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Gold/Mining/Energy : Gold Price Monitor
GDXJ 99.85+6.2%Nov 24 4:00 PM EST

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To: PaulM who wrote (36982)7/11/1999 8:46:00 AM
From: Rarebird  Read Replies (2) of 116764
 
If that audit ever comes to pass, Alex, it will be quite revealing and bullish for gold: Just Where is the Gold? The games Central Banks and Hedge funds Play to maintain the greatest bubble in history.
Just when almost everyone thinks that Gold has lost its value as a hedge to preserve wealth, it will sky rocket. It will happen so quickly it will be scary. I can envision the Asian, European and Latino countries throwing most of their money into the US$ at the beginning of the Y2K crisis, which would not be Bullish for Gold initially. But that would be their biggest mistake as the US$ then tanks. Y2K will also hit the US and impact it severely. An International Currency Crisis will develop. Their will be nothing but hard assets to preserve wealth.
Our Y2K Preparations are almost complete: We have food and water for 6 months and the means to protect for our survival against those who have done nothing and are living in denial.
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