The only bone Gata has to pick is with the Central Banks. And frankly, the CB's hold one third of all the above ground gold, and they have as much right to sell or lease the yellow metal as anyone else. It does no one any good sitting in a vault, taking up space.
Gata is as much a manipulator of the price of gold as anyone else, including Hannibal Lector. The chits trying to raise the price are as bad as those supposedly trying to lower the price. The ironic thing, is that those you condemn for lowering the price, the producers, are just trying to get a set price for the metal over time. They are trying to lock in a price that keeps them viable. Your curse is not aimed at the right foe. How can you deny a producer of gold a set price in the future, and not deny a farmer of wheat, soybeans or beef etc., the same thing.
Gold is a commodity that is different from most,...because the blood sucking parasites that control our lives, the bankers and the political creatins, have control of the most reserves of it. Why are you blaming the poor producers.
Gata is wasting their time going after the producers. They should be suing the central banks,...and frankly the recent decline in the POG may have more to do with several producing companies threatening to sue the central banks of Europe for price manipulation based on the bullchit pronouncements of contained sales and lease rates than anything else. Fact is, the lease rates are below basic world wide interest rates again (have a look), and 4000 tonnes in sales is higher than the average sales of the last 10 years.
The goldbugs pulled the trigger too soon. The damned Central Banks bullchit us all, and aren't doing anything different than they have ever done. I've told you before, to direct your venom at the Central Banks and your political masters. That's where the snakes are. Lease rates below the fiats money bond rates are bullchit. Sue the right party.
kisses, just another hamster. And remember, I told you first. |
