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ARCHIVED DISCUSSION FROM 9/22/1998
All times are U.S. Mountain Time
jinx44
(9/22/98; 20:58:39
Msg ID:101)
Bimatallism
Sirs, I believe that a bimetallic
currency standard would go farther than Au only. In so much as
the Big Guys-Soros, LBMA, BIS and major owners of in-ground reserves,
can effect pricing moves that will only hurt small people. Wouldn't
Ag+Au give more stability to world currencies? I reference Wm.
Jennings Bryan's "Cross of Gold" speech as a point of
departure on the issue. Thank you
bmacd
(9/22/98; 18:54:48
Msg ID:99)
Aragon III- the Common Man
The common man will likely
perceive whatever is suggested that he perceive re the value of
gold to the Euro. Just as gold is perceived by the public as almost
evil now, when the tide turns in favour of it, then will how it
is perceived by the common man. I think Dines calls it the WolfPack
Theory.
bmacd
(9/22/98; 18:50:59
Msg ID:98)
Aragon III and Friend of Another
Wow, reading you two is great
education! No doubt the price of gold will go up with the Euro.
$6000, as Another thinks, sounds wonderful to me! The thing is,
true the price is cheap right now, in USD, although more expensive
in terms of many other currencies thanks to the high USD.
I'm Canadian, and thanks to the fall of the Northern Peso last
month, my silver actually wasn't so badly priced with exchange,
and saved me from margin calls! However my point is that with
the introduction of the Euro, a huge amount of trade once denominated
in USD, will now be done in terms of the new Euro right. This
has to make commodities more expensive then, as all that trade
in USD disappears. doesn't it? Now depending on whatever the Euro's
exchange is set at, to tie everything in together, commodities
versus Euro vs USD, and the Euro vs the USD, by the time the free
market does settle it all out, the price effect on commodities
could be very large could it not? Have I gone in circles here,
or am I answering my own question, it just seems that I'm missing
a link somewhere.
sarxkill
(9/22/98; 18:11:14
Msg ID:97)
test
test
Friend
of Another (9/22/98;
18:01:45 Msg ID:96)
Aragorn III (9/22/98; 16:13:17 Msg ID:94)
Aragorn, I doubt that the common
man will feel there is gold in the Euro. He will know it but not
fully understand it. The currency confidence factor comes from
a strong positive exchange rate, much like that enjoyed by the
dollar today. The average European will buy from the USA in the
same way that Americans buy bargain goods from other countries.
Using an overvalued dollar makes one feel as their is no inflation,
even though there has been massive dollar currency inflation over
the last twenty years (the real cause of price increases when
the exchange rate is allowed to balance a negative trade deficit).
As for the Euro being a clean, unmanipulated money system? Of
course not! There will be all kinds of problems, but they don't
carry the debt that the dollar does after all these years of reserve
currency status.
The Euro will be the lesser of the two evils. Perhaps by a factor
of five. That is also why many major investors will hold gold
as a proxy for Euros. Not to mention that it will increase in
value a great deal. What exchange rate for gold in Euros? I think
it will be more of a free market type system, but Another thinks
$6,000 in todays dollar buying power. We shall see. Thanks for
the consideration! I wanted to reply to your first posts but lost
them? FOA
Tech
(9/22/98
Sorry about tech problems
Please excuse the tech problems
we have been having. The board has only been up for about 48 hours
and there are still some things to resolve. Keep posting but keep
in mind that there may be some problems at the start. They will
get resolved. Again, my applogies for the problems.
Jeff Marett (the one who put all of this together)
Aragorn
III (9/22/98;
16:13:17 Msg ID:94)
Friend of Another (9/22/98; 15:21:04 Msg ID:92)
Splendid! And of course, the
various European Member Central Banks will want to hold on to
their own gold reserves to the extent that they can, selling little
(and only as necessary) to the European Central Bank when they
find that they are individually in need of additional transactional
gold currency--Euros. Certainly, the exchange rate is better today
for acquiring gold than it will be in days to come.
The question I'm sure that everyone wants answered today is "what
will be the official exchange rate offered for gold by euros?"
That is indeed a well-guarded secret! Perhaps it has yet to be
decided, or perhaps there will be an adjustment period during
the time that the dollar and yen and others come to terms with
this new arrangement, and perhaps offer similar plans for stability.
Ultimately, the system with the most gold can offer the largest
value in outstanding transactional gold currency.
Yet, this question is of little concern to me. Rather, I would
like to know for certain that this system will be adequately disclosed
to all who shall use the euro--including the "little people"--so
that this euro may not be subject to political manipulation, so
that it shall be as money from long past--but with all modern
conveniences for modern transactions. Simply put, "Will the
common man know that 'there is gold in the euro'?"
Friend
of Another (9/22/98;
15:32:46 Msg ID:93)
LOST POSTS?
To All: I was going to reply/debate
some other points but we have lost the prior posts. If anyone
can repost, I will surely copy them first. These things happen!
Thanks for the Forum Michael, it's still a great place!
Friend
of Another (9/22/98;
15:21:04 Msg ID:92)
TO: RAINMAN (9/22/98; 10:19:25 Msg ID:83)
Rainman, We do disagree on
this reserves issue! To make my point I'll start with my most
solid concept and work forward. First, people are the real backing
for any currency/money. It doesn't make any difference if circulated
money is gold or if circulated paper currency is backed by gold
and silver. When no one will use it or accept it, money it is
Not! All the gold and silver in the world could be stamped into
coins and if people are not willing use it, it can't be money.
You have heard this called the confidence factor. Well, I think
a persons confidence in money is built after money is seen working,
not before. We are not born with this confidence, it comes only
if money continues to buy goods and services at a constant price,
over time. People will accept fluctuations in the buying power
of money, but that tolerance has limits. Once currency starts
to fluctuate in it's purchasing power or exchange rate, citizens
begin to require other types of backing for their money in order
to maintain confidence.
This backing, to maintain stability comes in only two forms that
I know of. The currency can be turned in or exchanged for real
items held by the government Treasury as backing (gold?). Or,
the Central Bank can purchase the currency in the open market
using Exchange Reserves as Backing. The obvious, well documented
problem with this comes when the government doesn't have enough
Backing to maintain confidence in the currency. As in the case
of the dollar, they have created more currency unit obligations
than they have Exchange Reserves Backing to defend it with. If
the need arises. I know that you already fully understand how
this works.
My point? Modern digital currencies are today defended in the
open market with Currency Exchange Reserves, not Gold. Most countries
call their gold reserves. But, no country today classifies it's
Gold as Usable Exchange Reserves . The Euro will!
Of the 40 to 50 Billion in reserves that the ECB will hold to
defend the Euro, some 15% will be Gold Bullion. Unlike currency
reserves that will be sold to purchase Euros as defense, gold
reserves will be added by selling Euros to buy gold from the EMCBs.
At present, the dollar has only one competitor for reserve currency
status on the world stage, gold.
The dollar has been made strong in a low gold price.
To compete with the dollar for world reserve recognition, the
ECB will add Euros to the EMCB (European Member Central Banks)
to replace their gold. The EMCB will then be free to purchase
gold on the open market, using no longer needed US dollar reserves.
Remember, the Euro will be the main currency reserve of Europe.
The ECB will not have to sell it's currency dollar reserves as
they are a small token amount for balance. The roaring price of
gold in dollar terms will now make up the lions share of Real
Reserves backing the Euro!
In this context, the ECB will have no problem using the new dollar
gold valuations to cover any dollar commentments of it's overextended
members. Now my friend, you have my view! Perhaps you now understand
why some natural resource countries value gold today at a Far
higher dollar price than currently exists! Thanks
Goldfly
(9/22/98; 13:33:41
Msg ID:90)
Gold Value
Mr. Another, thank you for
your response. Believe me, I don't need to be convinced of the
frailty (flimsiness? fantasy? foolishness?) of the 'Paper House.'
What's astounding is how long it has lasted. Undoubtedly, Russia's
economic meltdown is an example of what can be expected in an
America awash in paper assets and debt. They just started at a
lower point. I am building my position in gold while the cost
is low. I have not followed gold closely until the past several
months. With my question regarding where gold should be priced,
I'm just trying to get a better handle on where we stand in this
situation, hopefully then to have a better view of where we're
going
USAGOLD
(9/22/98; 12:52:00
Msg ID:90)
Back up and running.........
Had an archiving problem. But
things should be OK now. Post at will! Sorry for the inconvenience.
ANOTHER
(9/22/98; 11:15:31
Msg ID:85)
REPOST:
My post to Mr. Aragorn is lost?
Will send again if able.
sniper
(9/22/98; 10:48:04
Msg ID:84)
Password
Can passwords be changed??
RAINMAN
(9/22/98; 10:19:25
Msg ID:83)
@ ANOTHER AND FRIEND OF ANOTHER
I have been following your
posts for a long time and want to congratulate you for the quality
of your thoughts. You have certainly brought in light important
concepts for the GOLD holders/investors community. Of particular
importance , are your insight about the views of oil countries
and their willingness to move from a dollar world to an alternative.
Also , you predict the demise of the dollar as it is obvious to
everybody that a pile of debt can't back the world reserve currency.
You think that the birth of the EURO will precipitate the incredible
shift of currency reserve allocation (for investors and CBs).
The compelling reason for such a shift lies, in your opinion ,in
the fact that the EURO is backed by GOLD. I respectfully disagree.The
EURO is not backed by GOLD. The European CB has currency reserves
to intervene on the currency market if need be . Some of these
reserves are backed by GOLD . These reserves (about 50 bln EURO)
are fairly small in comparison to money supply and there is no
link whatsoever between the money that european citizen will use
and GOLD. The European CBs as well as the US have GOLD in their
vault to some extent. The situation has not changed.
USAGOLD
(9/22/98; 09:43:07
Msg ID:82)
POSTING PROBLEMS...
Seems we're experiencing technical
difficulty. The technical people are looking into it. Starter
Bugs, not millennium bugs.........Try shorter posts and don't
forget to save it because we don't know what's going on here.
Will post when its fixed.
Goldfly
(9/22/98; 09:30:52
Msg ID:81)
Gold Value
Mr. Another, thank you for
your response. Believe me, I don't need to be convinced of the
frailty (flimsiness? fantasy? foolishness?) of the 'Paper House.'
What's astounding is how long it has lasted. Undoubtedly, Russia's
economic meltdown is an example of what can be expected in an
America awash in paper assets and debt. They just started at a
lower point. I am building my position in gold while the cost
is low. I have not followed gold closely until the past several
months. With my question regarding where gold should be priced,
I'm just trying to get a better handle on where we stand in this
situation, hopefully then to have a better view of where we're
going
ANOTHER
(9/22/98; 07:36:39
Msg ID:80)
Goldfly (9/21/98; 21:37:48 Msg ID:77)
Mr. Goldfly, Perhaps your question
will be answered in the future we now approach. However, for today,
if we place ourselves in the land of Russia at the entrance of
the "once most strong bank". What price do you offer
for gold to replace the lost savings account? It would seem that
in the process to return a portion of your wealth, that does represent
a "lifes productive efforts", any price for gold would
be as "the bargain".
I do admit that it is not the good position for ones family to
be in, as others will also bid for this opportunity to gain gold.
Tomorrow, when you and your neighbor use Euros to purchase the
gasoline, a much smaller supply of gold will be divided by the
dollars in existence. Few will concede that gold could be so high,
as at present, "dollars price gold". But few have known
a time when "Gold priced dollars"! Thank You
ANOTHER
(9/22/98; 07:00:04
Msg ID:79)
Aragorn III (9/21/98; 16:07:21 Msg ID:71)
Mr. Aragorn, Your write offers
good thoughts. I also often question why a person would want to
hold the "silver for the little person"? Indeed, the
gold can be divided into very small parts and still it holds the
good value. I think the silver issue comes from the same view
point that gold should not be "up valued" against paper
currencies. It has always been seen that an official reset of
the gold price is "the bad thing". Always, it is "at
all costs do not raise gold price"!
The political Western stand is "Give the citizens silver
and let that price rise, but, keep the gold low and we purchace
it for our well being". It would seem that those of the "democratic
power" want to hold the gold for "insurance" (as
Mr. TYoung rightly does) and never allow it's good effects to
pass to the "little person", as you say. Perhaps we
do still see the "human nature" at work with silver.
Persons are always attracted to the leverage argument in any investment.
Again, the western analysis uses the past dollar performance of
silver to make the point of "it will rise at faster rate
than gold". I think, if the past economic and monetary performance
was to continue, this could be true. However, we come to the end
of this era. The changing of a monetary system for the benefit
of removing "debt load" does also require the changing
of rules for past game!
History will be written as this: "we now know that in times
of major financial change, real gold increases in value and holds
that value far greater than any paper gold derivative" also
" no other form of commodity (silver and platinum included),
even food, was valued as gold". Even in times of past war,
soldiers and citizens were found starving for food, but still,
gold was found in the pockets, not food!
Thank You
Aragorn
III (9/21/98;
16:07:21 Msg ID:71)
Bimetallism, etc.
If we can accept as true that
gold is the ultimate form of money, bimetallism would fall short
of the mark, although much nearer than where we find ourselves
with modern fiat currencies. Bimetallism would eventually fall
victim to Gresham's law--the money with greater intrinsic value
would be hoarded out of circulation. Assuming that a "transactional
tool" exists to subdivide a metal of very great value into
a fashion suitable for all levels of transactions, what would
be the incentive to hold one's wealth with a large quantity of
cheap metal rather than a small quantity of quality metal? Small
gold would stand beside large silver.
Jinx44, in reply to your concern that gold is manipulated by "the
Big Boys", is it not true that more gold is held outside
of Central Banks than within by perhaps a two-to-one margin?
To paraphrase Tolstoy in "War and Peace", it is the
will and actions of people en masse that drive the wheels and
set the direction for a nation. The greater one's rank, the less
control one has over events. Having said that, let me remind you
that gold has been the honest money standard for people longer
than it has not. Fiat money has been a contrivance, by those of
"high rank", that historians will someday marvel at
as an incredible acheivement in worldwide "suspension of
disbelief", or more simply, "fooling all of the people
for some of the time". The will of the many will eventually
overcome the will of the few.
On another note, I question why some individuals indicate a certain
fear or loathing for the day that sees gold priced as never before.
Fear and loathing should be directed toward a monetary unit that
has nothing more than thin air and confidence as its foundation.
To attach a standard physical quantity (of gold) to the future
definition of a term such as "dollar" would, in my view,
restore peace of mind. Any fear and loathing should be directed
toward a government that resists and fails to intelligently respond
to the will of the masses.
Friend
of Another (9/20/98;
22:12:19 Msg ID:54)
ALL:
To some of my friends I say
good day and to others good night. Will return for more discussion
and thoughts. Thanks
Friend
of Another (9/20/98;
22:02:45 Msg ID:53)
BMACD
Before I continue, I want to
thank Mr. Kosares for creating this Forum. This effort by USAGOLD
will reward many readers with interesting discussion and debate
about the future of gold in the world society. Michael, thank
you!
Also:
BMACD: In reply to your 20:48. Hashimoto made the comment, but
what position do we find Mr.Yen in now? I think it was a comment
created by political need at the time. What would happen if Japan
sold (dumped if you will) their US dollar reserves on the world
market and/or brought Gold with the proceeds? Even if the Federal
Reserve purchased some of the debt, it would no doubt drive down
the value of the dollar. But this action would not help their
economy as they still operate worldwide in a dollar reserve system.
The dollar price of gold would rise, but not enough to liquefy
their financial burden. In short, they still have to sell goods
and services to the world, in order to raise their GDP. This will
not happen if the Yen appreciates against all other currencies!
As you can see, this is the box they are in. It is also the predicament
many other countries are in that operate using the dollar as a
reserve currency. For many of them, a rise in the dollar price
of gold will not help them, yet. Gold has not been brought to
the forefront as a true currency reserve asset. It will when the
Euro is created. At that precise time these economies will have
a new market for their goods and they will accept payment in a
new reserve currency.
Until this reality becomes apparent, the world financial system
will continue to slide down the dollar reserve slope. This slide
will create the illusion of a economic deflation, but then isn't
the dollar really an illusion also? Thanks
Friend
of Another (9/20/98;
20:48:44 Msg ID:51)
BMACD:
Here are a couple of items
I read from someone else:
"The China Daily published a special report from the Chinese
state planning commission that outlines a plan to reallocate foreign
reserves ratios away from U.S. dollar holdings. It recommends
reducing U.S. dollars as a percentage of reserves from 60 percent
to 40 percent. This suggests U.S. dollar sales of $28 billion.
The report went on to say that China should prepare for a weaker
U.S. dollar on grounds that the U.S.(as a net debtor) consumption
boom has created a Bubble."
Also:
"CHINA MAY BE FORCED TO TURN RESERVES INTO EUROS: ECONOMIST
BEIJING, Sept 3 ( AFEC/AGENCIES ) - China may be forced to switch
much its enormous foreign currency reserves into the new Euro
if the dollar falls in the future, a leading economist was quoted
as saying Thursday. While there has been widespread speculation
over a devaluation of the Chinese yuan, state development planning
commission economist Wang Jian said China would have to watch
for any fall in the dollar when elaborating its economic policies,
the official China Daily newspaper reported. Wang said the US
economic boom of recent years was a "bubble," caused
by a massive influx of foreign capital, which could burst when
the Euro is introduced on January 1. China has around 140 billion
dollars' worth of reserves, with about 60 percent denominated
in dollars, the China Daily said. It also has around 60 billion
dollars of US treasury bonds. Wang said China would reschedule
its reserves so there was around 40 percent in dollars, 40 percent
in the Euro and 20 percent in Japanese yen. China currently also
has German marks, Swiss francs and yen reserves. The Euro is to
be launched with 11 European members from January 1 next year.
The government has insisted in recent weeks that it does not intend
to devalue the yuan, inspite of the Asian crisis which has undermined
its exports, and that it was ready to use its huge reserves to
maintain the official parity. "
I think the question of the Euro will be answered by the actions
of the official government Central Banks. For a citizen living
in Europe and using the Euro, it will become the best of all worlds.
Not much different from the American using dollars to buy goods
(in discounted real terms) from Japan or any other third world
country. Only, now the shoe will be on the other foot with the
USA trying desperately to sell it's goods to Europe for EUROS.
This will be another strange twist as many/most of Americas foreign
goods producers will, by then have stopped using dollars as reserve
assets.
The outcome of a change in reserve currency is mind numbing. For
the small person outside of Europe, they should "Follow in
the Footsteps" of others. The holding of physical gold can
and will be considered holding a currency asset as will the holding
of Euros. However, the Euro will not come remotely close to the
appreciation of gold as valued against all things. The ECB and
the BIS will make it that way. You sir (or Ms.) will see this
come to pass. Thanks
bmacd
(9/20/98; 20:45:24
Msg ID:50)
To Friend of Another
Well, now thats soemthing I
hadn't quite considered! A couple of points though. Remember a
year ago when Hashimoto made the comment (which he later retracted)
that the US might worry that Japan would start to sell some Treasuries
and perhaps buy gold instead. They sure had made some money from
the bonds. The US dollar would be in trouble if BOJ dumped. I
doubt that they would dump it all for gold, but it may not take
much. Once the US dollar comes down and loses the safe haven label,
I bet on a good rise up in gold. You're right. Joe Citizen could
care less if gold is $1 or $2000 except for what that says. Let's
say all my prayers are answered and gold does rocket way up. Well,
all is not well in the world, and then Joe Citizen has to care
as any of those factors settle home. It is going to be interesting
for sure. Back to Japan for a moment,I don't beleive that they're
really suffering at all now, as the media would like to have us
all believe. I think Robert Rubin is very nervous these days.
It's early, I know, but I'm tired, and seeing as gold hasn't made
it so that I need not work full time yet....so good night, and
I look forward to more discussions on this site.
Friend
of Another (9/20/98;
20:16:24 Msg ID:49)
BMACD:
My last post was to your 18:29.
Also, I somehow double posted? Because not many are here, perhaps
we willtalk for a while. I expect Another will send something
if able. I will reply to your 19:30. Thanks
Friend
of Another (9/20/98;
20:09:53 Msg ID:48)
TO BNACD:
We continue to watch the BOJ
to see if they are selling US Treasury debt. I don't think that
is going to happen. They will buy gold, they will talk a great
deal, but they can't sell US debt held as reserves. Why? From
the beginning Japan has tied it's future to a US dollar world.
They built their economic engine by trading with America using
a dollar surplus mode. From a USA viewpoint, that's a balance
of trade deficit in American dollar currency. It was always a
week Yen (in real terms) that created the demand for goods made
in Japan. The huge balance of payments surplus, held by Japan
in world reserve currency dollars gave them the reserve assets
to grow their economy. As governments manipulated currency exchange
rates (known as the dirty float) for the benefit of an IMF/Dollar
reserve system, this action gave Japan an enormous advantage in
trade and finance. As this has gone on for over twenty five years,
Tokyo could not help but represent a bloated financial system.
Today, they have reached an end that no one ever thought would
come; the dollar reserve system is ending.
As one might expect, Japan having received the largest return
for supporting this system, will now suffer the largest loss.
They simply do not know how to play a different game. The Yen
will one day fall with the dollar. Will the BOJ buy enough gold
through the BIS to offset the complete destruction of their financial
system? They will no doubt try, but I doubt their is enough gold
out there to make a difference. At present valuations, all the
gold held by Central Banks is worth what, 300 billion dollars?
If we doubled or tripled it the amounts would make but a small
speck compared to the loss of the second largest financial system
in the world.
You see, the current supply and demand for gold as a commodity
or weather one CB is buying or selling some of it today is really
a non-event compared to a changing World Financial System. For
the regular citizen, gold priced in the many thousands will have
little effect compared to oil priced at $200 or $400 a barrel!
My friend, we are coming into changing times as never before.
It will be here, on the USAGOLD Forum that we will follow these
events. As Another would say, "We watch this new gold market
together, Yes?"! Be assured, he will post here as soon as
this site is known to be open. Thanks
bmacd
(9/20/98; 19:30:44
Msg ID:47)
Euro
Well, FOA, I like you scenario,
and I myself will perhaps enjoy some fine vintage wine if you're
right. I just wonder how quicly people will dump US dollar to
buy the Euro. While the currencies and countries that make it
up are not new, the Euro itself has yet to even be born. Personally,
a brand new currency might not quite spell total stability to
me. Guess that leaves gold?
Friend
of Another (9/20/98;
19:03:15 Msg ID:43)
The Markets!
To All: It's an interesting
corner that the Euro people (BIS) have put the US government and
the dollar into. As the only reserve currency, the dollar must
fall in value in order to reflate the world economy. But, a week
dollar is exactly what the Treasury doesn't need with the upcoming
Euro. Now, all Europe has to do is wait and watch as the markets
do their dirty work! If the dollar stays strong, the countries
in crisis will sink even lower. In doing so this will create a
US trade deficit never before seen in modern times.
It is no accident that most of the economies in crisis are many
of the chief trading partners of America. It's also no accident
that they all are IMF/Dollar advocates. Meaning, they hold little
Gold and much US treasury debt as local currency reserves. The
US will be forced, by deteriorating market conditions, to lower
the exchange value of the dollar. But, if Greenspan lowers local
interest rates, Europe will begin to dump the dollar. For them,
they don't need the dollar as a reserve currency anymore! They
will hold a small amount of it only as an currency exchange intervention
vehicle.
With this new definition for the dollar it will be required to
carry a good interest rate. They have the Dollar in a trap that
will force the Fed to lower it's value through the foreign exchange
window. All the while pushing interest rates up or holding them
steady to protect this reserve currency.
This isn't a strange twist as it happened once before during the
70's. Only this time a new world reserve currency is coming online,
giving many countries a choice for the first time. I think China
can't wait to unload it's US treasury holdings for the Euro.
I agree with Another's last post (in the archives) about the vintage
wine. Gold is that reserve vintage that many people kept trying
to open before it's time. By the end of the year, the currency
wars will bring this fine wine to completion.
Once it goes above $360 some major defaults will occur, changing
the entire aspect of the market. Add to this the introduction
of the Euro and the old US Dollar gold market will disappear.
Some investors are buying gold for the Y2K problem. I thing the
Currency Wars will destroy the markets long before Y2K does it's
deed!
Also, I am very excited to hear of this USAGOLD FORUM. I think
myself and Another will have much participation with this new
discussion group! It will, no doubt, be followed by many Gold
investors. Who knows, perhaps even a Central Banker or Government
leader? Thanks FOA
bmacd
(9/20/98; 18:29:41
Msg ID:42)
New Week
It's early in the new week,
but Japan is down 276 points, and gold is down a mere nickel.
So much for Japan's new bank fix. Maybe they'll make good on that
sell USA Treasuries, and Buy Gold comment.
USAGOLD
(9/20/98; 15:58:21
Msg ID:39)
WELCOME...........
I want to welcome all fellow
goldmeisters to the USAGOLD FORUM. If you would like to post,
please go to the registration page as soon as possible. I will
be trying to issue passwords what's left of today and tomorrow
as soon as possible to get things rolling. Let's keep it clean,
have some fun, and learn a great deal from each other. I invite
you to make this your headquarters for finding and disseminating
gold information. I will pretty much stay out of the conversation
and let this be your FORUM!. Who knows we may even have a visit
soon from some old friends. Stay tuned, fellow meisters, this
is going to be fun.
Permission to reprint is hereby granted where the USAGOLD name is cited along with our web address, mailing address and phone number. For electronic reproductions, citing the post heading and the http://www.usagold.com/cpmforum/ website address as the source is sufficient.
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Centennial Precious Metals Gold coins & bullion since 1973 Denver, Colorado 80246-0009 We educate first-time investors! |
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