news100w.htm

HighRise

Date: Sun Apr 12 1998 21:51
BillinOregon (On the road again) ID#262242:
I will be in Reno Neveda April 16 & 17. If there are any Kitcoites there would enjoy having a cup of coffee with you

I will be in Ogden Utah the 19 to the 25. If there are any Kitcoites there, would like to meet you.

My E-Mail is bjack@cdsnet.net

What a wonderful Easter it was....God Bless you all

Date: Sun Apr 12 1998 21:47
Auric (THOUGHTS!™ ) ID#255151:

Kitco is just fine. I look at it like this. It is never the same from month to month, week to week, or day to day. Hell, it changes with each new post. Occasionally some lurker from out of the blue will post a blockbuster of a post. You just never know when that will happen. There have been some awesome things posted here. Being at Kitco is like mining for Gold. Not every hole you drill will yield Gold, but Gold is struck often enough to make it worthwhile. I think I'll stick around.

Date: Sun Apr 12 1998 21:46
STUDIO.R (@P-B's......) ID#288369:
I am truly sorry sir but our studio no longer records sexular music. Policy, you must understand.

Date: Sun Apr 12 1998 21:44
Jack (US $/Japanese Yen) ID#252127:

http://quote.yahoo.com/m5?a=1&s=USD&t=JPY

Date: Sun Apr 12 1998 21:40
STUDIO.R (@ANOTHER......) ID#288369:
Would you please post the date and time of your last post ( THOUGHTS ) so Tom can read it...I'm sorry but I can't seem to find your ( THOUGHTS ) . Thank you.

Date: Sun Apr 12 1998 21:38
kitkat (My Wife) ID#218382:
She comes into the office/computer-room with a hurt, offended look. She crosses her arms and pouts. Now I know the real reason you married me, she says. Why sweetie?, I say. Because you bring your hubby endless glasses of wine? Because you put up with my foolishness and long nights? No, she says...Because my name is Golda.
Hmmmmmmmmmmmmmmmmm
Time to redirect my energies...Good night all. Here's hoping that this time my dreams don't turn into nightmares and that you can ALL find your sweeties.

Date: Sun Apr 12 1998 21:38
Poorboys (Is The Studio closed ---One last Request) ID#224149:
STUDIO.R –New Recording --When my eyes touch your underpants – Clinton Philharmonic Orchestra –Dolby Real Digital Sound-----True Sound –Like Haggis


Date: Sun Apr 12 1998 21:37
2BR02B? (@hedgehog) ID#266105:

Interesting meeting...Willard motel...or Bates...

Date: Sun Apr 12 1998 21:36
TYoung (kikat-nice?) ID#317193:
How unusual. Markets were closed,however. Thanks.Tom P.S. cbs-june gold is 3120

Date: Sun Apr 12 1998 21:32
Liberty (@ Sheller...Dead Horses) ID#263379:
Is THAT what that funny smell was comin from the back yard? And those flies in the summertime!? I gotta get the Knackerman to come around and collect that carcass.....

Mike Tyson

Date: Sun Apr 12 1998 21:30
TYoung (Donald-It don't matter) ID#317193:
Time is running short for change to occur. You know this from your posts. Would, however be nice if all of us would read the netiquet rules again, even if we every once in a while have to say we are sorry for overstepping them in the heat of the moment. Tom

Date: Sun Apr 12 1998 21:26
aurophile (Aurator) ID#256326:
Copyright © 1998 aurophile/Kitco Inc. All rights reserved
Re your earlier question: Well,I subsequently noted that Senor Andy dated his piece 10 April. Since Mozel talked about the War of Agresssion last eve ( N.A.time ) , I would have to conclude either that Andy has prevision ( along the lines of your countryman? ) or that Mozel has mentioned that war ( WSSS ) previously, along with the BIS nonsense. ( There are several other possibilities which the astute logician will have noted. )
Andy and his shadow at Merrill Lynch have of course been gold bears--correctly in the event--for quite some time. Both their employers are very active in the gold loan/hedging business so that philosophical inclination fits convenience for both quite nicely without sore feet.
Cycles be with you!

Date: Sun Apr 12 1998 21:24
TYoung (Highrise) ID#317193:
Either you go way back as far as having tickets or, as we said in high school, you have to brown nose someone to get tickets. Still Augusta does not profit from this and one hell of a lot of kids are at the Masters and not for $2500 a day. Tom

Date: Sun Apr 12 1998 21:24
Donald__A (@TYoung) ID#26793:
Some misguided posters have gone from people bashing to XAU bashing. They will be proven wrong, at least for a while longer.

Date: Sun Apr 12 1998 21:23
Poorboys (The Record is Mine ---Ted get some Juice) ID#224149:
Midas__A or B –Another is a nerd ---American Probably

Date: Sun Apr 12 1998 21:22
Auric (EB) ID#255151:

Will donate $50 to a local hospital, St. Vincent. I will donate it in the name of EB from Kitco.

Date: Sun Apr 12 1998 21:22
Pedro (@ Highrise.) ID#224151:
OK! So I ain't got no class! But I do love Golf and particularly the Masters.It just sounded to me like the Announcers had been instructed to use the term patrons rather than fans...they were so quick correct themselves when they said fans or galleries.Don't recall hearing the use of patrons much on the regular golf broadcasts.

Date: Sun Apr 12 1998 21:21
tolerant1 (kitcat) ID#31868:
That was the one time I spoke with Bart...real nice fella...you can call the 800 number and have a chat with him about the idea you have.

http:// scroll down and you will find the 800#

Date: Sun Apr 12 1998 21:20
TYoung (STUDIO.R-OLD GOLD) ID#317193:
Not to bullish I hope. He is a great indicator. Bullish without reservation would not be good. Tom P.S. no offense intented Old Gold

Date: Sun Apr 12 1998 21:19
kitkat (@ Tyoung) ID#218382:
Tom:

My summary of the past few days ( seen through a glass darkly ) ...

The biggest news was that ANOTHER walked off the site offended by ears that bite. TED is leaving Cape Breton to go to Idaho. ( It will be a longer than usual walk for him but he has to return ANOTHER'S ear. ) A Kitco Birthday party combined with Easter greetings spirit filled the site. Posters were happy and wished each other well. Most unusual!

Date: Sun Apr 12 1998 21:17
STUDIO.R (@Midas.....) ID#288369:
Have you ever been dumped? It really hurts.

Poorboys...41, baby...you can do it.

Date: Sun Apr 12 1998 21:17
HighRise (TYoung (Highrise-not so)) ID#401460:

Amounts to the same thing doesn't it? Agusta, Muirfield, etc tickets are not that expensive you just can't get them. Unless... you patronize something or someone. Sometimes you can get them free if you have the right connections.

You just have to be a Patron of the Game of Golf. Or Jack's Architect.

HighRise

Date: Sun Apr 12 1998 21:15
TYoung (STUDIO.R-that's it?) ID#317193:
Pretty calm. What infadel chewed on ANOTHER? Can't believe how thin skinned some people are. What day did the mysterious one leave? I'd like to read the words of the person responsible for such a result. Must be a person of overwhelming knowledge, wisdom and logic to do under our person of simple thoughts. Or, perhaps, a conveinient excuse to exit? Tom

Date: Sun Apr 12 1998 21:15
Poorboys (Elvis Did It) ID#224149:
STUDIO.R ---How Are You ---Trying to break the records –Yes –Um Yes


Date: Sun Apr 12 1998 21:14
Midas__A (@All, Why is everybody after ANOTHER. He has been extremely polite and decent) ID#340459:
I take exception to all the negative comments for ANOTHER. What has he done to deserve it.

Date: Sun Apr 12 1998 21:14
ray__A (Myrmidon (@ Chas re: ANOTHER) ID#339212:) ID#409286:
Copyright © 1998 ray__A/Kitco Inc. All rights reserved
QUOTE: Think about it. If the Kitcoites ( the hardcore goldbugs ) thought that gold is not going any higher wouldn't that be the top? You will know when they stop posting.

ANSWER: NO!!! by then, thousands will be at this web site. REMEMBER who was here in 1998 and ask what they think. PESUEDO gold bugs will take over this web-site when gold takes off. By then I may look to short and ask questions to those who KNOW at this site.

Remember, I read everything but never speak. When GOLD hits $500 I may ask those of you that are truly goldbugs ( actually independent thinkers ) , what do you think.

Until that time ( $500/oz ) , lets make some MONEY and then decide if it is time to short.






Date: Sun Apr 12 1998 21:12
kitkat (@ tolerant1) ID#218382:
Thanks for your confirmation. Was Bart changing the page?
Seeing as you know Bart...perhaps you can pass a suggestion to him? I have noticed that this site becomes unusable on active PM days. Is there a possibility of assigning the spot prices a page of their own so that they will not be loaded down by the refreshing of graphs and posts? I think if this could be done it would lessen the server load. When things are moving I am not too interested in comments or past history but DO want to know what the price is.

Date: Sun Apr 12 1998 21:10
HighRise (CBS Gold) ID#401460:

$311.18 +$1.60
http://cbs.marketwatch.com/cgi-bin/htx.exe/squote?source=htx/http2_mw&ticker=GC=M8

HighRise

Date: Sun Apr 12 1998 21:09
STUDIO.R (@TY...one more thing.....) ID#288369:
Old Gold has just gone bullish on POG.

Date: Sun Apr 12 1998 21:08
PJL (Email sent) ID#227228:
Chas: Email sent with attached gif file graph of XAU. You'll need a program to read the gif file. Hope it works. Peter

Date: Sun Apr 12 1998 21:08
TYoung (Highrise-not so) ID#317193:
Tickets are $25 per day and $100 for the four days of the tournament. You just can't get tickets unless you know someone or buy from scalpers. Augusa is not the culprit. Tom

Date: Sun Apr 12 1998 21:07
STUDIO.R (@TomYoung......) ID#288369:
Nuttin' 'cept ANOTHER has left the building....ear injuries.

Date: Sun Apr 12 1998 21:07
Donald__A (6.000 Iran-Iraq War POW's released after 16 years captivity.) ID#26793:
http://washingtonpost.com:80/wp-srv/WPlate/1998-04/12/179l-041298-idx.html

Date: Sun Apr 12 1998 21:04
Pedro (June Gold) ID#224151:
CBS Mkt Watch has June gold up $2.30.

Date: Sun Apr 12 1998 21:04
Poorboys (The Day Scotland went Dry ?) ID#224149:
Haggis__A or B –Slumber is forthcoming ---Good Scotch will bring any good man down.

Date: Sun Apr 12 1998 21:03
TYoung (Udate-thanks anyway) ID#317193:
Well in skimming the last few days not much new. I'll shorten the request-any must read posts since Tuesday night ( except one of your own ) ? I know you are all busy but a little help would be appreciated. Tom

Date: Sun Apr 12 1998 21:03
HighRise (Pedro (Masters) FYI ) ID#401460:

Not really, they paid a heck of a lot of $ to be their - They are Patrons of the Game, like Patrons of the Arts.

HighRise

Date: Sun Apr 12 1998 20:57
HighRise (The Bear @ The Masters) ID#401460:

I just got in.
How did the Golden Bear do @ the Masters today?

HighRise

Date: Sun Apr 12 1998 20:56
Haggis__A (see ya later.................) ID#398105:


Date: Sun Apr 12 1998 20:55
tolerant1 (kitkat) ID#31868:
I have noticed this as well, in fact I was on the phone with Bart when it happened...

Date: Sun Apr 12 1998 20:54
MoReGoLd (@AU) ID#348129:
IMO, 320 Spot Gold coming soon........

Date: Sun Apr 12 1998 20:53
Haggis__A (1 to 25 are of course.......examples of largely......) ID#398105:

UNDEVELOPED platinum group element, copper-nickel and iron-titanium-vanadium mineralised deposits in mafic-ultramafic rocks.




Date: Sun Apr 12 1998 20:52
tolerant1 (Donald_A) ID#31868:
A most heartfelt and Happy Easter to you and yours.

Date: Sun Apr 12 1998 20:52
AUH20 () ID#200235:


Date: Sun Apr 12 1998 20:48
Haggis__A (2BR02B?, tolerant1 & Poorboys.......) ID#398105:

Complexes.....no, I am very broad minded, I think of little else....

So, Poorboys when you go to sleep tonite....1, 2, 3, 4, 5,.......25, 1,....where is the Liganga complex again...Kenya...no.....

Have a good nites sleep..............

Date: Sun Apr 12 1998 20:48
Poorboys (Trillenberry to Fictionberry and a Scot Dance) ID#224149:
Haggis ---Yes ---You finally realized me Canadian ---A drink for the Kilts –----

Date: Sun Apr 12 1998 20:46
Pedro (Masters) ID#224151:
Anyone else notice the contant use of Patrons rather than fans to describe the Master's galleries.Rather pretentious, what?

Date: Sun Apr 12 1998 20:45
Myrmidon (Kitcat, that's not a dream, it's a NIGHTMARE !!!!!!!!!!!!) ID#339212:


Date: Sun Apr 12 1998 20:45
Hedgehog (cherokee will be eavesdropping for all on thursday) ID#39828:
http://www.afr.com.au/content/980411/feature/feature1.html
expect Costello to spill his guts again

Date: Sun Apr 12 1998 20:45
Donald__A (@Tolerant1) ID#26793:
Why did you post that? I'm not worried about apathy.

Date: Sun Apr 12 1998 20:43
kitkat (Kitco = Yahoo) ID#218382:
Just now the comment frame flipped over to Yahoo every
time I tried to access it. Did anyone else notice the
cyber jump?

Had a BAD dream last night...
Dreamt that Wall Street drove the price of Gold to
zero in a day. There were no circuit breakers.
People tossed it out with the garbage and it turned
a putrid yellow. Dogs pissed and defecated on it.
They finally used it to fill the potholes in our
aging highway system.

Date: Sun Apr 12 1998 20:42
Mike Stewart (EB (Home Brew)) ID#270253:
Try using double the malt extract, and skip the sugar in the primary. Two cups of oatmeal steeped at 140 degrees celcius in water ( much like making tea ) will add a lot of body to dark beers.

Date: Sun Apr 12 1998 20:39
Haggis__A (Poorboys.............stop thinking like a north American.......) ID#398105:

Your reply was too spontaneous.........think about it, think like a Scotsman..............

Work out what the Canadian references are too ?!

Date: Sun Apr 12 1998 20:38
Carl (gold) ID#341189:
June gold now at 312.40 up $2.20

Date: Sun Apr 12 1998 20:37
tolerant1 (Haggis) ID#31868:
George Carlin reported that a cure for apathy was discovered in Houston but nobody seemed to care.

Date: Sun Apr 12 1998 20:33
Carl (Yen continues to strenthen against dollar) ID#341189:
Golbex has June yen at 126.89

Date: Sun Apr 12 1998 20:32
Poorboys (Reeling And looking for the record ) ID#224149:
Ted ----You Know too Much ----Post 682

Date: Sun Apr 12 1998 20:32
jman (EB,) ID#251268:
-
about your brew,make sure you don't fill the carboy all the way to top,
must have air for the yeast to activate.,by far the best way to
do yeast is start with a liquid yeast pack that you have tohit
to activate ( takes about a day ) then make a starter ( about a 1/2 cup malt or dextose cooked 10 min.cooled ) about 12 to 16 oz total addyeast put in steilager bottle with airlock night before cooking wort should be
bubbling strong by the time you are ready to pitch yeast,then when you bottle save bottom 12 oz and repeat process next time you make a batch.you will get a much better beer with the lab.produced liquid yeast the dry yeast should be used in emergencys only.I always put wort in 6
gallon bucket with airlock for 2 or 3 days before moving to carboy makes for a much better finished product still dont fill all the way up the neck of carboy you can add the difference when adding priming sugar before you bottle~~~~~~good luck june gold 312.50

Date: Sun Apr 12 1998 20:31
2BR02B? (@Capitol punishment: Edifice Complex) ID#266105:

Haggis, you're a man of complexes. That is an interesting
list. Are those 25 in any particular order, and if so, signifying
what may I ask, of one who most likely knows.


Date: Sun Apr 12 1998 20:28
Poorboys (Deep Sleep --Get up ---smell the American Roses) ID#224149:
Haggis
Mama ---Says do your homework --My you’re a great Kid ---Ever been a poster boy ?

Date: Sun Apr 12 1998 20:27
Donald__A (@Ted, All) ID#26793:
That currency converter will convert gold, silver or platinum to or from any currency or each other also. Scroll to the bottom of the country lists. Worth a bookmark.

Date: Sun Apr 12 1998 20:21
Ted (Vronsky) ID#330175:
http://www.dbc.com/cgi-bin/htx.exe/dbcfiles/curcommt.html?SOURCE=core/dbc

Date: Sun Apr 12 1998 20:19
Suspicious (Japan opens down .69%) ID#285121:
*

Date: Sun Apr 12 1998 20:19
vronsky (WHERE IS GOLD UP?) ID#426220:

Ted ( @ least the weather is lookin UP.........June Gold up 1.40 @ 31
1.60

WHERE? What website?

Date: Sun Apr 12 1998 20:18
Haggis__A (Poorboys..............) ID#398105:
Copyright © 1998 Haggis__A/Kitco Inc. All rights reserved

G'Day,

I have just risen after a very good night sleep. I cannot be awake ALL the time to answer your questions !!

Rangers 2 Celtic 0..........very, very good result

I had a dream last night, and I can assure you that it was not an American Dream... What exactly is that anyway ?

Maybe this is the American Dream.... what do you think it is
25 examples.............

1 Munni Munni, WA
2 Muskox, NWT Canada
3 Peter Lake complex, Canada
4 Strillwater Complex, Montana
5 Duluth Complex, Montana
6 Crystal Lake, Canada
7 Sudbury Complex , Canada
8 Shakespeare Dunlop intrusion Ontario Canada
9 Kiglapaid Intrusion Labrador Canada
10 Rincon del Tigre Complex Bolivia
11 Tornio Intrusion, Finland
12 Kemi Intrusion, Finland
13 Penikat, Finland
14 Suhanko Intrusion, Finland
15 Koillismaa complex, Finland
16 Burakovo Massif, Russia
17 Chinei Massif, Siberia
18 Liganga, Tanzania
19 Cunene Complex Angola - Namibia
20 Kaffirdkraal, South Africa
21 Losberg Complex, South Africa
22 Uitomst Sill, South Africa
23 Tromsburg Complex, South Africa
24 Usushwana Complex Swailand
25 Giles Complex, Central Australia

Is America stuffed through apathy ? I don't know, I don't care....

I never used to be able to finish anything, but now I ..........


















Date: Sun Apr 12 1998 20:14
Ted (a currency converter) ID#330175:
thankx Donald

Date: Sun Apr 12 1998 20:13
Ray (silver) ID#411149:
I had a long conference call this PM with Warren and Charley
and they confirmed that any talk of them sellin silver was
jest plain BS! They are LONG TERM investors as anybody familiar
with their past record clearely shows.

Tally Ho

Date: Sun Apr 12 1998 20:11
Donald__A (@Ted; here is a currency converter current when markets are up. Yen? Up now I guess) ID#26793:
http://www.xe.net/currency/

Date: Sun Apr 12 1998 20:11
Ted (Yo Speed.......musta jumped the gun---my yahoo was blank just a bit ago) ID#330175:
now I C

Date: Sun Apr 12 1998 20:10
Poorboys (Respect Please --Aretha Franklin too) ID#224149:
Remember Whom Died Friday ---And gave his love forever ---Forever----Peace ---End of Subject

Date: Sun Apr 12 1998 20:07
Ted (@ least the weather is lookin UP.........June Gold up 1.40 @ 311.60) ID#330175:
http://www.tor.ec.gc.ca/forecasts/forecast.cgi?city=Sydney&province=Nova+Scotia

Date: Sun Apr 12 1998 20:06
Myrmidon (@ Chas re: ANOTHER) ID#339212:
Copyright © 1998 Myrmidon/Kitco Inc. All rights reserved

You ask me what I think of ANOTHER? I will only comment on what I have gained from his writings which in summary are:

1. Gold and oil will only flow in opposite direction

2. LBMA trades an amazing amount of paper gold in relation to gold

3. Some day gold will skyrocket in price and those who have it will become extremely rich.

4. All paper will eventually burn including gold stocks ( ouchhhh! )

5. The BIS will buy all gold below $280

6. He made a wrong call on the price of gold about one month ago

------------------------

Commentary: If number three happens, those Kitcoites who have the gold can then make the rules and become politicians. Washington will be invaded with Kitcoites!

The answer to your question on the price of gold is very simple.
Why even try to forecast it. When gold has peaked you will know.
Postings on Kitco will have been reduced by 50% at least.

Think about it. If the Kitcoites ( the hardcore goldbugs ) thought that gold is not going any higher wouldn't that be the top? You will know when they stop posting.


Date: Sun Apr 12 1998 20:06
Speed (Yo! Ted) ID#286199:
http://quote.yahoo.com/intlmarkets

Japan is playing ( and losing again )

Date: Sun Apr 12 1998 20:04
TYoung (Update-Gold-Augusta) ID#317193:
-
I have been away since Wednesday. Anyone care to update me on the goings on? You can leave out the cat fights unless memorable.
I see gold is about the same. While my time frame for a real breakout has always been by the December with the earliest in June I posted about a week ago that I thought gold would rocket in the next few weeks. Why I said this is beyond me but my gut is telling me this. No hard facts, just a feeling.
Has Another posted? I always enjoy reading his THOUGHTS. I don't buy into the oil for gold rational but I simply substitute a currency backed by gold in Europe or Asia and get about the same result except for the $30,000.00 value. No hard evidence but the rest of the world has got to challenge the US someday. The Europeans we know about, it's the Asians that are a real unknown. Any new currency will NOT be backed by a competing currency-it defeats the very purpose of the new currency. Gold is the ONLY alternative. I know just educated guesses.
If a currency backed by gold does come about this year currency derivatives will cause huge loses for major financial institutions. The US stock and bond markets may not crash if this occurs but watch out, it won't be pretty.
If anyone ever gets the chance to visit Augusta National in the spring by all means go. If you love golf you'll love the place. If you don't love gold you'll still love the place.
Thanks. Tom

Date: Sun Apr 12 1998 20:03
Ted (Probably a stoopid question but why aren't the Asian markets gambling t'nite) ID#330175:
What the hell holiday is Monday,huh....The 'boys down-under seem pretty dormant too---what's up--- a world wide strike led by leftists like WW...radicals in the 'burbs',eh....Death-to- Lawyers~~~~~

Date: Sun Apr 12 1998 20:03
vronsky (LAND OF THE SETTING SUN.....) ID#426220:

First crack outta the box Monday morning the Nikkei is DOWN 150 POINTS!

Date: Sun Apr 12 1998 20:00
mapleman (@crazytimes) ID#348127:

The rumor about WB was probably just that, a rumor. However like y it was enough to scare me out of my positions. Looking for a spot to re-enter now. I am looking for it to top 7.25 in the coming nths.

Date: Sun Apr 12 1998 19:54
Ted (Studio.R....& how bout that GOLDen bear,eh!!---there's still hope(for some,huh)) ID#330175:
Yeah,Poorboys musta gotten his hands on some *good sh!t*,EH...35 huh~~~~Great finish ( a GOLDen moment in time,huh ) @ Augusta...

Date: Sun Apr 12 1998 19:53
Mike Sheller (auracious...HEY DUDE!) ID#347447:
Srps up!

Date: Sun Apr 12 1998 19:52
Mike Sheller (Tolerant1) ID#347447:
Just watch it hanging around schoolyards in yer trenchcoat whispering hey kid, wanna see my Krugerrand?

Date: Sun Apr 12 1998 19:50
Ted (Speed.................in Texas) ID#330175:
thankx dude

Date: Sun Apr 12 1998 19:47
chas (Myrmidon re Another) ID#342282:
You know, we have discussed these ideas some. What do you really think about Another's comments. I can see the possibility of $2000/oz up to maybe $12000/oz, but i have not got enough details yet to verify. How about some comments. Thanx Charlie

Date: Sun Apr 12 1998 19:44
STUDIO.R (@teddO......A day of records and legends........) ID#288369:
O'Meara finally wins a major....the Masters after a record-breaking number of attempts ( sixteen years of the bear game, hmmmmm. ) ....of course, the GOLDen Bear finshes the highest for anyone his age adding to his SIX Master's green coats,,,,,AND our own Poorboys posts a record thirty-five times so far today!!! Maybe after he sleeps off the dex, or mescal, he'll go for a wee bit higher number! Yes, it has been a remarkable day! Back to you, Ted@theclubhouse

Date: Sun Apr 12 1998 19:43
Speed (Ted) ID#286199:
Here's one

http://www.cme.com/cgi-bin/gflash.cgi

Date: Sun Apr 12 1998 19:42
tolerant1 (and life is good) ID#31868:
my seven year old nephew demanded payment in gold today from one of the other kids...I love it, the kid handed him a five dollar bill and he said no, Uncle Kevan says paper money is sombody elses promise.

Creating financial terrorists.




Date: Sun Apr 12 1998 19:37
Rob (Globex gold) ID#410114:
Globex gold currently up $1.60/oz. I guess the friday close reported by hopeful was correct. The June contract is up $1.60 at $311.80

Date: Sun Apr 12 1998 19:35
OLD GOLD () ID#238295:
VRONSKY: Apparently there are some powerful honchos at UBS who have a different take on gold than Andy Smith. The times they are a changin.

ALL: Sometimes best to take Martin Armstrong with a grain of salt. For many months he has been saying the yen will collapse and many of his clients are undoubtedly heavily short. I do not consider him objectice on this subject at all. He has a bad habit of shouting that whenever anyhone does anything that hurts his portfolio -- they are acting against natural law.



Date: Sun Apr 12 1998 19:31
Ted (To anyone......................lost some bookmarks(duh)) ID#330175:
what is a good site to follow the currencies?---YEN

Date: Sun Apr 12 1998 19:29
chas (PJL re your 16:09) ID#342282:
I must be overloaded. Tried all in your post and still got cut. My email is cdevoto@conninc.com I can't send, but if it easier for you, my addr is 2422 Warrior Fork Trail Morganton, N.C. 28655. Many thanx, Charlie

Date: Sun Apr 12 1998 19:28
Ted (EB......and toooo bad FREDDY CHOKED,EH) ID#330175:
can't win em all bro and what's with yer pathetic e-mail service ( move ta 'The Cape'....ROR ( 13:34 ) good JOKE!! haha....Poorboys---A little early ta be hittin the rack,eh?~~~~~~~~'Tiger' who

Date: Sun Apr 12 1998 19:28
crazytimes (Buffet Silver....) ID#342376:
Did he sell some or was it a rumor?

Date: Sun Apr 12 1998 19:26
chas (Myrmidon re your call) ID#342282:
I just got back from the creek. My boy said you called. I can't find your number. Let me know what's up. Thanx Charlie.

Date: Sun Apr 12 1998 19:20
STUDIO.R (@Donald........hmmmm......) ID#288369:
Gold is another way to vote yes sir!

Date: Sun Apr 12 1998 19:20
RETIRED SOLDIER (Masters) ID#347235:
Mark O'Meara had to birdie last two holes to win and did,sorry Freddy C.

Date: Sun Apr 12 1998 19:08
Donald__A (Shoring up the yen will cause worldwide damage) ID#26793:
http://www.smithers.co.uk/standard27.html

Date: Sun Apr 12 1998 19:06
Myrmidon (@ jims) ID#339212:

I think Sidney follows the UK in Bank Holidays.
Commonwealth you see...

Date: Sun Apr 12 1998 18:59
RETIRED SOLDIER (@Reify) ID#347235:
Sorry meant to say HOME not hoe I spell better than I type, doesn't show on other e-mail because I run spell check. Just finished reading most of your posts to me. VERY GOOD.

Date: Sun Apr 12 1998 18:56
Donald__A (Should Paula Jones appeal? Chance to vote on the issue at this site.) ID#26793:
http://www.drudgereport.com/

Date: Sun Apr 12 1998 18:53
jims (No clue from Sydney) ID#252391:
Is Sydney closed today? Japan would seem to have a good opportunity to influence markets is they choose. Frnakly, I don't see why they want a strong yen - just a stable unit under the 130 level to maintian confidence. If they spent 55 of their reserves late last week I would doubt they would make an other mass effort this week. Still see gold higher with Duval winning the Masters.

Date: Sun Apr 12 1998 18:53
Donald__A (@Vronsky) ID#26793:
Apparently Andy Smith just looks at gold as an investment and has no sense of history. He doesn't understand that gold is related to his quality of life and that of his kids. It is about what kind of a world we will have, a new Dark Ages or prosperity. Buying gold is another way to vote.

Date: Sun Apr 12 1998 18:23
EB (¡GO FREDDY!) ID#22956:
YES!

away...to Augusta

Éß

Date: Sun Apr 12 1998 18:23
aurator (Further) ID#255284:
aurophile
Yes, kitco is all of that and more. I didn't see where Smith dissed Mozel can you point it out plse?. Funny how it lessens my op of smith still further. I love being led through the woods by mozel, somehow I always feel we are getting closer to our destination.

You're either on the bus, or off the bus, I guess.

Off to enjoy the day, love at first srp.

Merry_Prankster@aurator

Date: Sun Apr 12 1998 18:17
aurophile (aurator, lend me your ear) ID#256326:
Andy Smith was a bit harder on Mozel than I was last eve, but do try going away from Kitco ( I know, it's hard! ) for a while and then come back and see if it isn't, well, different. Differentness is why I love it of course, and one learns the most amazing things. And has fun.

Date: Sun Apr 12 1998 18:15
Poorboys (Pie in The Sky--How About --------) ID#224149:
I found my thrill on Blueberry hill ---Good Night ---Ted

Date: Sun Apr 12 1998 17:55
Poorboys (too The Taskmasters) ID#224149:
Vronsky ---Yes you have a Great Knowledge of Gold---Never to be repudiated


Date: Sun Apr 12 1998 17:53
WhisperingLow (STRONGER YEN) ID#235378:
Copyright © 1998 WhisperingLow All rights reserved
It has occurred to me that if Japan wants to make a major effort to strengthen their yen, they might try to CREATE A TREND. They can best achieve this on a weekend such as this. They made major purchaseS of YEN on Thursday and again on Friday while the American and many markets were closed or on a shorter schedule. Now if they come back with a continued buying spree before European or US markets open they may effectively create a real impact.

The US Dollar may be down dramatically against the YEN by the time the U.S Market opens Monday. If so then our Bond Market could drop ( Japanese US Bond holders making 5+% could see profits threatened by exchange rates for example thus requiring increased rates to remain attractive ) . We could see a trend develope toward repatration of strengthening YEN.

But I'm no expert so if you have another opinion, explain it.

Date: Sun Apr 12 1998 17:52
aurator (stoopid spella) ID#255284:

That's bald eagle ( change the ba to go )

Date: Sun Apr 12 1998 17:48
aurator () ID#255284:
Vronsky
You ain't a real gold bug till you've been dissed by Andy Smith. ;- )

http://www.ubs.com/market/commod/wpo/e_980310.htm

he's had it in for Kitco and our own Antipodean Contrarian Newsletter, when's the bold eagle ( change the b to a d ) gonna get the Andy Smith treatment?


Date: Sun Apr 12 1998 17:44
jims (Come on Sydney) ID#252391:
An hour to go and we'll know if Sydny folls the Friday Londaon fix above 310, and an hour or two and we'll know who wins the Masters.

I think David Duval wins is bullish for gold - new star rising. .

Date: Sun Apr 12 1998 17:42
vronsky (UBS GOLD SPIEL...) ID#426220:
Copyright © 1998 vronsky/Kitco Inc. All rights reserved

VERBATIM:

As the king of precious metals gold has ruled over myth, legend and
destiny in every civilization, and has lost none of its fascination well
into present times. For over 6000 years gold has been a guarantee
for permanence and security while today it remains a tangible symbol
of the eternal union in the form of a wedding ring. It rightfully inspires confidence and is held in universally high regard.

---------------------Union Bank of Switzerland................

BYe-Bye Andy, Sooo long Andy, it's been good to know-ya.......

Date: Sun Apr 12 1998 17:37
vronsky (UBS AGGRESSIVELY MARKETING GOLD?!!!) ID#426220:
Copyright © 1998 vronsky/Kitco Inc. All rights reserved

OLD GOLD: Do you not also find it interesting - if not prophetic - that the heretofore venerable Swiss financial institution - which pulls Andy Smith's chain - all of sudden hit the Internet with a very well-designed website ( shown below ) , naturally sans the $360 guarantee buy-back that UBS spouted about 2-3 years ago?!

Hmmmmmmmmmmmmmmmmmmmmm...

Here's how UBS is hawking GOLD on the Internet:
http://www.ubs.com/market/commod/e_gold.htm

Something is in the air... and it ain't yellow pollen

All we need next is for Merrill Lynch to resusitate the Precious Metals
Mutual Fund it managed into the ground at the peak of the Gold Market in late-late 1979. It went completely belly-up. If indeed ML does, most likely Mr. Arnold will be made portfolio manager ( :- ) ) . HEY, anything
is possible!

Date: Sun Apr 12 1998 17:35
aurator (Absolutely no cause for alarm) ID#255284:
-
Ray
It's been a tough time for gold bugs this down-wave. On the Tourist business, I've not yet been to Africa, altho I am familiar with the W Coast of India. I think he may be off beam again. Tourism attract only excess disposable income. You will not be suprised to learn that Tourism in NZ was immediately and harshly hit by the SE Asian meltdown. Many tourist operators have gone to the wall after a very poor summer season having relied historically on incoming passengers from Korea, Japan and Hong Kong.

Also one of my local real estate brokers has been telling me of forced house sales especially by Hong Kongers .

So what is James Blanchard III recommending this month?

auratorIV

Date: Sun Apr 12 1998 17:34
Poorboys (Why have you lost your Way ?) ID#224149:
Dow –12800 –All the way ----Read the lines ---Sorry LGB -----Flying with the curse -----Few corrections ---so what?

Date: Sun Apr 12 1998 17:28
robnoel__A (2BRO2B,well we pretty much covered both extremes,however there is a good story on Davos Switzeland..) ID#411112:

remember that name Maurice Strong....

Date: Sun Apr 12 1998 17:19
2BR02B? (@robnoel) ID#266105:


Interesting, bookmarked, a little 'out there'--
somewhat, as long as we're swapping, along this vein-

http://www.disinfo.com/

Date: Sun Apr 12 1998 17:03
Ray () ID#411149:
Copyright © 1998 Ray/Kitco Inc. All rights reserved
aurator- yes that is what happens when you have a single subject
and a 20 year BEAR market and deadlines for publishing. and
the Mozambique project is appx $800million and will be one of the
largest ecoturism projects in the world, Europe's playground!
Iffin you ain't never been there you should. Have you ever been down
the Gulf coast of Florida then you have been to the Indian Ocean side
of Mozambique and South Africa, it is jest BEAUTIFUL. Durban SA looks
like Miami Beach and more.

Old Gold- no updates yet although one is due this month. The Bow
Wow DOW should peak this summer and head down this fall is the
thinking NOW, that you understand is subject to change!

I like Mike Shellers call on the charts too.

Iffin you all ain't been outside and looked UP lately maybe you OUGHT TO!

Tally Ho

Date: Sun Apr 12 1998 16:50
Poorboys (Haggis-Get up --Face the American Dream) ID#224149:
Skinny ---I just lost 10 pound avoirdupois

Date: Sun Apr 12 1998 16:47
robnoel__A (2BRO2B...Thanks its a bookmark....heres a new fun page only the brave need go...) ID#411112:

http://www.parascope.com

Date: Sun Apr 12 1998 16:39
skinny (re: Myrmidon (part II on Philosophy)) ID#287114:
Well said and how true.
here is the beginning of philosophy: a recognition of the conflicts between men, a search for their cause, a condemnation of mere opinion... and the discovery of a standard of judgment - Epictitus ( 1st century A.D. )
Down Dow - Up Gold!!

Date: Sun Apr 12 1998 16:27
Poorboys (Is Distance Time ?) ID#224149:
aurator –And now the birds are using me for target practice –Everything has a time.

Date: Sun Apr 12 1998 16:19
OLD GOLD (London Gold) ID#238295:
[ Business | US Market | Industry | IPO | S&P | International | PRNews | BizWire | Finance Home ]


Friday April 10, 11:17 am Eastern Time

London Gold Closing - Apr 10

310.25/311.25 dlrs

Date: Sun Apr 12 1998 16:18
Poorboys (Lessons from the Tee) ID#224149:
Too Many Golf Balls—Grab the Caddie ---Find the big Water Hole ----Money in a Gold Pond ----Dig Again

Date: Sun Apr 12 1998 16:16
aurator (Fine feathered friends) ID#255284:
Copyright © 1998 aurator/Kitco Inc. All rights reserved
Ray IDT
re GNL
I used to be a subscriber, and when I am depressed and want a moment of hebephrenia I turn to my old issues. Is he still touting Mozambique ( how's my memory? ) as a tourist destination? On a more serious note, I would really like to hear Blanchard's current picks. Who are the guest writers? I seem to remember that Puetz has written in the GNL.

See, cool lurk, this is what happens when you get too cynical ( etymology dog-like ) First of all you stop trusting your broker for advice, then you stop trusting the Newsletter writers who are specialists in their areas, pretty soon you find yourself walking some beach with tolerant1 wondering how to get Camdessus.

And that, my friend sam, is the reason I am an ornithologist. I ignore the dogs the brokers and Newsletter hacks and look upwards to the birds. Just so happens that kitco is the best cyber watering-hole, at least until the millenium.


Date: Sun Apr 12 1998 16:11
2BR02B? (@robnoel) ID#266105:


http://www.cycad.com/cgi-bin/Upstream/index.html

Don't know if you're familiar with this intellectual
Capetown page. Lots of factual ammo for the radio show,
obtusely and correctly 'incorrect.'

Date: Sun Apr 12 1998 16:10
Speed (Kiwi) ID#286199:
I think you're correct, Armstrong appears to be joining a growing chorus. Interesting times ahead.

Date: Sun Apr 12 1998 16:09
PJL (Troubles) ID#227228:
chas: Try http://www2.golden.net/laird That's another server, and may get you around whatever the problem is. You are the first to mention any problem by the way. If you are running low on ram, the gif files may overload you. Don't really know. Click on Commentary to get to the XAU analysis. If that doesn't work post your email address, or send it to pjlaird@aol.com. I'll email it to you with attached graph

Date: Sun Apr 12 1998 16:06
EB (Salty...) ID#22956:
Thanks Mate. Paid CLOSE attention to detail and Temp's. I trust it will be good. Go Mr. Yeast!! Yeeeehhaaaaaaaa!!
away...to watch Jack ( GOLDen bear ) and Freddy and Mark...
Éßgolfnut


my NZ mate is a fine one......uh huh.

Date: Sun Apr 12 1998 16:06
RETIRED SOLDIER (@ Reify) ID#347235:
Sorry I haven't posted to you at hoe lateley was in the G-d forsaken Lower 48 for a while. Still hope to go either to Garmisch or Darmstadt for a few years! Shalom

Date: Sun Apr 12 1998 16:04
kiwi (Speed...re Martin Armstrong) ID#194311:
sounds like he's just cottoned on to notions Vronsky has been posting for the last couple of years....risk of Japanese financial collapse rising exponentially...this is financial war and only metal will survive the test that no paper currency would, distrust and broken paper promises.

Date: Sun Apr 12 1998 16:03
PJL (Blue Trendline) ID#227228:
IDT: The true test of whether scenario 2 unfolds will be the break of the lower trendline from 1/12/98 to 3/20/98. That trendline must break in less time than the wave blue C took to form. That trendline is not on the graph at http://tiger.golden.net/laird/Comment.htm because the graph was getting a little cluttered. The UPPER blue trendline comes in at about the same level, so I used that. Hope that helps.

Date: Sun Apr 12 1998 16:01
Rob (hopeful) ID#410114:
ARe those quotes for Thurdays close?

didn't fridays trading in japan show gold down?

Date: Sun Apr 12 1998 16:00
Poorboys (I Left My Heart in Nova Scotia) ID#224149:
EB—Figure –Canuck Crazy ----Ted Influenza ---Moving to the heartland ---Potatoes and ------
If you find Ted let him Know We Care ---

Date: Sun Apr 12 1998 15:53
aurator () ID#255284:
-
Éß
Don't worry about your wort. Provided the wort wasn't too hot when you added Mr Yeast and that the temp stays in that range 65-70 F, Mr Yeast will start to show himself as a busy little sugar addict any moment now. Don't be a worry wart.

LibertyGoldBug
Right nice gesture, that, in the Easter Egg. I have taken to giving away well-circulated Morgan dollars from last Century. Of course the recipients have to listen to a speach about Comstock and Texas Gunfighters, O Henry and Rooseveldt, the FED and the IMF but they don't seem to mind. Transfixed as they are on the date and the smoothness of the coin. One can almost feel the lives touched by the coin.

I keep a separate file collecting posts and information about gold and bullion coins. The name LGB is the most prominent amongst those posters whose gems have found their way into it. Thank you. I would not be giving away these slices of history without the education you have freely given.


Mike Sheller
Good to see you back, thanks for the kind wishes.

Teddo
Morning sun causing glare problems here too in this awesomely beautiful city of orkland.




Date: Sun Apr 12 1998 15:52
Speed (Martin Armstrong URL) ID#286199:
http://www.pei-intl.com/TOPICS/MANIP498.HTM

Date: Sun Apr 12 1998 15:52
STUDIO.R (@Mr. Sheller.) ID#288369:
I will pray for those poor gorillas. Happy Easter, Mike!!

Date: Sun Apr 12 1998 15:52
OLD GOLD () ID#238295:
Hopeful: I think those London numbers are the closing bid/ask quotations -- not A.M/P.M. Still a bid above $310 is quite positive by my reckoning -- up over two bucks from Thursday.

Ray: Is your friend still talking about $550 this summer. And where does he expect the Dow to be by then?

Date: Sun Apr 12 1998 15:52
Mike Sheller (RAY, and all chartists) ID#347447:
Chart reading is the true panacea for picking which way a market or stock or commodity will go. The reason is simple and built in. If you are a really good chart reader, you should have no trouble making lots of money. If it turns out you're a lousy chart reader and keep losing lots of money, just turn your chart upside down when you read it! It works every time.

Date: Sun Apr 12 1998 15:49
Mike Sheller (cool lurk) ID#347447:
The repast sounds great. I especially love the potato menu selections. I'd love to be there, but since I can't, I wish you and yours a joyous Easter dinner. No I am not a lawyer. Speaking of which, I am glued to my local radio station as it seems that the county courthouse was just taken over by a suburban guerilla group. They are holding fifty lawyers hostage and threatening to release one every hour until their demands are met.

Date: Sun Apr 12 1998 15:44
EB (poorboys...(huh?)) ID#22956:
Get a hold of yourself...or........what in the world have you been bbqin' Or smoking whilst 'Q'in'....or drinking....or all of the above.

away...from crazy drunk Canuks

ÉßgoFreddy!

to the Masters...go Plat!

Date: Sun Apr 12 1998 15:43
RETIRED SOLDIER (@ cool lurk) ID#347235:
Send your gold to me I will dispose of it for you. NO CHARGE!

Date: Sun Apr 12 1998 15:42
Myrmidon (and now the part II on philosophy..) ID#339212:

If we had been married to the DOW we all would have made big money,
since we are married to PMs, we all became philosophers at Kitco!

Thus said Myrmidon ...

Date: Sun Apr 12 1998 15:37
Ray (guessing) ID#411149:
Copyright © 1998 Ray/Kitco Inc. All rights reserved
I ain't goin to get into this thing to DEEP but I will say is,what
I see out the winder has worked for me over time. and now I see
things happening jest like I saw in the 70's, back then we were
payin 18% and makin so much money we could screw up and still
make money then I for some reason got introduced to gold by a
German friend who had experienced paper money goin to ZIP. Then
for some reason I bought three SA gold shares with the first
money I had to invest and a few years later it was worth a WHOLE
lot more. I SEE THE SAME THINGS HAPPENING WHEN I LOOK OUT THE
WINDER BUT TO THE 10TH POWER!!!

IDT- have you recieved your April GNL? Got mine Saturrraaday. Good
read.

Tally Ho

Date: Sun Apr 12 1998 15:35
Poorboys (Too Each comes the Truth) ID#224149:
Cool lurk ----Veggie ---that I am ---Keep eating all your Friends---One day you will be next to God ---Amen


Date: Sun Apr 12 1998 15:33
HopeFull (LONDON GOLD 311.25 SPOT) ID#402148:
YAHOO Internaitonal News at 11:17 AM EST Friday shows London close 310.25/311.25. Are these morning and afternnon fixes? And has spot gold truly gone into this weekend over 311!!?

Date: Sun Apr 12 1998 15:30
Myrmidon (What it takes to become a philosopher) ID#339212:

If you marry a good woman you will live a happy life,
if you marry a bad woman you will become a philosopher

Thus said SOCRATES - the greek philosopher.

Date: Sun Apr 12 1998 15:28
cool lurk (To: Mr. Sheller.) ID#342237:
Copyright © 1998 cool lurk/Kitco Inc. All rights reserved
I am no dummy, but I am better at cooking than some things like fighting pulution. I wish you were here with my family today so I could repay you for your free advise. We are having potbelly roast and all my sons favorite vegetables,like mashed potatoes, hash browns, baked potatoes and tater tots. And we will have for dessert my boys most favorite desert which is bananna pudding with vaniella wafers. Scrumpchuss huh? Some people have turkey and fried chicken for Easter Day, but we don't because them can make you have to fart.

I also notise that you are a lawyer or you must know of one. Could you please tell me if the city and the dump operation could have leagal intercourse against me and my family for the pulution. Have a very happy Easter Day, sir.

Date: Sun Apr 12 1998 15:24
chas (PJL re your 12:27) ID#342282:
I really appreciate this, but when I went to the URL I got cut off 3 times. If possible, could you mail this? My add is 2422 Warrior Fork Trail Morganton,N.C. 28655. Maybe I will be Able to update from there. Many thanx for your help, Charlie

Date: Sun Apr 12 1998 15:19
chas (Cmax, Mozel) ID#342282:
Re your Sun 10:53 Cmax, I agree. If you and Mzel could get me to a URL for Current total Issue of Swiss Gold Franc, I would appreciate. Happy bunny to all. Thanx, Charlie

Date: Sun Apr 12 1998 15:17
Poorboys (What ---Who ----Why) ID#224149:
Ray ---Doing a chart on Gold Is Hell-----Forget what Mama told you – I hate Red Beans and Rice ---

Date: Sun Apr 12 1998 15:14
kiwi (Paper game extended for a little longer....) ID#194311:
Bank for International Settlements has recently reduced it's capital adequacy ratios for banks from 8% to 1%...and for clearing houses from 100% to 20%. Sounds like some desparate moves from some desparate people who want to look after the world as we know it.

http://www.bis.org/press/index.htm

Date: Sun Apr 12 1998 15:12
Mike Sheller (Ray) ID#347447:
It is ALL guessing.

Date: Sun Apr 12 1998 15:10
Poorboys (Can you hear it ---zzzzzzzzzzzz) ID#224149:
I hear Haggis snoring---Maybe ---maybe not ---Lets ask cole

Date: Sun Apr 12 1998 15:09
Mike Sheller (LGB re your 14:35) ID#347447:
I am forthwith sending you by UPS carrier trailer one dead horse, plus one whip. You can beat it to your heart's content, thus sparing us, perhaps, one more recitation of how you sold your gold right at the top in 1980 and bought stocks right at the bottom. We poor miserable sinners can't take the glow of such perfection, especially on Easter Sunday. Please have mercy upon us. BTW - are you aware there's some guy named Liberty in your house?

Date: Sun Apr 12 1998 15:07
Ray (chart guessing) ID#411149:
IDT- anything I said about you guys that try to guess and make conclusions should be taken on the LITE SIDE. HA, HA,HA AND THAT
AND THAT AND THAT. Facts are I ain't seen two rich chartists that
agree on the charts yet. Even the so called pros have been very
wrong. Guessing the short term trends are just that GUESSING.
The best chartist I like to follow is the Captain and he has called
a BOTTOM and I will go with that, although his call is subject to
CHANGE.

Tally Ho

Go to go keep that rabit from screwin them chickens!

Date: Sun Apr 12 1998 15:06
kiwi (Major Paper Burning...in the land of the rising sun(gold)) ID#194311:
Copyright © 1998 kiwi/Kitco Inc. All rights reserved
Bank of Japan sold 10 billion dollars in biggest intervention: report [Apr 10]
TOKYO, April 11 ( AFP ) - The Bank of Japan's yen-buying
intervention Friday totaled slightly more than 10 billion dollars,
the largest single-day sum in the Tokyo market's history, a major
business daily said.
The amount was about five percent of the central bank's foreign
reserves, the Nihon Keizai Shimbun said Saturday without naming
sources.
Japan is the world's largest holder of foreign exchange
reserves, which stood at 223.6 billion dollars at the end of March.
The yen hit 127.40 to the dollar here Friday, as traders said
the Bank of Japan went ahead with a massive intervention to prop up
the yen after intervening early Thursday in New York, through the US
Federal Reserve.
The yen started trading as low as 131.13-18 against the dollar
early Friday, with dealers unimpressed by Japan's 31 billion dollar
two-year tax cuts announced the day before. They had hoped for
permanent cuts.
Minutes after Prime Minister Ryutaro Hashimoto announced the tax
cuts Thursday, the cornerstone of a 16 trillion yen ( 123 billion
dollar ) spending package, the currency tumbled to 133.16 yen here.
The Bank of Japan was estimated to have spent about seven
billion dollars propping up the yen in December when Hashimoto
announced a one-off two trillion yen tax cut.
Eisuke Sakakibara, vice finance minister for international
affairs, better known as Mr Yen for his influence on currency
rates, indicated Japan was ready to step into the market to save the
yen from a major slide.
Bullets are already loaded in a gun, although I cannot tell you
when we pull the trigger, he told a Tokyo television station
Friday.

Date: Sun Apr 12 1998 15:06
Mike Sheller (cool lurk - re spoiled gold) ID#347447:
Copyright © 1998 Mike Sheller/Kitco Inc. All rights reserved
As the knowledgeable posters at Kitco are aware, your broker is correct ( ALL brokers are ALWAYS right ) . The yellower your gold becomes, with time, the more toxic it becomes. Eventually, holding the metal too long can be fatal. Do not fall for these internet scam artists at gold forums. DO NOT ship your gold to them. First of all, they will inevitably wind up handling it, and you don't want their injury on your conscience. These people sit at their computers all day long and prey on innocent gold owners like you. Don't reply to them if they ask you your age, or what kind of ice cream you like to eat. They can't help themselves and will handle your gold until they sicken and die, or, worse, start buying mutual funds. Do not be a party to this. Tie your bullion bars in neat stacks and put them out at the curb on recycling day. Let the real professionals who are best equipped to do so handle your gold. The garbagemen. They will know what to do with it, and you will sleep soundly knowing that your gold has not contributed to anyone's hurt.

Date: Sun Apr 12 1998 14:58
Mike Sheller (lenaxe) ID#347447:
So tell me, lenaxe, how long does it take to be certain a Dow top is in?

Date: Sun Apr 12 1998 14:50
Poorboys (Kitco --The safe place to post ---Friends Everywhere) ID#224149:
lenaxe ( @OLD GOLD ---The Perfect Pair extra de ordinaries ---Sorry Ted –I could not let it go .


Date: Sun Apr 12 1998 14:42
Poorboys (Ebb Tide) ID#224149:
Eb –Get a hold of yourself ----Long Island ---C$ --DM$ --Platinum –Time for the American Barbecue –Did I say –No Fouling –Sucker---Black verbiage ---Yes --No

Date: Sun Apr 12 1998 14:36
chas (A.Goose re buy direct) ID#342282:
I've got to go to Charleston for a few days. When I get back, I'll contact all the mines I can and get some info re direct purchase from them. Freeport Mcmoran to BCMD etc. May be a good move. However, the fine content will vary considerably from London Good Delivery. I can refine, but very little volume. Maybe Bart can come in on this. We'll see. Good idea, Chas

Date: Sun Apr 12 1998 14:35
lenaxe (@OLD GOLD re your post of 14:26) ID#263184:
I agree with your thoughts. My feeling is that some of the smarter money will start moving into the precious metals as a hedge of a sort against a drop in the stock market and that increased buying will occur after it is certain that a Dow top is in. At that time, people will be looking for a place to put their money from stock sales and precious metals should be one of the prime areas. One factor that could disrupt this scenario would be a violent shakeout of the stock market as a whole resulting in a rush to liquidity as in 1987.

Date: Sun Apr 12 1998 14:32
Poorboys (What a Man ?) ID#224149:
Haggis –Are you asleep again ---Scot –to English or where the hell is my drink?

Date: Sun Apr 12 1998 14:30
EB (just found my basket...) ID#22956:
and it had a Panda in it.......a gold one, uh huh.......that's pure baby......ohmy! My g-friend is the best...she thinks you guys/gals are kinda nutz, and I hang out with ya'. What does that make me? Hmmmmm...go gold.

away...to add ANOTHER wing to the museum

Éß

Auric....have you decided which charity Hmmmm...let me know if you need help...

Date: Sun Apr 12 1998 14:29
2BR02B? () ID#266105:
-


Suspicious ( The problem with U.S. is simple ! ) ID#285121:
We have 70% of the world's lawyers.

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Perhaps you've had a bad experience with the legal
profession stemming from a situation. Myself, I've never
had cause to enlist the services of an attorney nor appear
in court on behalf of legal situation. I hope that continues,
crossing fingers.

I would hope that casting the jaundiced eye towards
the entire profession and individuals practicing in that
discipline isn't something gleaned from shoddy journalism,
taken to heart and then simply reiterated as fact without
basis, as something 'everybody knows' without checking or
thinking, then gets passed on in the form of a disinformational
inheritance for storage in the cultural mismemory.

Date: Sun Apr 12 1998 14:27
cool lurk (To Suspicious and Mr. Liberty:) ID#342237:
I feel so, so stupid, I had thrown away it my regular trash. I knew it had gone reALLY BAD, but I had no way of knewing it was toxsick. I hope it don't kill no dogs out at the dump. They should label it like packs of wiennies, so we would know better thn that. Thank you kindley.

Date: Sun Apr 12 1998 14:26
OLD GOLD () ID#238295:
ROR: The fact that the gold bear has ended ( despite the doubts of many here ) is a strong sign that the stock bull is in its final phase. I have long felt the stock bull would not end ( corrections aside ) until the yellow finally developed a real head of steam. And the more overvalued stocks get, the bigger the subsequent stock bear and gold bull.

My guess is that stocks will not roll over decisively until POG hits $340-$350. And if the Dow reaches 10,000 before the collapse, all the better for POG

Date: Sun Apr 12 1998 14:17
Poorboys (Rumor ---The Island is full of lawyers---USA ) ID#224149:
Ted--- After reading your posts today---Try another 50 miles ---for the lawyers ---Somebody has to care?

Date: Sun Apr 12 1998 14:17
6pak (Libya @ SDR ) ID#335190:
Copyright © 1998 6pak/Kitco Inc. All rights reserved
Home Page:
http://ourworld.compuserve.com/homepages/dr_ibrahim_ighneiwa/

Libya: Codes, currency, weights and measures...etc.

Libyan Dinar = 100 Dirhams
Libyan Dinar = 3 US Dollars
ISO 4217 Code: LYD 434
Regime: SDR ( 8.5085 )
SDR stands for Special Drawing Right which is an artificial basket currency used by the International Monetary Fund ( IMF ) for internal accounting purposes.

Initially the value of the SDR was defined in terms of one US-$, which in turn was defined in terms of an ounce of gold: $35/oz until 18-Dec-1971; $38/oz between 18-Dec-1971 and 11-Feb-1973; $42.22/oz between 12-Feb-1973 and 30-Jun-1974.

Since July 1974 the SDR has been defined in terms of a basekt of currencies. This basket consisted initially of 16 currencies and was reduced to 5 in 1981.

Every five years the IMF determines which five currencies will enter the basket, and which weight will be applied to each currency. The exchange rates used by the IMF to calculate the official SDR are the noon rates in the London foreign exchange market.

When the London market is closed, noon rates in the New York market are used, and Frankfurt fixing rates are employed when the New York market is also closed. ( Source: Pcific at University of British Columbia )

http://ourworld.compuserve.com/homepages/dr_ibrahim_ighneiwa/misc.htm
FWIW Take Care

Date: Sun Apr 12 1998 14:11
223 (holiday joke) ID#26669:
Copyright © 1998 223/Kitco Inc. All rights reserved
Once upon a time there were three friends, traveling salesmen in yard goods who were in a great plane crash and all were killed. One was a Hoosier, another was an Oklahoma Sooner and the third was a Californian.

Well, when they died they were split up in the crowde at the great Pearly Gates, their plane having crashed during a busy season.

The Hoosier was met at the gate by Saint Peter, who apologised and told him that since he had cheated on his expenses on income taxes he'd have to go back to suffer for five years. Since Purgatory was filled up, he'd just have to do by going back to Earth to marry the most butt ugly woman, stupid, unclean he could find.

He did so and was near to the end of his five years of untold misery when he met his Sooner friend, who was married to a woman even smellier, uglier and grosser than his. When he asked how it happened the friend replied that there had been a little cheating on his tax form, not enough to get him thrown out, but enough to need purgatory.

Right before the end of the five years the two of them were sitting in a bar commiserating and in walked their friend from California, with the most beautiful, drop-dead-gorgeous woman they'd ever seen. They greeted him and as his wife excused herself to go to the bathroom asked him for his story.

Said the Californian, I've had the most wonderful five years ever, all courtesy of St. Peter, who said that since heaven was full he'd let me enjoy paradise on earth until my mansion was ready. I met this wonderful woman who has fulfilled my every dream. The only thing I wonder is that every time we make love she rolls over and mumbles under her breath, 'damned taxes'.

Date: Sun Apr 12 1998 14:11
Liberty (@ Cool Lurk.....Spoiled Gold) ID#263379:
Yeah I had a big batch of it go bad on me way back in 1980. I sold it to some sucker who thought it was worth more, after it turned yellow....put all the money into stocks and now I have enough to buy about 16 times as much Good Gold as that spoiled stuff I got rid of!

( Psst, don't feel sorry for the guy I sold the spoiled Gold to, he's happy cause he still thinks he made a big profit over stocks and that his Gold will someday be worth $30,000 an Oz. and then he'll break even with us stock fools )

Date: Sun Apr 12 1998 14:08
Suspicious (cool lurk / no problem) ID#285121:
When your gold gets old and yellow don't throw it away, send it to me to be disposed of in a proper manor. I also understand it is a closley controled poluntant.

Date: Sun Apr 12 1998 14:05
Poorboys (Go Platinum ---Break out) ID#224149:
Pete---Hope you are not a Lawyer? You know how Ted --###%@@@ Party’s with –Oh –My ---Help Me ---Brew the Hops

Date: Sun Apr 12 1998 14:05
Liberty (@ Suspicious...Attorney's) ID#263379:
Copyright © 1998 Liberty/Kitco Inc. All rights reserved
2 lawyers talking and one says to the other:

FIRST LAWYER: I heard you settled the Robinson matter...that housepainter guy suing that old woman for all her assets because he had some bogus injury on the job when he was paiting her house

SECOND LAWYER: Yeah well, we could have taken her house and everything but just settled for about half her assets and most of her retirement

FIRST LAWYER: I've never known YOU to be so generous, no matter what the merits of the case are...what gives?

SECOND LAWYER : Wellll, you know..when the defendant is your Mom and all.......

Date: Sun Apr 12 1998 14:04
IDT (Pete: same to you but considering the mixture you just described this is ) ID#228128:
one time I wouldn't get behind you 100%. Happy Easter to all.

Date: Sun Apr 12 1998 14:04
Suspicious (OLD GOLD ) ID#285121:
Old Gold made WJC come to mind for some reason : )

Date: Sun Apr 12 1998 14:04
cool lurk (To anyone.) ID#342237:
Does gold tend to get old? I mean, my investment broker told me that gold will spoil after a while and that most spoiled gold turns really yellow. Any help would be very appreciated.

Date: Sun Apr 12 1998 14:01
Liberty ((LGB @ Home) .....Golden Eggs) ID#263379:
Happy Easter to all. We just finished the Easter Egg hunt, and guess what I put in one of the money eggs? UmmHmmm, a little 1/10 Oz. Gold American Eagle! The 5 year old got it ( I think her Mom coached her though.... )

Resurrection, New life, Spring, begninnings....now what shall the next week bring?

Date: Sun Apr 12 1998 13:59
Suspicious (The problem with U.S. is simple !) ID#285121:
We have 70% of the world's lawyers.

Date: Sun Apr 12 1998 13:56
OLD GOLD () ID#238295:
ROR: There are lawyers and lawuers. Some help the average Joe fight the greedy and powerful. But many help the greedy and powerful fight the average Joe. In fact many lawyers are themselves greedy and powerful

Date: Sun Apr 12 1998 13:48
EB (sorry bart...not all PM related...email not working) ID#22956:
Aurator/jman - my brew is not fermenting yet. It's been more than 24hrs but less than 48....It ain't doin nothing ( It's not doing anything ) ...did I 'screw the pooch'? Will it come around? Should I add more yeast? Patience oh dear...tell me it will be ok... {:- )

btw to all.....happy easter....go Platinum....it will be a BIG week...

away...to knock back a few with Mr Bunny

Éß

hey Ted...mail is NOT working.....am M.A.H. !#%!&*!#&*!!

Date: Sun Apr 12 1998 13:47
Pete (Happy Easter Ted, poorboys, Mike, ROR, IDT, Donald_A, A. Goose, 2BRO2B, Haggis, chas) ID#222231:
and anyone I inadvertantly missed. Off to eat my carrots, cabbage, onions, garlic, prune juice and geritol, and thence the back seat of poorboys mercedes. Bye!

Date: Sun Apr 12 1998 13:46
Poorboys (And Who Said the planets are stars) ID#224149:
Mike Sheller ---More than the Square of Gold ---Sun 4.5 Aquarius

Date: Sun Apr 12 1998 13:42
2BR02B? (@ROR) ID#266105:


I can't fail to note that the general rise in litigiousness
and per capita lawyerlyness exceeding any/every place on earth
has somehow been accompanied by a bazillion new lines added to the
Federal Register and likeness to code, particluarly agency/regulatory
at every level of government.

Always mass confusion about cause/effect, symptoms/disease,
root and branch.

Date: Sun Apr 12 1998 13:41
Jeremy (Miners high and dry despite downpour ) ID#240120:
Copyright © 1998 Jeremy/Kitco Inc. All rights reserved
The Easter downpours have done little to alleviate the drought conditions in central-western NSW that are forcing mining companies to take take special measures to combat the lack of water.



Two of the State's biggest gold operations - North's Northparkes copper-gold mine and Newcrest Mining's Cadia development - expect costs to rise because of the need to source additional water and change production schedules.



http://www.smh.com.au/daily/content/980413/business/business7.html

Date: Sun Apr 12 1998 13:37
Mike Sheller (Poorboys - re Neptune in Aquarius) ID#347447:
You can really feel it, can't you!?

Date: Sun Apr 12 1998 13:37
2BR02B? (@tolerant1) ID#266105:


I've heard of ham-handed which may apply to the IMF
but ham headed!?

Date: Sun Apr 12 1998 13:34
ROR (TED) ID#35767:
Ya dont like lawyers because they [protect working people from big business ripoffs and tobacco. The greedy and powerful hate us for that reason. cheers!!!

Date: Sun Apr 12 1998 13:31
Ted (Happy Easter Pete) ID#330175:
fellow S.H.er~~~~~~~~~~~~~MOI & Willy are gettin ready fer the easter egg hunt ( he's into it,huh )

Date: Sun Apr 12 1998 13:30
Poorboys (Stars for everybody) ID#224149:
Mike Sheller ---Better Mike—Have Solar Fire 4 –Waiting for arrival of Jigsaw ---What do you use? Astrology has come a long way ---That Neptune In Aquarius sure makes a difference.

Date: Sun Apr 12 1998 13:29
Ted (Tolerant1.....& Happy 'funny-Bunny day' to YOU........) ID#330175:
Bein a veggie I'd leave the head ta you ( but the idea is still a positive one ( scum bag ) ....

Date: Sun Apr 12 1998 13:28
IDT (PJL nice analysis, I bookmarked it) ID#228128:
One question. What level of a breakdown on the XAU would you think the second scenario is in force. You mention a break below the blue trendline. Is it the upper or lower blue trendline?

Date: Sun Apr 12 1998 13:26
Mike Sheller (POG, flowers in the park, and other things) ID#347447:
Copyright © 1998 Mike Sheller/Kitco Inc. All rights reserved
Since somebody looked at the gold chart already today, I figure I can chime in too. Judging from the channel gold seems to be etching here, there's room for one more wavelet up to 319. Resistance might come in there. If so, and there's a failure, we could see a retracement to about the 296ish level, with the uptrend and embryonic bull still breathing. Remember, Easter signifies that we no longer have to sacrifice animals to please the Almighty, so I say let the bull go free, and sin no more ( the hard part ) . An upside penetration of the upper line of this current intermediate term price channel will take us to 330 by the end of April. Possible new resistance comes in there. IMVHO, of course. So 319 is critical here. The shares may be a tad overbought, technically, but in the early stages of a good rise, that condition can persist for startlingly long periods of time. PDG, for instance, on the weekly chart looks like it has either begun to reverse, or is ready to put in a straight line upweek or two blast off.

Date: Sun Apr 12 1998 13:25
Pete (Mike Sheller) ID#222231:
You got that right Mike. Everyone knows I'm FULL OF IT!

BBML

Date: Sun Apr 12 1998 13:24
Donald__A (@ A.Goose. 14,000 troy minimum purchase here) ID#26793:
http://www.123gold.com/bullion/

Date: Sun Apr 12 1998 13:21
tolerant1 (Ted) ID#31868:
Happy Easter, a most hearty wish for you...

I am ecstatic, Camdesuss, his head will be the center piece today at the table of plenty...gonna use his head for a chip dipper...

Date: Sun Apr 12 1998 13:18
Ted (ROR.....yer talkin weird again(a little Sunday-drinkin(when ya should be in---) ID#330175:
church,huh?....What has been yer stock-portfolio since,let's say, the mid-80's? I've divulged mine many times on this forum!! Go D.R.I.P.'s ( XON,PNY,SBC,BGC,CNG,SIG,HE ) ----you've just made yer 'blood-money' by rippin peopleO off as LAWYERS are PRONE to do,huh...worthLESS 'paper-shufflers',EH!....You should be in CHURCH,asking for forgiveness~~~~~!!

Date: Sun Apr 12 1998 13:18
A.Goose () ID#20135:
chas:

I think you can get a free version ( older maybe but should work fine ) from pkzip site.

http://www.pkware.com/

hope that helps


Does anyone have the url for the London exchange that trades gold ?

LBMA? LBME can't seem to find a direct link only second hand articles

Thanks in advance.

Date: Sun Apr 12 1998 13:17
Mike Sheller (Poorboys) ID#347447:
Just hope Pete don't take that physic in the back seat of your Mercedes.

Date: Sun Apr 12 1998 13:16
Pete (PJL) ID#222231:
Thank you for your comments. If there is any credence to the article posted 10:07, then the debt is still increasing. Therein lies the rub. Even if the budget becomes balanced eventually ( I have my doubts ) , do you believe they will ever pay off the enormous debt?

This debt is so huge that one of two scenarios will occur in order to eliminate it; Hyperinflation or a write off through deflation.IMHO.

PNWM

Date: Sun Apr 12 1998 13:15
tolerant1 (Haggis - Hmmmmmmmmmmmmm) ID#31868:
A happy American idiot, running backwards on Paris Island making fun of older men...

And laughing all the time that I am able, podge ( kentucky expression )

Be nice, enjoy your bunny...

Date: Sun Apr 12 1998 13:15
2BR02B? (@facts and fictions about Social Security) ID#266105:


http://www.concordcoalition.org/facing_facts/alert_v4_n3.html

Date: Sun Apr 12 1998 13:15
Poorboys (As the World Turns) ID#224149:
Haggis----Canadian from the North Pole --Yes ---Tell Me ----I can Take it---Glad you woke up –Maybe –Maybe –not


Date: Sun Apr 12 1998 13:10
A.Goose (Just thinking - and that's scary for A.Goose) ID#20135:
Copyright © 1998 A.Goose/Kitco Inc. All rights reserved

( working on how to value gold able comex closes down )


Why can't we , why won't we buy gold directly from the mines?


We buy gold rings directly from jewelers We buy much more expensive items than an ounce of ten of gold from people we know not. Cars, houses, computers, tools, …

Well, at one point in time the grading of gold wasn't controlled and many a person ( it is told ) received a coin or a bar that was less than it was presumed. People shaved corners … So government came out and back paper because it would stand behind its value ( what a joke ) . Gold and silver coins were clumbersome ( boy that is hard for me to believe ) . There isn't enough gold and silver to go around to allow efficient trade and commerce - SDRer has shown that indeed international trade has been taking place using the gold standard all these many years. Well, whatever the reason were or are … I don't think they apply any more.

I suggest that if need be, a small device ( magnetic resonance maybe ) can be built that will allow for the quick and easy analysis by weigh of gold and silver coins. By golly they have sensors that they use to probe deep hard rock mines to determine gold content. They have portable mass spectrometers for under $5,000. The technology makes a device very doable.

Mines ( usually sell for under spot - 2% or so ) and the consumer buys for above spot. The internet allows people to go directly to the source ( dell, amazon books, etc. ) . I would like to think that this forum will be the spawning ground for the direct purchases of gold slugs ( because they can't mint money ) from mines. I would dearly love to be able to have a collection from the mines that have invested in HOW about you.

BBML

Date: Sun Apr 12 1998 13:10
Poorboys (Must be Easter --I think I like Pete ?) ID#224149:
Pete –You Are Physic ---- Mercedes---What Year? ---Sheller take a back seat ---youuuuuuuu got Compton.

Date: Sun Apr 12 1998 13:08
Haggis__A (Poorboys............you can do better than that......) ID#398105:

My dear Chap, loser is an American term I believe......

An American with a sense of humour, how different !

When the DOW corrects itself, show me an American who can laugh when everything goes wrong, and I'll show you an idiot.

By the way, do you want to buy an advanced platinum project ?!

Date: Sun Apr 12 1998 13:06
2BR02B? (@unfunded federal employee pension fund obligations; $1.1T) ID#266105:
Copyright © 1998 2BR02B?/Kitco Inc. All rights reserved


Oops, double post.


Fact: The significance of the unfunded liability of the civil service
and military retirement systems has nothing to do with the risk of
bankruptcy. That liability, which officially totaled $1.1 trillion at
the end of FY 1992, is a measure of the net gift we are asking from
taxpayers in future years to cover benefit promises that have already
accrued in past years. The liability is important precisely because
the federal government is not expected to go out of business. To the
extent that the government's pension promises are considered
unbreakable, they will have to be paid offujust like the publicly held
national debt. Yet these liabilities are currently off the books.



--from essay by Pete Petersen, present chairman of The Concord
Coalition taking over for the late Paul Tsongas

Date: Sun Apr 12 1998 13:04
chas (A.Goose re yours 4/11 @ 13:53) ID#342282:
I got BIS page, buit Ann Rept was mentioned- not full. I'll keep trying on a page I have for Swiss financials. Your post on COT is getting with it. If I could get a way to unzip CFTC data, I could go back several years. Any body got a way to unzip I believe a comparison between commercials and specs, long and short, charted vs the price and vol on gold could reveal some definition. Thanx again

Date: Sun Apr 12 1998 13:00
Poorboys (What are friends for ----Dionne Warwick ---Saved from the Truth ---Again) ID#224149:
Pete ----Yuck –yuck ---yuck that’s a good one ---You are now my friend forever.

Date: Sun Apr 12 1998 13:00
Donald__A (@Themissinglink) ID#26793:
I am a little hazy on that part. As I recall from my youth all gold mines sold only to the government. The government sold to the jewelers. Later it seems that wholesalers took over that role. They bought from the government who sold directly to jewelers. Let me do some checking.

Date: Sun Apr 12 1998 12:59
Snowball ((@ Tolerant 1) & All ) ID#234218:
I couldn't seem to come up with words of my own. Therefore, I would like to ditto and use your from your 12:42. This is truly a time for wishes and blessing upon all mankind.

May the joy and gift that is Easter be upon all.

Date: Sun Apr 12 1998 12:57
2BR02B? (@mutual fund inflows) ID#266105:
-

Melissa Brown, director of quantitative research at
Prudential Securities, noted that investors sold some $340
billion of directly owned stocks last year, according to
U.S. statistics. That's more than the $227 billion that
ICI ( Investment Company Institute ) says went into stock
mutual funds last year.

All that selling would appear to raise the question
of whether individual investors are truly pushing up stock
prices with fund purchases, or merely mitigating the gale-force
selling by other individuals.

But Ms. Brown said that much or most of the $340 billion
in stocks sold by individuals last year were of closely held
enterprises-- for instance, the owner of a closely held shoe
chain who sells out to a corporation. And a significant
amount of that money may be going into mutual funds. In effect,
those individuals are transferring their money from private
equities into the public market. Investors may be able to
realize more money in the public market than the private
value of their businesses.

- The Wall Street Journal; 4/10/98


So if one buys this info, that mutual fund buying
equates to less than privately held company stock selling,
then what is powering the stock market to higher levels
must be found elsewhere than mutual fund purchases. The
information that mutual fund inflows have been less than
individual company stock selling has been reported
as facts and figures throughout this entire bull market
cycle and rising popularity of mutual fund ownership.

Date: Sun Apr 12 1998 12:56
Mike Sheller (PETE - recidivist) ID#347447:
For the most recent, and self-explanatory, use of this word at Kitco, please refer to line 15 of my April 11th 10:16 post.

Date: Sun Apr 12 1998 12:55
PJL (Poorboy) ID#227228:
Pete: Governments around the industrialized world are slashing their deficits dramatically. The US is no different. They are slow to move, but the die is cast. Deficits will disappear. The problem may be getting them to hack away at the debt, but your argument isn't as strong as it was a few years ago.

Date: Sun Apr 12 1998 12:49
Pete (ALL - A SAD STORY.) ID#222231:
Copyright © 1998 Pete/Kitco Inc. All rights reserved
Once upon a time there was this, at one time called poorboy, you can call someones neighbor next door, that was trying his best to outdo everyone in the neighborhood. He built the biggest, most ornate house, bought a Masseratti, a Mercedes, the finest jewelry, went to the most exotic places for vacations, threw gigantic shindigs, loaned out money to his friends, protected his friends from harm in anyway he could, told everyone to join the party for the good times are here forever, and finally, last but not least, played the market on margin in order to continue his lavish life style.

All said, WHAT A GREAT FORMER POORBOY. No one knew he had borrowed from every bum he could to the max, but he managed to keep up the pretense longer than anyone thought he could. Then these bums got worried that he would or could not repay back these loans and started calling in thier chips. The party finally ended for this poorboy.

The US Gubmnt is in the final stage, regretfully.


Date: Sun Apr 12 1998 12:46
Poorboys (Just a Guess) ID#224149:
Ted –I see a down week ---Like 301 buy ---sell 313 unlucky number the days to follow ---I sure Like Platinum long term –Anybody Worldwide got any ? Platinum Blonde ---Blondes are nice too

Date: Sun Apr 12 1998 12:45
Leland (An Egg From the Easter Bunny) ID#31876:

http://www.psi-nfo.com/rel_boom.html

Date: Sun Apr 12 1998 12:45
ROR (TED) ID#35767:
Dontcha hav a lap top puter sos ya can continua ta inform us all whiles yer buildin' yer haus on dat der Maine Island?

Date: Sun Apr 12 1998 12:42
tolerant1 (and he stood by the waters edge...the ocean lapped lazily at his feet...) ID#31868:
and on this day he wished all within the scope of his imagination a happy and prosperous eternity.

Date: Sun Apr 12 1998 12:40
chas (SDRer re GF issue) ID#342282:
Copyright © 1998 chas/Kitco Inc. All rights reserved
I got the BIS page and worked it over. On the contact I had to write down the phone a nd fax- it would not print. Nothing there that would lead to GF issue. I've got a Swiss financial page that includes BIS and Edmund Rothschild. I'll go to work there. Otherwise, I have no specific leads to this question- what is total current GF issue. Any help wpould be greatly appreciated. I don't know, but I feel the volume ofpaper currency dealt in by ME producers would inhale the available GF issue- maybe already has. Thanx for your work, meantime I'm going to the creek to clear my brain, Charlie

Date: Sun Apr 12 1998 12:37
Ted (Poorboys.........& 'water over the dam'..................) ID#330175:
the Sydney Casino & abx~~~~~~~~'Paper$$$ profits' soon ta be turned into wood-granite....What is your take on gold's Monday action

Date: Sun Apr 12 1998 12:28
2BR02B? (@mutual fund inflows) ID#266105:
-

Melissa Brown, director of quantitative research at
Prudential Securities, noted that investors sold some $340
billion of directly owned stocks last year, according to
U.S. statistics. That's more than the $227 billion that
ICI ( Investment Company Institute ) says went into stock
mutual funds last year.

All that selling would appear to raise the question
of whether individual investors are truly pushing up stock
prices with fund purchases, or merely mitigating the gale-force
selling by other individuals.

But Ms. Brown said that much or most of the $340 billion
in stocks sold by individuals last year were of closely held
enterprises-- for instance, the owner of a closely held shoe
chain who sells out to a corporation. And a significant
amount of that money may be going into mutual funds. In effect,
those individuals are transferring their money from private
equities into the public market. Investors may be able to
realize more money in the public market than the private
value of their businesses.

- The Wall Street Journal; 4/10/98


So if one buys this info, that mutual fund buying
equates to less than privately held company stock selling,
then what is powering the stock market to higher levels
must be found elsewhere than mutual fund purchases. The
information that mutual fund inflows have been less than
individual company stock selling has been reported
as facts and figures throughout this entire bull market
cycle and rising popularity of mutual fund ownership.

Date: Sun Apr 12 1998 12:27
6pak (Pete @ 10:07 - The emperor has no clothes Know the players - Truth & Trust eh!) ID#335190:
Copyright © 1998 6pak/Kitco Inc. All rights reserved
Steve Forbes - Martin Gross - Democrats - Republicans - New York Times - Washington Post - Associated Press.......Social Security Trust Fund - Medicare System - American Taxpayer - Civil Service and Military Pensions - Retirees & Disabled Americans........

...........................CONCORD COALITION ?

In 1869 the People's Journal, a weekly broadsheet, began publishing in Hamilton. The newspaper moved to the Ontario provincial capital at Toronto in October 1870 and vanished in the summer of 1871. It s owner and editor, John MacLean, used the newspaper to attempt to forge a coalition of industrialists and labour against free trade.

MacLeans journal was funded by a prominent Hamilton industrialist, Isaac Buchanan. Buchanan was also a trusted confidant of Canada's first prime minister, Sir John A. Macdonald. Buchanan was convinced that working-class Canadians had a vested interest in a national industrial tariff. He also knew that industrial peace and cross-class solidarity would enhance his war against free traders. The journal noted:

The labouring classes generally, in the manufacturing districts of this country, and especially in the iron and coal districts, are very little aware of the extent to which they are often indebted for their being employed at all to the immense losses which their employers voluntarily incur in bad times, in order to destroy foreign competition and to gain and keep admission of foreign markets. ( Hamilton Ontario, People's Journal Fed. 19 1870 )

NEVER PICK A FIGHT, WITH A MAN, THAT BUYS INK, BY THE GALLON.

FWIW Take Care

Date: Sun Apr 12 1998 12:27
PJL (IDT Comments) ID#227228:
Copyright © 1998 PJL/Kitco Inc. All rights reserved
IDT: I do most of my analysis on the XAU. The Fibonacci relationships abound, and it lends itself well to Elliott Wave. I agree entirely with your technical comments. We stand at a critical level. Anything in the way of backing and filling at the moment would be most productive if your on the long side. A move through heavy resistance, just below XAU 90, will have us scoot quickly to XAU 100. A more elaborate analysis of my view is here ( http://tiger.golden.net/laird/Comment.htm ) . There's a Fibonacci time chart the also, indicating April 14 as a possible pivot day.

Date: Sun Apr 12 1998 12:27
Poorboys (I left my Heart in Abx ---Now $$$$$) ID#224149:
Ted –Sorry but What ---$$$$$$ ---You bin hangin at the Casino –Oh My--- You Call that a walk?

Date: Sun Apr 12 1998 12:27
themissinglink (Donald) ID#373403:
What did this liscense dictate? Could the jeweler buy off the street?

How did the excess profits tax work?

Date: Sun Apr 12 1998 12:24
robnoel__A (After watching all the talking heads on TV this AM,brougt this to mind....First they came for the ) ID#411112:

Ten Commandments,I never spoke up,I was not religious.......then they came for the Guns,I did not speak up,I don't own a gun....then they came for tobacco,I did not speak up,I don't smoke.......then they came for my GOLD .......what will you do?

Date: Sun Apr 12 1998 12:23
Donald__A (Brazilian car sales down 9.34% as interest rates rise to 28%) ID#26793:
http://biz.yahoo.com/finance/980409/brazil_s_m_1.html

Date: Sun Apr 12 1998 12:19
Ted (Donald........possibly,huh.......................................* go $$$*) ID#330175:
50 degrees,hazy sun,and a gentle East wind off the ocean~~~~

Date: Sun Apr 12 1998 12:13
Donald__A (@Themissinglink) ID#26793:
There was no problem with jewelery and jewelers were allowed to obtain a license to purchase and own gold. There was an excess profits tax on gold held at the $20.67 price and still held at the $35 price thus no benefit.

Date: Sun Apr 12 1998 12:13
Poorboys (Dont call the Warden ---Gotta pay my taxes) ID#224149:
Habitual criminal –I new I was Something –Tanks ---Pete


Date: Sun Apr 12 1998 12:10
themissinglink (Gold during the 1930's) ID#373403:
Was there a way to spend gold during this time period? Could one sell their gold jewelry at current spot market or was it all subject to confiscation laws? Did the bullion market cease to exist under the monopoly of government gold ownership or did alternative markets appear?

Date: Sun Apr 12 1998 12:06
Donald__A (@Ted) ID#26793:
Are you confusing miles with Kilometers again?

Date: Sun Apr 12 1998 12:06
Lou_Jan (PETE: recidivist) ID#318172:
meaning: one who relapses; specifically: an habitual criminal. ( French etimology )

Date: Sun Apr 12 1998 12:04
IDT (ROR my take is that we are at a cross roads) ID#228128:
Copyright © 1998 IDT/Kitco Inc. All rights reserved
Technically: The long term trend and momentum are still down. The short term trend since December has been up. We are at the top of the downward trend channel so graphically depicted by APH yesterday. Stochastics show that gold an the TSE gold index are overbought, They could move into a corrective phase or continue overbought if gold can squeeze out some more gains. If it can gain a few more bucks, say to the 314-316 range then we will have climbed out of the downward channel and established a new trend that is up. All the technical vodoo, for whatever it is worth, has in my opinion an impact on psychology. If we establish a new trend, then the longs will get longer and the shorts will get long, producers stop hedging to see what will happen to the upside, etc. In other words, the new trend becomes a self fullfilling prophecy and we get out of the woods.

Fundamentally, the dollar is still strong. Money is rushing to the U.S. from Asia and its problems and Europe and its uncertainty over the Euro. People still have no idea at what level their currency, bonds, etc. will be fixed to the Euro. Money hates risk, so it comes to the U.S. On the other hand as someone so aptly described a couple of posts below, the king has no clothes. The U.S. is in serious trouble long term. Recent discussion here about the loss of U.S. control over world monetary systems by instituting gold backed currencies, Asian and Middle-east currency reserve systems and the Euro will provide competition for the U.S. dollar. Meanwhile the fed is creating money like crazy and the clowns in Washington think only of how to spend us into oblivion. When these two opposing forces intersect and diverge with positive implications for gold is the only question, not whether or not the current trend persists. I think this will happen by mid-1998. If gold can hang in ther until then we are in the clear. As gold is a leading indicator perhaps by 6 months or so, I would like to see it break out of its longterm downtrend now.

Date: Sun Apr 12 1998 12:02
Donald__A (Gold news from India, Sri Lanka and Bangladesh) ID#26793:
http://www.webpage.com:80/hindu/daily/980410/06/06100006.htm

Date: Sun Apr 12 1998 12:02
Poorboys (I Give Up __&%####@) ID#224149:
100 mile walk ---You The Man -Take my sneakers -^+

Date: Sun Apr 12 1998 12:02
Ted (ROR............................................................& LAWYERS SUK) ID#330175:
Who says there is no inflation----just look what blood-suckin lawyers make in the states ( ditto doctors! ) ....how do ya spell OBSCENE,huh?....P.S. Have YOU been calling the stock-market a 'bubble' for the past 15 years?

Date: Sun Apr 12 1998 11:57
Poorboys (Pete --Better -than -Ezra) ID#224149:
RECIPE
3 Carrots –Some Horseradish ---Two Garlic’s ---In the blender ----Cures Everything

Date: Sun Apr 12 1998 11:54
Ted (Back from what seemed ta be a 100 mile walk--in need of herbal help,EH) ID#330175:
Auric: Happy 'Bunny-Day' to you too~~~~~~~Poorboys:'she used ta work in a diner'-----'somewhere on a desert highway,she rides a Harley Davidson'--accompanied by Vancouver 'skunk'....GO $$$$$$$$

Date: Sun Apr 12 1998 11:48
Pete (Poorboys) ID#222231:
Gee, I was just working on a crossword puzzle. I need an interpretation for the word RECIDIVIST. Please reply ASAP.

Thank you

Date: Sun Apr 12 1998 11:44
Poorboys (Disney was never Wrong --Not Dizzy) ID#224149:
Haggis –It’s about time to wake up to reality ----Smell the American Dream—This is not the right time to be a loser ---Flying on the DOW –Oh My ---Did I say Dat.



Date: Sun Apr 12 1998 11:44
Donald__A (@SDRer) ID#26793:
Did you catch my post yesterday from the professors who say that inflation is no problem because only criminals hold cash?

Date: Sun Apr 12 1998 11:43
Lou_Jan (London Commodities Exchange) ID#318172:
All: Can anyone say whether or not London will be open on Easter Monday? What about Asia -- business as usual?

Date: Sun Apr 12 1998 11:33
SDRer__A () ID#288155:
Copyright © 1998 SDRer__A/Kitco Inc. All rights reserved
U.S. Supreme Court
TRANS WORLD AIRLINES, INC. v. FRANKLIN MINT CORP., 466
U.S. 243 ( 1984 ) 466 U.S. 243 TRANS WORLD AIRLINES, INC. v.
FRANKLIN MINT CORP. ET AL. CERTIORARI TO THE UNITED
STATES COURT OF APPEALS FOR THE SECOND CIRCUIT No.
82-1186.
Argued November 30, 1983
Decided April 17, 1984*

If you have read this case, you now are aware of a number of interesting facts, not the least of which is the 1975 IMF Jamaica Accords,” In 1975 the member nations of the IMF formulated a plan, known as the Jamaica Accords, to eliminate gold as the basis of the international monetary system.”

In reading [other places, not this case], one comes across this very remarkable, very late 20th century tenet: “In considering currency as a STORAGE OF VALUE, it is IMPORTANT to consider the SOCIAL CONSEQUENCES, for when the currency is used as a storage of value it is UNAVAILABLE to others for transactions.”

The round-eyed magician has added juggling to his repertoire, and we have reached the point-in-time where EVERYTHING depends on 1 ) keeping all the oranges in the air and 2 ) successfully continuing to add oranges to the juggled group.

The question becomes: How many oranges can the round-eyed master juggle before he drops at least one?

http://caselaw.findlaw.com/scripts/getcase.pl?court=US&vol=466&invol=243

Have a wonderful holiday. BBML

Date: Sun Apr 12 1998 11:32
Poorboys (Tink American) ID#224149:
Pete –When I do Crossword puzzles ---I always Tink American ---Thank God I live in the North Pole –Right -- Haggis .


Date: Sun Apr 12 1998 11:31
Leland (Victor Weintraub, The Market is at a Direction Change Point) ID#31876:

http://www.firstcap.com/smt/sm.html

Date: Sun Apr 12 1998 10:55
Poorboys (Now ---Roger Waters --Where are you ?) ID#224149:
STUDIO.R ---Little Richard On Opening Night for James Brown ( The Man ) 1990 at the Clinton ( Sex-a-Secretary Bash ) Oh Yes ---The Quiz ---Mizz who?


Date: Sun Apr 12 1998 10:53
Cmax (To MOZEL) ID#339320:

Mr. Mozel,
I am utterly enamored, impressed, and blown away with your perspective.
Your jot about the realities of the United Nations was excellent.
Have you written, or thought about writing a book
Your information is very articulate..... you are either a walking encyclopedia with genius tendencies, ( and ) or have some very good sources. What other sites do you recommend?
Thank you.
Cmax

Date: Sun Apr 12 1998 10:42
STUDIO.R (@poor.boys......here is a nice lyric........name the artist.......who D.A.T.?) ID#288369:
Ain't gots ta' take ya' to the dentist tomorrow mornin', baby...'Cause I'm knockin' yo' teeth out tonight. Huh? BBL for the answer.

Date: Sun Apr 12 1998 10:34
themissinglink (Cast it all into jewelry) ID#373403:
On April 5, 1933, FDR issued this EO:
All persons are required to deliver on or before May 1, 1933 all
gold coins, gold bullion, and gold certificates now owned by them
to a Federal Reserve Bank, branch or agency, or to any member
bank of the Federal Reserve System.

http://www.familyjeweler.com

Date: Sun Apr 12 1998 10:34
STUDIO.R (@Pete...what if they gave a war and only the old people were invited?) ID#288369:
Right now the OMB ( office of the management of the budget ) and the Clintonista administration are carefully designing a conflict wherein the boomers will be annihilated, thereby ridding America of her greatest financial liability. It is secretly known as operation geritol.

Date: Sun Apr 12 1998 10:31
OLD GOLD () ID#238295:
ROR: The key factor behind my very bullish take on the gold market is its ability to ignore repeated bouts of bad news. As long is this continues the primary trend will be strongly higher despite the inevitable reactions.

BTW, the XAU is overbought and could pull back a few percent more short-term. So GLENN could be right on the VERY SHORT TERM TREND. But for those whose time horizon stretches beyond a few days, the long side is the place ro be.. And considering gold's strong showing in London on Friday,we may not even get much of a short-term pullback.

Date: Sun Apr 12 1998 10:29
Poorboys (Who said Dat) ID#224149:
STUDIO.R –Be Nice –Listen to Pink Floyd and have a Cigar or join the league against -----------no -------yes ----------


Date: Sun Apr 12 1998 10:29
robnoel__A (Pete thanks for posting that article by Joseph Farah..all should bookmark his webpage and read his ) ID#411112:

daily..... Between the Lines.... http://www.worldnetdaily.com

Date: Sun Apr 12 1998 10:10
ROR (With The Bearish Commitment of Traders) ID#35767:
If gold goes up from hear the bull is born. I think the big money has accumulated gold ahead of what they know will be financial upheaval in the US when the stock market bubble bursts. Our local paper attributed the stk market with keeping the econ strong and deficits down. If it falls well in a word bedlam. Comments.

Date: Sun Apr 12 1998 10:10
WhisperingLow (LET THE GOOD TIME ROLL!) ID#235378:
Copyright © 1998 WhisperingLow All rights reserved
I was reading our local Cincinnati Business Courier last evening and found a lengthy article advising how clever it is to
take out loans and buy stock on margin. People borrow to buy homes. Why not borrow to buy investments in equity,
they explain. They even give examples of one conservative schmuck who invested with cash and how he only made
80% profits over a period of years compared to another who borrowed and margined for gains eight times greater.

They then had another lengthy article about successful young investors spending their wealth on $85,000 automobiles
and $60,000 Renoir charcoal drawings.

I then was reading the Nikkei Evening News on the web and ran across an article that the Yokahama Commodity
Exchange will be offering Flower Futures starting in 1999. ( TULIPS I IMAGINE! )

If you think the Dow is a bargain at 9000 then I have some Tulips... they may be onto a good idea at that.

Date: Sun Apr 12 1998 10:09
STUDIO.R (@Dupe Diligence.....) ID#288369:
AL GORE, jr. is emitting more carbon dioxide and noxious gasses than a 400 megawatt coal-fired electrical generation plant. He is the father of El Nino.

Date: Sun Apr 12 1998 10:07
Pete (Liberty or LGB, whatever your handle is.) ID#222231:
Copyright © 1998 Pete/Kitco Inc. All rights reserved
HOW ABOUT SOME ILLOGICAL COMMENTS LGB? PLEASE EXPLAIN THIS AWAY IF YOU CAN.

Is balanced budget a scam? Government counts borrowed money as revenue



By Joseph Farah
©1998,WorldNetDaily

The $1.73 trillion government spending plan
proposed by President Clinton this week, billed
as the first balanced budget in 30 years, will
actually increase the national debt – just as it
has been increased each year of the Clinton
administration.

It's the single biggest lie by the U.S.
government in its history, says Martin Gross,
author of The End of Sanity and The
Government Racket and perhaps the only
person on the planet actually bothers to read
every page of the voluminous document. This
so-called 'balanced budget' is the result of the
kind of accounting gimmickry that would land
businessmen in jail for fraud.

To achieve what, on paper anyway, appears to
be a balanced budget, President Clinton has
proposed using the same kind of creative
bookkeeping technique the government has
used in recent years – but even more of it. The
federal government counts as revenue a
massive amount of money borrowed from the
Social Security Trust Fund.

Last year, for instance, the federal government
claimed a budget deficit of $22 billion. Yet the
national debt, the accumulated total of annual
budget deficits, rose $188 billion. If the deficit
rose $22 billion, the national debt should rise
by about the same amount. The difference
between the two figures was made up by
borrowed money – most of it raided from
Social Security, but some from other trust
funds set aside for highway and airport
construction as well as money from the civil
service tax. The same kind of accounting
procedures are used in the latest Clinton
budget.

Imagine looting your employees' pension plan
each year and treating the ill-gotten moneys as
operating receipts, explains Steve Forbes, a
likely GOP candidate for president in the year
2000. For the federal government, the moral
equivalent is perfectly legal.

Gross says the dirty little secret of
Washington's cooked books is the result of a
conspiracy of silence by the leadership of both
major political parties.

When the Democrats had control of the
Congress, the Republicans attacked the idea of
borrowing from the Social Security Trust
Fund, he said. But when the Republicans
took control, they wanted a balanced budget
so badly that they went along with the fraud.

Gross is more surprised that the establishment
press – notably the New York Times,
Washington Post, Associated Press and major
networks – have dutifully reported the
bipartisan government line as fact. The Times,
the nation's newspaper of record, for
instance, reported this week that the budget
was balanced by cashing in on five years of
cautious accounting and steady economic
growth. No mention was made of the
borrowed money counted as routine revenue.

President Clinton is using the balanced
budget to help sell a 4 percent increase in
spending over the previous year – to hire
100,000 new teachers, provide
federally-subsidized child care, increase the
budget of the scandalized Internal Revenue
Service by 10 percent and to expand the
insolvent Medicare system.

This budget marks the end of an era,
President Clinton said in unveiling the plan,
an end to decades of deficits that have
shackled our economy, paralyzed our politics,
and held our people back.

But, in fact, Gross, who has testified to
Congress on budget matters five times since
1993, points out, the growing national debt is
actually costing American taxpayers an extra
$100 billion a year – the interest needed to
service red ink nearing the $6 trillion mark. At
the current rate of debt accumulation, Gross
estimates the national debt will hit $7 trillion
within a few years.

The Concord Coalition, a group dedicated to
balancing the budget, points out that even if
Social Security's surpluses were saved, it
would defray only a tiny fraction of the
mountain of other unfunded benefit liabilities
the federal government has accumulated, such
as Medicare -- a lien against tomorrow's
taxpayers now totaling at least $15 trillion.
Were the federal budget to account for its
unfunded Social Security liability the way
federal law requires private corporations to
account for their pension liabilities, this year's
deficit would instantly rise by over $500
billion, the group claims. Account honestly for
the unfunded liabilities of Medicare and federal
civil service and military pensions as well, and
this year's deficit would rise by over $1 trillion,
according to the organization.

There are other long-time critics of the
borrowed-revenue scheme including Sen.
Daniel Patrick Moynihan, D-NY, who has called
the double-counting thievery. Some of those
critics found irony in the rhetoric employed by
President Clinton in releasing the package.

We've done more than simply balance the
budget, more than just line up numbers on a
ledger, he said. We have restored the
balance of values in our policy, restored the
balance of confidence between government
and the public.

In fact, Gross, Forbes, Sen. Ernest Hollings,
D-SC, the Concord Coalition and other critics
say the public has been hoodwinked by
government and that all Clinton has done is to
line up phony numbers on a ledger and
declared it a balanced budget.

How is it possible to borrow from the Social
Security Trust Fund while the government
projects it is headed for bankruptcy in the year
2012? Though the number of retirees, disabled
Americans and survivors getting Social
Security benefits is expected to grow to 44.8
million in fiscal 1999 from 43.7 in 1997, payroll
taxes collected from workers will continue to
surpass the benefits paid out by the program.
As a result, the Social Security Trust Fund
surplus will increase, at least on paper, to a
projected $835 billion in 1999. The surplus will
not be needed until 2012, after most baby
boomers begin to retire. But all the money
borrowed now must be repaid with interest
before then.

While most Republicans in the House and
Senate are conspicuously quiet on the creative
bookkeeping used in budgets, to one extent or
another, since the Nixon administration, many
are speaking out about other problems they
see in Clinton's spending plan. For instance,
the president proposes a mammoth $55 billion
program to involve the federal government in
hiring new teachers, building local schools and
creating new job training programs, especially
in poor urban areas. Much of the spending,
Clinton says, would be financed by the
government's share of a possible court
settlement with the tobacco industry. But
critics underline the word possible. It is still
total speculation at this point.

And where, others ask, is the money budgeted
for troop deployments in Bosnia and the
Persian Gulf? The president says he wants
troop deployments considered separately as
emergency spending.

It’s time to end the charade, says Gross.
The emperor has no clothes.


Send e-mail to the editor

Go to the exclusives archive
Go to the front page of

Date: Sun Apr 12 1998 10:07
Selby () ID#286230:
robnoel__A The reason we forigners are concerned
about what goes on in American politics....

Another reason is if the US ever gets tired of beating up on itself they may look elsewhere and ......

Date: Sun Apr 12 1998 10:07
Poorboys (Better than Old Gold) ID#224149:
WhisperingLow ---Flower Power –I remember the sixty ---eeeees


Date: Sun Apr 12 1998 10:04
Auric (TED) ID#255151:

Doesn't seem possible you're really leaving for for a while. You have been a voice of sanity and gentle good humor. Best of luck, my friend, to your family. Looking forward to your return in a few months. Happy Easter, and GO GOLD!

Date: Sun Apr 12 1998 10:03
Selby (Why?) ID#286230:
glenn: If you find the time---could you list the reasons you think gold might go up in the near future and those indicating it might go down?

Date: Sun Apr 12 1998 10:00
Poorboys (Running on empty) ID#224149:
RJ –Get back here –Platinum Have 2 K 0z will it break out? Ted the lake is like Silk ---Calm ---What a day to rise from the grave ---20 miles –You the man ---Sony take a hike ---Away to find the Schoolmistress

Date: Sun Apr 12 1998 09:58
WhisperingLow (LET THE GOOD TIMES ROLL!) ID#235378:
Copyright © 1998 WhisperingLow All rights reserved
I was reading our local Cincinnati Business Courier last evening and found a lengthy article advising how clever it is to take out loans and buy stock on margin. People borrow to buy homes. Why not borrow to buy investments in equity, they explain. They even give examples of one conservative schmuck who invested with cash and how he only made 80% profits over a period of years compared to another who borrowed and margined for gains eight times greater.

They then had another lengthy article about successful young investors spending their wealth on $85,000 automobiles and $60,000 Renoir charcoal drawings.

I then was reading the Nikkei Evening News on the web and ran across an article that the Yokahama Commodity Exchange will be offering Flower Futures starting in 1999. ( TULIPS I IMAGINE! )

If you think the Dow is a bargain at 9000 then I have some Tulips... they may be onto a good idea at that.

Date: Sun Apr 12 1998 09:57
STUDIO.R (@robnoel....) ID#288369:
Then we fight for the same cause. I shall be honored to bear arms, march by your side and move smartly to eliminate the Monarch. Believe me. Bless you.

Date: Sun Apr 12 1998 09:53
robnoel__A (Studio R...freedom is a fragile thing,which is why we must be ever vigilant,of the forces out to ) ID#411112:

destroy it....such as Barbara Lee

Date: Sun Apr 12 1998 09:42
STUDIO.R (@Robnoel and Reify......) ID#288369:
robnoel.....I now understand your motive....making sure we complacent Americans vote rightly...and you prompt us to act when an injustice becomes obvious. Thanks for your diligence.

reify....beautiful. My wife has hidden all my guns...and the glasses are starting to pile up!

Date: Sun Apr 12 1998 09:34
IDT (Sorry Ray, gotta call em like I see em) ID#228128:


Date: Sun Apr 12 1998 09:33
IDT (I agree with Glenn and APH in that unless gold breaks over 314-316) ID#228128:
then gold is weak from a technical perspective and subject to a retest of the lows. Unless it clears that area it is not clear that the bear's back has been broken and could go either way.

Date: Sun Apr 12 1998 09:31
Ray () ID#411149:
mapleman- DITTO, DITTO, DITTO ........................
Take THAT AND THAT AND THAT YOU BEARS!

Tally Ho

Date: Sun Apr 12 1998 09:28
mapleman (go) ID#348127:


Date: Sun Apr 12 1998 09:28
Reify (Holiday humor) ID#413109:
Copyright © 1998 Reify/Kitco Inc. All rights reserved
An American, a Canadian, and an Australian were sitting in a seedy bar enjoying a few beers.

The American grabbed his beer, knocked it back in one gulp, then he
threw the glass into the air and shot it with his handgun. As he set
the handgun on the bar, he told the Canadian and the Australian that
in the great U.S. of A, they had so much money they never drank out of the same glass twice.

Next the Australian drank his beer, threw the glass into the air and
shot the glass with the American's gun. As he was setting the gun
back on the bar he proclaimed that in Australia they had so much sand
that glass was cheap and he too neverdrank out of the same glass twice.

Next the Canadian drank his beer, grabbed the gun off the bar, and
shot the American. As he was setting the gun back on the bar, he told
the Australian that in Canada we have so many Americans you never
have to drink with the same one twice.

Date: Sun Apr 12 1998 09:28
Reify (Holiday humor) ID#413109:
Copyright © 1998 Reify/Kitco Inc. All rights reserved
An American, a Canadian, and an Australian were sitting in a seedy bar enjoying a few beers.

The American grabbed his beer, knocked it back in one gulp, then he
threw the glass into the air and shot it with his handgun. As he set
the handgun on the bar, he told the Canadian and the Australian that
in the great U.S. of A, they had so much money they never drank out of the same glass twice.

Next the Australian drank his beer, threw the glass into the air and
shot the glass with the American's gun. As he was setting the gun
back on the bar he proclaimed that in Australia they had so much sand
that glass was cheap and he too neverdrank out of the same glass twice.

Next the Canadian drank his beer, grabbed the gun off the bar, and
shot the American. As he was setting the gun back on the bar, he told
the Australian that in Canada we have so many Americans you never
have to drink with the same one twice.

Date: Sun Apr 12 1998 09:28
robnoel__A (Studio R The reason we forigners are concerned about what goes on in American politics,the ) ID#411112:

constitution and Bill of Rights,were in my opion written for all men seeking freedom from the Monarch.......America is the beacon to all God fearing men of the World,that good always wins over evil.....if Americas light goes out it would be a severe blow to all seekng,life,liberty and freedom from the Monarch

Date: Sun Apr 12 1998 09:26
mapleman (go) ID#348127:


Date: Sun Apr 12 1998 09:05
robnoel__A (RED ALERT,coming up on C-Span,interview with latest RED in congress,wake up out there) ID#411112:
check out story in World NeT daily,Barbara Lee http://www.worldnetdaily.com

Date: Sun Apr 12 1998 09:01
Jeremy (The stone is GOLD) ID#240120:
The stone which the builders rejected will become the corner-stone, Alleluia.



Happy Easter all.

Date: Sun Apr 12 1998 08:56
STUDIO.R (@CJS and the English........) ID#288369:
Congratulations on the peace accord with the Irish. This is a fine Easter present for the world.

Date: Sun Apr 12 1998 08:53
Suspicious (Donald_A ) ID#285121:
I would like to thank Donald_A for his regular post on stastitics and ratios. Appreciated my many I'm sure.

Date: Sun Apr 12 1998 08:47
mapleman (@ GLENN & OTHER GOLD BEARS) ID#348127:
Copyright © 1998 mapleman/Kitco Inc. All rights reserved

How dare you take a shot at AU on this Easter morning. Where is your compasion. Don't you understand how fragile we are. Do you not remember what we have been though the last couple of years. Dear sir we here at this site will accept nothing short of positive comments reguarding AU. Just when we are starting to feel good enough to possibly re-enter society you come along and try and chase us back into our hole. Mr. this GOLDEN BEAR has broken her shackles and is headed up. Please take your negative commentary elsewhere.

PS- Please do stop by to read how wrong you were in a few weeks.

Date: Sun Apr 12 1998 08:41
Suspicious (Happy Easter and a good weekend to Kitcoites ) ID#285121:
Gold is God's money, paper is man's money. Keep the faith.

Date: Sun Apr 12 1998 08:41
STUDIO.R (@Mr. Mick.....I'm being sincere.....) ID#288369:
I wish I knew exactly why Aye! Haggis is so critically concerned with America....he's not an American. Er go, I hope for the prosperity of Japan....but I choose to pass over its problems today because I don't live there and I can only understand slightly what goes on from afar.

Date: Sun Apr 12 1998 08:32
Mr. Mick (Haggis - regarding last nights discussion on the American political system...) ID#345321:
you obviously don't know how it works here. You talk theory, not reality. I don't have time now to discuss it, and it doesn't concern PMs, but suffice it to say that in American politics, appearances are everything, truth is nothing, and people have come to accept corruption in their political system.

Date: Sun Apr 12 1998 08:27
Mr. Mick (God bless all Kitcoites - ) ID#345321:
Happy Easter everyone!

Date: Sun Apr 12 1998 08:19
STUDIO.R (@For his eye is on the sparrow...and I know he watches o'er me......) ID#288369:
I sing because I'm Happy....I sing because I'm Free! Wonderful words of encouragement from an old Baptist hymnal....Happy Easter to All! for...He arose!

Date: Sun Apr 12 1998 08:18
OLD GOLD (GLENN) ID#238295:
This is the same GLENN who was saying get real, get short when POG was below $300. Sad to say this once good forecaster is becoming an excellent contrary indicator.





Date: Sun Apr 12 1998 08:02
Pete (ALL - HAPPY EASTER AND HOLIDAYS) ID#222231:
May God bless us one and all!

Date: Sun Apr 12 1998 07:53
Donald__A (@Spock) ID#26793:
London closed at 310.25/311.25. I guess that means bid/ask?

Date: Sun Apr 12 1998 07:48
Spock (Sorry, HAPPY EASTER!!) ID#210114:
Forgive my tardiness. Best wishes to all at Easter.

Date: Sun Apr 12 1998 07:37
Spock (London POG close) ID#210114:
Who has some definite figures on the POG close in London. Did we breach US$ 310

Date: Sun Apr 12 1998 07:33
Spock (glenn) ID#210114:
Have read your bearish comments. Could you please enlighten us as to your logic.

Date: Sun Apr 12 1998 07:27
Poorboys (Away to the Sail Boat) ID#224149:
Ted ----Something like a s-k-i-p-p-i-n-g record –yes –yes yes –go positive thinking ---- away –Go Platinum Go ----

Date: Sun Apr 12 1998 07:19
Donald__A (Bank of Israel eases forex restrictions effective May 1st.) ID#26793:
http://biz.yahoo.com/finance/980412/israel_for_1.html

Date: Sun Apr 12 1998 07:17
Poorboys (Ted --Oh My --What a great day ) ID#224149:
Mike Sheller –Let the Sun Shine in---Away for serious walking---Ted –Did not pick on anybody ----- getting better ---like the beatles would say ----Good Morning Sunshine ----Away ---

Date: Sun Apr 12 1998 07:15
Donald__A (China insists it is immune to the Asian crisis.) ID#26793:
http://biz.yahoo.com/finance/980412/china_econ_1.html

Date: Sun Apr 12 1998 07:09
Donald__A (Small bank failure in Ecuador) ID#26793:
http://biz.yahoo.com/finance/980411/ecuador_s__1.html

Date: Sun Apr 12 1998 07:08
Ted (Poorboys..............on my way out the door) ID#330175:
Whatta ya mean---I picked-on ROR-WW-lawyer ( lower case always ) --awaaaaaaaay---get off yer ass Willy!

Date: Sun Apr 12 1998 07:06
Ted (Poorboys...with my jaw packed with a chaw 0f GINSENG) ID#330175:
Well,I'll do a THIRTY mile walk then!!!....You can't beat MOI @ this game,eh!!....well,time ta get truckin and strap on me sony WALKman---*go $$$$$$$*

Date: Sun Apr 12 1998 07:05
Poorboys (Whatever ?) ID#224149:
Mike Sheller –Let the Sun Shine in---Away for serious walking---Ted –did not pick on anybody ----- getting better ---like the beatles would say ----Good Morning Sunshine ----Away ---

Date: Sun Apr 12 1998 07:00
Donald__A (@Jimsy : XAU; which way now?) ID#26793:
Responding to your 21:33. I don't know which way it will go on Monday or any other particular day but I feel the trend is up at least until the XAU/Spot Ratio reaches .300, stretching maybe to .307. It has a nice habit of doing that, often continuing a trend into the .320 range before reversing downward.


Date: Sun Apr 12 1998 06:56
Poorboys (Go Plat Whatever ?) ID#224149:
Ted –20 miles today –Bad Boy –Penance to the Piggy—Away to the Walk of hell ----

Date: Sun Apr 12 1998 06:32
Donald__A (@Mike Sheller) ID#26793:
I guess you are not a native. It is properly pronounced Lun-Guyl'nd ( accent on the Guy )

Date: Sun Apr 12 1998 06:28
Ted (The Skeptical Investor from Nova Scotia(the current issue--am I stoopid or what)) ID#330175:
http://www.chebucto.ns.ca/~an388/current.html

Date: Sun Apr 12 1998 06:22
Ted (Skeptical Investor from Nova Scotia) ID#330175:
http://www.chebucto.ns.ca/~an388/mar98.html

Date: Sun Apr 12 1998 05:42
Ted (CAPER(damn this glare) 4/11-22:10 and THE Mayflower Mall & 'the Young-Stuff') ID#330175:
Caper---We used ta call that window shopping----look but don't touch,eh!

Date: Sun Apr 12 1998 05:38
Ted (Mike Sheller---I got WHAT(?) too? in Long Island) ID#330175:
Actually Mike if you look at a map our property on Swans Island faces an island called LONG ISLAND ( pop.34 ) ....

Date: Sun Apr 12 1998 05:35
Ted (Sorry Mike Sheller) ID#330175:
I got carried away with good cheer---I'll put me thinkin-cap on and try & come up with somethin negative ( like ROR is a very 'sick-man'... ) and a LAWYER ta boot~~~~~Sunrise was better before it put the damn glare on my screen!!

Date: Sun Apr 12 1998 05:32
Mike Sheller (TED - C'mon down) ID#347447:
Actually, Ted, you really should be moving to Lung Island. You got yer sea, you got yer sand, you got yer construction jobs. What else you need, fella? ...yeah, you got that too!

Date: Sun Apr 12 1998 05:32
Ted (Tolerant1--------------if I live(?) as long as my father--I've got FOUR) ID#330175:
years left ( and he took better care of himself ) --soooooo,if I outlive YOU---YOU are in deep do-do....What ya doin up so early?

Date: Sun Apr 12 1998 05:30
Mike Sheller (Ted) ID#347447:
Easy big fella. Easy.

Date: Sun Apr 12 1998 05:20
tolerant1 (TED -hmmmmmmmmmmmmmmmmmmmmm) ID#31868:
If I live forever it is my wish that you live longer...


Date: Sun Apr 12 1998 05:14
Ted (@ Cape Breton) ID#330175:
Beautiful pinkish sunrise following a brilliant ( my last here ) Full Moon--this is sick,I must be waxing nostalgic in my 'old-age'--I'll even say ( ONCE,damn it! ) ---HAPPY EASTER~~~~~~~~~~

Date: Sun Apr 12 1998 04:57
tolerant1 (hmmmmmmmmmmmmmmmmmm) ID#31868:
not tech...teach...

Date: Sun Apr 12 1998 04:55
tolerant1 (Sting, hmmmmmm understanding the shape of my heart...) ID#31868:
broken cheeks, bloody noses...and so what, truly I did not endeavor to hurt those kids...clinical violence...guns and stupidity...and now the police...Have a good evening Mr. K................there is no pride in helping the medics put them on the gurney.

I have much to learn, eventually I find the blessings which are the thoughts of kindness others seek to tech me.


Date: Sun Apr 12 1998 04:22
Mike Sheller (Studio R) ID#347447:
In the early 70's when I hung around Puerto Rico and the Latino side of the family a lot, they called the Cuba Libre una mentirita ( a little lie ) . Perhaps by now it has grown into a very beeg one ( muy grande ) .

Date: Sun Apr 12 1998 03:20
2BR02B? (@NJ (Lok at this)) ID#266105:


You from joisey?

Date: Sun Apr 12 1998 01:37
SDRer__A (Please take the time to read through this case--) ID#28593:
Copyright © 1998 SDRer__A/Kitco Inc. All rights reserved
U.S. Supreme Court
TRANS WORLD AIRLINES, INC. v. FRANKLIN MINT CORP., 466 U.S. 243 ( 1984 ) 466 U.S. 243 TRANS WORLD AIRLINES, INC. v. FRANKLIN MINT CORP. ET AL. CERTIORARI TO THE UNITED STATES COURT OF APPEALS FOR THE SECOND CIRCUIT No. 82-1186.
Argued November 30, 1983
Decided April 17, 1984*

Judge Stevens, dissenting:
In settling on a particular figure for a liability limitation, the delegates at Warsaw first had to agree upon a common standard of
value. They did so in unambiguous terms: the standard of value was
gold of a stated fineness. Art. 22 ( 4 ) . The liability limitation
for cargo was set at 250 units of fine gold weighing
65 1/2 milligrams per unit. Arts. 22 ( 2 ) , 22 ( 4 ) .2 The delegates
chose an international standard of value - a standard which would be
the same in Paris as it would be in New York.

The Convention, while using gold as a standard of value, recognized
that all nations did not use it as a medium of exchange.
[466U.S. 243, 266] Therefore, payment in specie was not required or anticipated by the Convention. Rather, the sum of gold set forth
in the Convention could be converted into national currencies in
round figures. Art. 22 ( 4 ) . All that making the conversion would
entail is knowledge of a fact: the amount of that national currency
that would exchange for the specified sum of gold.
http://caselaw.findlaw.com/scripts/getcase.pl?court=US&vol=466&invol=243

Date: Sun Apr 12 1998 00:53
aurophile (time warp) ID#256326:
I love this place in the same way I love science fiction: it's so quirky and quarky. Where else can you find enthusiasts for the War of Southern Slavery & Secession ( WSSS ) and for that great tool of British imperialism, the gold standard, and all in one place? Goldbuggery is a frightful burden, but very entertaining to the unafflicted. Some days I wish I'd never heard of Jerome Smith....Oh well, I guess it's better than being a Communist or a beanie baby collector.

Date: Sun Apr 12 1998 00:44
Haggis__A (Got to go..............) ID#398105:

Hands up those who think a polygon is a dead parrot ?

Date: Sun Apr 12 1998 00:35
Haggis__A (mozel (@6Pak @US Debt @Voting)) ID#398105:
Copyright © 1998 Haggis__A/Kitco Inc. All rights reserved
Mate, Get real............

The US National Debt.....
it's like saying you once lent $10 000 to a mate for plastic surgery, and now you don't recognise him.... he sure does recognises you.....I suppose it's like having a long lost brother from Arkansa......

06/30/1943 136,696,090,329.90
09/30/1991 3,665,303,351,697.03
04/09/1998 5,542,952,825,046.21

WW II did impact on your Debt, but the late 80's and early 90's most certainly were the critical times. The US National Debt is most certainly of its own making, no one else - or perhaps the Europeans have simply out-wited you The current US National Debt is IMPRESSIVE by any standard, did I say GOLD.......

Historical Public Debt Outstanding-Annual

Date Amount
---------- -------------
01/01/1791 75,463,476.52
01/01/1792 77,227,924.66
01/01/1793 80,358,634.04
01/01/1794 78,427,404.77
01/01/1795 80,747,587.39
01/01/1796 83,762,172.07
01/01/1797 82,064,479.33
01/01/1798 79,228,529.12
01/01/1799 78,408,669.77
01/01/1800 82,976,294.35
01/01/1801 83,038,050.80
01/01/1802 80,712,632.25
01/01/1803 77,054,686.40
01/01/1804 86,427,120.88
01/01/1805 82,312,150.50
01/01/1806 75,723,270.66
01/01/1807 69,218,398.64
01/01/1808 65,196,317.97
01/01/1809 57,023,192.09
01/01/1810 53,173,217.52
01/01/1811 48,005,587.76
01/01/1812 45,209,737.90
01/01/1813 55,962,827.57
01/01/1814 81,487,846.24
01/01/1815 99,833,660.15
01/01/1816 127,334,933.74
01/01/1817 123,491,965.16
01/01/1818 103,466,633.83
01/01/1819 95,529,648.28
01/01/1820 91,015,566.15
01/01/1821 89,987,427.66
01/01/1822 93,546,676.98
01/01/1823 90,875,877.28
01/01/1824 90,269,777.77
01/01/1825 83,788,432.71
01/01/1826 81,054,059.99
01/01/1827 73,987,357.20
01/01/1828 67,475,043.87
01/01/1829 58,421,413.67
01/01/1830 48,565,406.50
01/01/1831 39,123,191.68
01/01/1832 24,322,235.18
01/01/1833 7,001,698.83
01/01/1834 4,760,082.08
01/01/1835 33,733.05
01/01/1836 37,513.05
01/01/1837 336,957.83
01/01/1838 3,308,124.07
01/01/1839 10,434,221.14
01/01/1840 3,573,343.82
01/01/1841 5,250,875.54
01/01/1842 13,594,480.73
01/01/1843 20,201,226.27
07/01/1843 32,742,922.00
07/01/1844 23,461,652.50
07/01/1845 15,925,303.0l
07/01/1846 15,550,202.97
07/01/1847 38,826,534.77
07/01/1848 47,044,862.23
07/01/1849 63,061,858.69
07/01/1850 63,452,773.55
07/01/1851 68,304,796.02
07/01/1852 66,199,341.71
07/01/1853 59,803,117.70
07/01/1854 42,242,222.42
07/01/1855 35,586,956.56
07/01/1856 31,972,537.90
07/01/1857 28,699,831.85
07/01/1858 44,911,881.03
07/01/1859 58,496,837.88
07/01/1860 64,842,287.88
07/01/1861 90,580,873.72
07/01/1862 524,176,412.13
07/01/1863 1,119,772,138.63
07/01/1864 1,815,784,370.57
07/01/1865 2,680,647,869.74
07/01/1866 2,773,236,173.69
07/01/1867 2,678,126,103.87
07/01/1868 2,611,687,851.19
07/01/1869 2,588,452,213.94
07/01/1870 2,480,672,427.81
07/01/1871 2,353,211,332.32
07/01/1872 2,253,251,328.78
07/01/1873 2,234,482,993.20
07/01/1874 2,251,690,468.43
07/01/1875 2,232,284,531.95
07/01/1876 2,180,395,067.15
07/01/1877 2,205,301,392.10
07/01/1878 2,256,205,892.53
07/01/1879 2,349,567,482.04
07/01/1880 2,120,415,370.63
07/01/1881 2,069,013,569.58
07/01/1882 1,918,312,994.03
07/01/1883 1,884,171,728.07
07/01/1884 1,830,528,923.57
07/01/1885 1,863,964,873.14
07/01/1886 1,775,063,013.78
07/01/1887 1,657,602,592.63
07/01/1888 1,692,858,984.58
07/01/1889 1,619,052,922.23
07/01/1890 1,552,140,204.73
07/01/1891 1,545,996,591.61
07/01/1892 1,588,464,144.63
07/01/1893 1,545,985,686.13
07/01/1894 1,632,253,636.68
07/01/1895 1,676,120,983.25
07/01/1896 1,769,840,323.40
07/01/1897 1,817,672,665.90
07/01/1898 1,796,531,995.90
07/01/1899 1,991,927,306.92
07/01/1900 2,136,961,091.67
07/01/1901 2,143,326,933.89
07/01/1902 2,158,610,445.89
07/01/1903 2,202,464,781.89
07/01/1904 2,264,003,585.14
07/01/1905 2,274,615,063.84
07/01/1906 2,337,161,839.04
07/01/1907 2,457,188,061.54
07/01/1908 2,626,806,271.54
07/01/1909 2,639,546,241.04
07/01/1910 2,652,665,838.04
07/01/1911 2,765,600,606.69
07/01/1912 2,868,373,874.16
07/01/1913 2,916,204,913.66
07/01/1914 2,912,499,269.16
07/01/1915 3,058,136,873.16
07/01/1916 3,609,244,262.16
07/01/1917 5,717,770,279.52
07/01/1918 14,592,161,414.00
07/01/1919 27,390,970,113.12
07/01/1920 25,952,456,406.16
06/30/1921 23,977,450,552.54
06/30/1922 22,963,381,708.31
06/30/1923 22,349,707,365.36
06/30/1924 21,250,812,989.49
06/30/1925 20,516,193,887.90
06/30/1926 19,643,216,315.19
06/30/1927 18,511,906,931.85
06/30/1928 17,604,293,201.43
06/29/1929 16,931,088,484.10
06/30/1930 16,185,309,831.43
06/30/1931 16,801,281,491.71
06/30/1932 19,487,002,444.13
06/30/1933 22,538,672,560.15
06/30/1934 27,053,141,414.48
06/29/1935 28,700,892,624.53
06/30/1936 33,778,543,493.73
06/30/1937 36,424,613,732.29
06/30/1938 37,164,740,315.45
06/30/1939 40,439,532,411.11
06/29/1940 42,967,531,037.68
06/30/1941 48,961,443,535.71
06/30/1942 72,422,445,116.22
06/30/1943 136,696,090,329.90
06/30/1944 201,003,387,221.13
06/30/1945 258,682,187,409.93
06/28/1946 269,422,099,173.26
06/30/1947 258,286,383,108.67
06/30/1948 252,292,246,512.99
06/30/1949 252,770,359,860.33
06/30/1950 257,357,352,351.04
06/29/1951 255,221,976,814.93
06/30/1952 259,105,178,785.43
06/30/1953 266,071,061,638.57
12/31/1953 275,168,120,129.39
12/31/1954 278,749,814,391.33
12/30/1955 280,768,553,188.96
12/31/1956 276,627,527,996.11
12/31/1957 274,897,784,290.72
12/31/1958 282,922,423,583.87
12/31/1959 290,797,771,717.63
12/30/1960 290,216,815,241.68
12/29/1961 296,168,761,214.92
12/31/1962 303,470,080,489.27
12/31/1963 309,346,845,059.17
12/31/1964 317,940,472,718.38
12/31/1965 320,904,110,042.04
12/30/1966 329,319,249,366.68
12/29/1967 344,663,009,745.18
12/31/1968 358,028,625,002.91
12/31/1969 368,225,581,254.41
12/31/1970 389,158,403,690.26
12/31/1971 424,130,961,959.95
12/29/1972 449,298,066,119.00
12/31/1973 469,898,039,554.70
12/31/1974 492,665,000,000.00 *
12/31/1975 576,649,000,000.00 *
12/31/1976 653,544,000,000.00 *
12/30/1977 718,943,000,000.00 *
12/29/1978 789,207,000,000.00 *
12/31/1979 845,116,000,000.00 *
12/31/1980 930,210,000,000.00 *
12/31/1981 1,028,729,000,000.00 *
12/31/1982 1,197,073,000,000.00 *
12/31/1983 1,410,702,000,000.00 *
12/31/1984 1,662,966,000,000.00 *
12/31/1985 1,945,941,616,459.88
09/30/1986 2,125,302,616,658.42
09/30/1987 2,350,276,890,953.00
09/30/1988 2,602,337,712,041.16
09/29/1989 2,857,430,960,187.32
09/28/1990 3,233,313,451,777.25
09/30/1991 3,665,303,351,697.03
09/30/1992 4,064,620,655,521.66
09/30/1993 4,411,488,883,139.38
09/30/1994 4,692,749,910,013.32
09/29/1995 4,973,982,900,709.39
09/30/1996 5,224,810,939,135.73
09/30/1997 5,413,146,011,397.34
04/09/1998 5,542,952,825,046.21

* Rounded to Millions
Includes legal tender notes, gold and silver certificates, etc. Updated
March 23, 1998

Date: Sun Apr 12 1998 00:32
Haggis__A (mozel (@6Pak @US Debt @Voting)) ID#398105:
Copyright © 1998 Haggis__A/Kitco Inc. All rights reserved

Mate, Get real............

The US National Debt.....

it's like saying you once lent $10 000 to a mate for plastic surgery, and now you don't recognise him.... he sure does recognises you.....I suppose it's like having a long lost brother from Arkansa......

06/30/1943 136,696,090,329.90

09/30/1991 3,665,303,351,697.03

04/09/1998 5,542,952,825,046.21

WW II did impact on your Debt, but the late 80's and early 90's most certainly were the critical times.

The US National Debt is most certainly of its own making, no one else - or perhaps the Europeans have simply out-wited you

The current US National Debt is IMPRESSIVE by any standard, did I say GOLD.......

Historical Public Debt Outstanding-Annual

Date Amount

---------- -------------

01/01/1791 75,463,476.52

01/01/1792 77,227,924.66

01/01/1793 80,35

Date: Sun Apr 12 1998 00:26
Pete (Haggis) ID#222231:
For sure. That's what I'm doing now!

Date: Sun Apr 12 1998 00:13
NJ (Trying a copy and paste) ID#20748:
http://www.ubs.com/market/commod/e_gold.htm

Date: Sun Apr 12 1998 00:11
NJ (Lok at this) ID#20748:
on another page of Andy Smith's employers.

http://www.ubs.com/market/commod/e_gold.htm

Date: Sun Apr 12 1998 00:07
Haggis__A (GOLD and the IMF.........) ID#398105:

http://www.imf.org/external/np/exr/facts/gold.htm

Date: Sun Apr 12 1998 00:04
mozel (@6Pak @US Debt @Voting) ID#153102:
Copyright © 1998 mozel/Kitco Inc. All rights reserved
6Pak I mistyped Bank of England for Bank of United States whose charter was expiring.

US Debt. It would be a great help if the people concerned about US Debt who are members of those nations who dumped their WWI and WWII Debt on the people of the United States of America would take responsibility for it and join in the paying off of it. This would show true concern for the problem.

Voting just encourages them. Actually, the way things are legally, becoming qualified to vote destroys your state's Constitution and the federal as well. But that takes too long to explain.

So few vote now that if America were Bosnia the election wwould not meet demoncratic standards. Discourage voting. Encourage learning what registering to vote really means.
BBMML

Date: Sun Apr 12 1998 00:03
Haggis__A (2BR02B? (for Haggis)...............) ID#398105:

By the way, Vice Versa is not a rude peom.......

Just in case you are from Arkansa.....

Date: Sun Apr 12 1998 00:01
oris (John Disney) ID#239377:
Brother John,

I have no idea about IMF policies in regard to gold.
I believe it's not relevant at this particular period of time.
What is important is the coming birth of a new European currency.
In company with EURO and US$, gold should feel better than just
against US$ only.

Just imagine boxing match between US$ and gold w/o rules, US$ beats
gold below belt, bites gold's ears, verbally abuses gold and...
and finally EURO steps into the ring to serve as an enforcer
of the rules.


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