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Strategies & Market Trends : Gold - soon to be the new "in" play
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To: d:oug who wrote (4)8/13/1999 10:46:00 AM
From: gregor  Read Replies (2) of 40
 
Dear Doug : Most certainly I will discuss the spiritual ,pragmatically.

I couldn't agree with you more on the aspect that evil men , i. e. to me satans captains , and lieutenants; control the vast stores of gold.

This control has lasted for centuries; but is there not something a little different this time about the possible scenarios for the future price of gold.

We are near the 20 year low for gold. By historic measurers we are way undervalued . The BOE, IMF and many country central banks are unloading vast stores. My logical question is who or what is buying up this gold at these historic low prices? They will be the ones to benefit if there is a price rise of exponential magnitude.

As I once had a college professor state, a depression is when you are out of a job, a recession when your neighbor is. But even in a depression all wealth stays the same. A share of stock is still paper, the asset that it backs is still the same. The purpose of a depression is therefore to redistribute wealth.

If you feel that gold is heading much higher then you are implying that there is going to be a vast redistribution of wealth.

What are your basic assumptions on who benefits and who pays....gregor ?????
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