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Gold/Mining/Energy : Gold Price Monitor
GDXJ 97.99+0.3%Nov 11 4:00 PM EST

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To: long-gone who wrote (50746)3/25/2000 9:39:00 PM
From: long-gone  Read Replies (1) of 116753
 
"END GAME"
When I made my first Gold investments it was late 1997 after the POG crash the same year, I believed Gold Producer Equities and I am not speaking of Exploration Only Companies, were a prudent investment.

The DOW was then already at a unrealistic 8000. Producers had been pummelled with 50% to 90% losses of their former value that year alone. Prices appeared absurdly low. In the intervening 2 years, Producers have continued to be relentlessly decimated. Many today, which still exist, have valuations of 1% to 5% of former highs.

The FED?s Actions in the late 90?s were incomprehensible if not criminal. Coupled with orchestrated Central Bank sales. Holders of Gold and Gold Equities have been penalised unmercifully for wanting to hold what was once considered honest money. The pressures and WAR AGAINST GOLD will continue without abatement.

Truth is that Gold is God?s Money or at least the money of those that consider themselves as such and is considered unfit for honest men. Gold is real and cannot be created from nothing like fiat money. This being the case, Gold is a threat to what we now call The New World Order, which isn't new at all. Globalists have been around a long time. Globalists do not like Gold, for that matter they do not like Cash either. Both can be traded with far to much anonymity to be acceptable. Nothing less than a stream of electrons recording every transaction made with full documentation from cradle to grave will be embraced by these tyrants.

Here are a few old sayings.
?Figures don?t lie, but liars do figure.? and
?Give a man enough rope and he will hang himself.?

When the excesses of this generation come due and hard times come, aging self indulgent baby boomers will gladly surrender further personal liberties and freedom. This will not be a accident and is by design. This is what happened in the 1930?s and unfortunately it will happen again.

Josh Wright
goldworld.net
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