Greg, I look at the price of gold as an indicator to tell me if the stock I own in a gold mine was a good investment or not. Most likely there are
a lot of investors reading this thread that wish to only obtain information
on where the price of gold is going, with a time factor included.
To use Ron Reese's input as correct, I can conclude that the slant given
by GATA is completely off the mark. I think Ron has somewhat even
accepted as true some of what GATA has suggested as happening,
but rather than it being a thing of wrong doing by corrupt and stupid
people, I think Ron states that these events are simple a system that
was once small and simple and local, and now its big and complex with
all countries pushing and pulling for their own survival with eveyone at
time moveing for and against each other. If so, then Ron's view is just
an evolution from one stable state to another, with instability in between.
If Ron's explaination is correct, then what GATA is observing is not a big
manipulation and collusion of the Central Banks, IMF and gold miners
and sellers, but just a transition period of things in flux with events not
being controlled so much by people, but by the prior events exercising
forces that dictate how things will happen, even at times against the
wishes of people and agencies.
To me if this is true, then one with a pro GATA slant can very easy see
these events as proof to support a GATA movement and predict a pop of
the bubbles and price of gold to rocket up.
But if Ron is correct, that a pop of bubbles and even crashes of economies
might just be the next step needed to get to the next phase in the
changing simple system to a workable complex one. And price of gold
will go and stay lower, as it will become a community and not a reserve
as governements sell it for the money.
doug |
