RESERVES, PRESERVES. One is great on toast. I can't believe Thread Mommy has allowed all this specific bashing ABX chatter to take place on HER watch.
DD, the way I read all your defense of your beloved Barrick, and your bashing of everyone who can see what you refuse to see, [i.e., the difference between true hedging and outright speculation] you are just another a retired old fart who was put out to pasture before the gold carry trade was invented. Your envious tirade over the last 3 years or so is so very VERY TIRESOME!
Hell, you can't even nobly suffer in silence like real men of old...you inflict your miserable cuddashuddawudda's on GPM threaders all because "they played Monoply/Hedgebook" without you at the helm in Barrick's accounting department. Bet you still haven't gotten over being replaced with younger, cheaper, smarter help when your predecessor of Barrick was merged/bought out have you???
While it is human nature to defend the system who probably still contributes to your monthly "stipend," your inane yammering is over the top. Give it a rest, you old goat!!!!
NO ONE CARES what you think of the rotten gold carry trade/black box system that passed you by, at "Barrick's predecessor" OR the mutual funds you claim to have managed. Big FAT DEAL!!!
You are the lone defender of the indefensible, and Ken Benes has you by the short hairs.
If you are so cocksure you know it all, please explain some of the "accounting tricks" you employed shuffling reserves back and forth among various categories just to manipulate the bottom line according to the dictates of your "superiors."
Now, THERE you might sound like the expert you pretend to be, but until then...
shut the HELL UP, you creaky, antiquated Quixotic dinosaur.
Don't you have another windmill at which you could tilt???? I understand Banc One could use some of your "tweaky genius" at their delapidated Credit Card division.
Thank God, this 18 year seige of bullshitters in the goldmarket is coming to a long overdue comeuppance. Might check your pockets for some spare gold molars 'cause you're gonna wish you laid some by post 1/1/00
O/49r
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