Those who read this thread and do not post on it represent the audience I am posting to, not you.
Phheewww, I thought I was going to have to listen to another Bill Murphy clone spout the same rubbish, innuendoes, and crap all over again. And you certainly don't disappoint do you. Are you Bill Murphy? I only ask, because you seem to be doing exactly what he was doing... using SI to propagate the same ideology. {Actually, I insult Bill, he's much more intelligent} Oh, I'm sure some in your audience will suggest that I'm berating the guy, and they are right. He chooses to leave SI because he, like you, can't or won't answer the hard questions. Like:
"How do you value the real price of gold?"
"What is the standard that you use to value the price of gold at any price other then market?"
Many over the years, myself included, have set valuations methods and models that over time accurately predict the price of gold. Yet, he has been consistently wrong. Or at best attempts to take credits for things that he was not involved in. He's stated many a rumour that have not bear fruit. And then we have you acting as a puppet. Tell me; is Bill {and GATA} your puppet master? Pulling the strings from behind the scenes. Are you playing this thread as a newsstand, and attempting to gain notoriety for a cause? Or are you trying to act as a link to GATA to suck up donations for a loosing cause? Personally I believe you post far too much on GATA related information to NOT be directly working on there behave. Supply and demand dictates the price for gold, not conspiracies or cabals.
Hutch
Gold's only hope for the year 2ooo is M2, M3 and the ratios between.
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members.home.net M3/M2
If you look at the M3, you'd have noticed a large build up in reserves. The solution to this is the M2. WE can expect a rapid rise in M2 in early 2ooo. The FRB uses M2 and M3 to control currency and inflation. Inflation is on the downside since less spring. True inflation {not CPI} is still running around 5.25% as measure in monetary excess terms. This suggests a M2 pump, which will deflate the M3 curve. This should result in much higher earnings. But will the M2 is pumped the POG may see a rise to $290 range. But rest assured, if the M2 increases are not compounded, the POG will deteriorate to new multi decades lows. The long term POG is still in a downtrend. I suspect that come Jan 2ooo you will see a concerted effect of currencies transaction by the G7 to lower the yen, and finally bust the trend. This is what CB do, bust trends. The bull market is alive and well. |
