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Gold/Mining/Energy : Winspear Resources

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To: Mr Metals who wrote (7681)8/11/1998 12:42:00 PM
From: E. Charters   of 26850
 
Why is gold going down with the market?

This is a lockstep market like the early eighties where normal relative movement of opposing markets did not behave as they should. It could be because Greenspam eggs and ham put a kyboshing % on the yankee paper. When the yankee paper gets wet the metal has to accumulate against it.. its when not if.. It all depends on what you value.. inherency or the scheming of central bankers whose purpose in maintaining value is to maintain it so the interest ends up in their pockets.. Ultimately the work and science of man, which is inherent in refined metal and goods will overcome the valuation of paper..

This money machine in the states has the paper pusher as boss.. it used to be that GM controlled the industrial progress of the USA.. the makers and servers moved the economy.. now the fed holds all the cards, the new industry is fragmented and oppositional to gov't..gov't cannot identify a working partner.. the telcos make no case.. the looming giant MS is an "enemy" .. the new networkers make NO money...

Where will it all end.. is the paper nightmare of the Weirmar republic around the corner..? I see right wing everywhere..

I realize that gov't makes the bed for industry or lie in but here we are at their mercy as never before.. the hiways of commerce will be glass and electrons but will the gov't let it be a growth business or will they allow stodgy and fragmented mush to stifle the medium.. where are the fibre optic modems..? the terabyte backbones..? the "unlimited" access..? Will gov't allow this network to be a business tool or will it be a 9600 baud granola nightmare with a byte bill at the end of the month?

EC<:-}
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