Bob, your comments on the Barrick & Newmont debate do indeed incorporate
your neutral position of letting the facts speak for themselves.
Whereas that sounds like a good and a correct way to settle the argument,
it unfortunately is not, and I do not mean this to cast a shadow of
anything ill upon you, as Ken has also been sucked into the trap of
helping that which he is trying to expose as bad or evil.
Turns out that d has taken the most honest and trustworthly position
simply by not trying to prove his point except thru declaring his
continuation of regarding Barrick as a good and sound company thru faith.
My reply mentioned that my analysis of ABX verses NEM was in the same
catagory as the "girls", in that not worth much.
First, by introducing Newmont NEM into the fray automatically nullifies
any chance of Ken to prove his point, as by doing this Ken has to agree
that information exists thru facts obtained as truthful to prove his points.
But thats the issue, that Barrick has conducted behind the scenes in back rooms
in secret the means to conduct business in the gold market in a way that
the final results cannot be traced back to actually what they did.
Take away the by chance introduction of GATA thru Bill Murphy deciding
to standup and shout in a loud voice "something smells in the gold market."
Remove all that has happened because of GATA and the gold market of
today would be night and day different. The same apples and apples, and
oranges and oranges, but price of gold would be $220/oz and getting lower,
and Barrick would be $225 share and going higher as they continue to
buy up bankruptcy after bankruptcy gold mining companies. Yes, even
Newmont at their 22 cents share price comparied to ABX at 225 dollars.
Down the road after Barrick receives the fruit(reward, pay off) of helping
to kill the price of gold thru their hedging, then the price of gold will
be allowed to go to $250 - $290 forever.
As for Barrick, its not done for the shareholders eventhought they will
become wealthy after selling at $225, but it was done soly for the ego
of Barrick's president Mr. Monk to obtain that position of gross'ness needed
by those few persons of extreme ability that choose the evil path rather
that the honest path.
Mr. Monk made a deal with the devil, but as Mr. Monk threw his soul towards
the devil Mr. Bill Murphy of GATA with his "good hands" intercepted the
throw and caught Monk's soul, and promptly did a dance on it.
Bill Murphy, Chairman Gold Anti-Trust Action Committee Inc.
gata.org (GATA)
Doug |
