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Gold/Mining/Energy : Barrick Gold (ABX)

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To: goldsheet who wrote (2123)	9/26/2000 10:43:24 AM
From: nickel61	of 3558

Slowly like a melting glacier it is becoming obvious that what the trading firms and the big international banks have discovered over the last ten years is that the nature of the computerization of the financial market has allowed them to create at will almost totally unlimited amounts of any commodity or financial instrument they want. So that they are able if their credit is extensive enough to "produce" enough gold, grain, oil, treasury bonds,silver or anything else by writing derivative paper instruments and selling them or buying them in the market place to completely control the concept of a "market price" which the rest of the uninformed participants still are dumb enough to believe has the historic information content of being where real supply and demand meet. The derivative writers then have been given through their ability to have almost unlimited credit the ability to manipulate the spot price of almost all traded items. If the decision is made that the economy needs lower interest rates we will manipulate them lower and gain the cooperation of the other factors in the market by punishing those that don't go along and rewarding those that do. Fortunes can know be easily amassed since we know the direction the market will go in since we are going to force it in that direction. We can buy out the needed politicians and market regulators since the gains are so stupendous that we have almost unlimited money to allow us to contribute to those that will help us and punish those that wish to expose our manipulations. It isn't that complicated and I am not that stupid but it is so colossal that I guess I didn't believe that it was being done. I am just coming to the realization that what gold bugs have been commenting on is really the fulcrum point of the entire financial worlds rigging over the last decade or so? You can enjoy your trading gains only as long as they are congruent with the forces that are controlling the direction of the markets you are participating in. Good luck.

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