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Gold/Mining/Energy : Wheaton River Minerals (WRM Toronto)

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To: Michael Markham who wrote (266)10/28/2000 3:06:32 PM
From: canuck-l-head  Read Replies (1) of 350
 
Michael: Of course it's a plot. You can be assured that the major banks and governments of the world are in on it. Imagine if they let the price of gold alone - the first while, the price would rise exhorbitantly. Folks like us would be glad to see it rise, and would dump our assets accordingly.

But, you know, the governments have to protect people from themselves, and inevitably, the price of gold would start to fall back as the market became completely flooded.

And that would mean some people would get stung, holding gold stocks that had reached what would amount to a never-to-be-attained-again-in-this-lifetime high. So what?

But, you see, big brother has to protect mental midgets from themselves.

In addition, I suspect that the Vatican, the European Banks and conglomerates around the world that hold a lot of gold are suppressing the price of gold because they want to get rid of their assets slowly. The European Banks agreed in September of 1999, after all, to sell off reserves slowly over 5 years (if I'm not mistaken). As such, they want to manipulate the price of gold for that long because, in the above-mentioned scenario, they would find themselves with too much gold in 4 years' time, worth less than it is now.

www2.marketwatch.com{00125961-C078-4DB9-9275-FD981DA1D4CB}

ca.us.biz.yahoo.com

canuck-l-head
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