Ron,
I beleive there IS a shortage of gold AND someone/group of people are controlling the price of gold. In fact, if I were to bet on it, it is our own Federal Reserve. In simplistic terms, if the price of gold stays down, then our gov't can back into a claim that inflation is low or non-existent. This will make the politicians look good, who will go for re-elections. It will also curb federal and state spending on 'social-type' entitlements (like the elderly, poor, education, fed'l employees pensions, etc.
GReenspan is behind everything. He is an inflation hawk so intent on
keeping inflation down, he has gone to the extreme of manipulating every facet of our/world economy to stand up and say, "I did it, I killed inflation".
We, the people, have been lied to, giving false impressions, and even manipulated in our every day lives. The next president, whoever
that might be, will fail miserably. Why? because no one can lie to the American people as well as Clinton and his cabinet. No One!
Cheers, |
