[has/is] GATA short[ed/ing]s gold... Richard, why not all True?
Richard,
In a Warren Buffet type world where one places their own cash
into the market place so as to get a return of growth, one does so
with a supply/demand expectation based on an existing market opportunity
or a new market potential based on the needs of folks.
Today's world for investments has very little to do with people transferring
their money into the type of activities that create wealth as a byproduct
of creating services and products that are consumed by people
that increase their life style and well being and health etc.
Rather than Mrs. Jones obtaining seed money to open up a store
in a part of town that lacks this needed type of enterprise by the people,
that money is invested into a commodity like thing called paper currencies
of nations so that like a gamble one buys a nations currency
with another in the hope that rates change to make a win.
Most gambles are a win for the house, and in these cases
the house is not the home of that person putting in the investment.
If GATA obtained through one of their sources that another
of those bash gold events was to be sprung tomorrow
and crash the price of gold, then would that put of $375
today for a most likely $365 tomorrow just be someone
using info to make money and not a statement to go against
of where the price of gold should be based on how they want
gold to function.
Can a cop place a bet in an illegal numbers racket because
during his undercover investigation he learned that a certain
number has already be set to come up tomorrow?
No.
But what if the numbers racket was legal, say state run
like a lottery, and the fix was in?
Still no.
Now what if you think a state's lottery has the net effect of not being
a positive for the state, that if one places the amount obtained by the state
as revenue was less that the cost required to fund those social services
activities caused by folks who gambled their needed money for food
and shelter and medicine and lost it all and required the state to help
them survive.
The people that need a win of money the most are those who do not
have enough to already get by, and thus any money they have taken
away from losing lotto tickets might in the end have to be picked up
by the state in welfare support.
Even those with extra money who get no winning ticket lose since
a state's social programs come from taxes they pay.
Believe it or not, but a state with a lotto accomplishes just the opposite
of what people think. Yes it does generate cash, and your state
government politicians can say that those millions of dollars obtained
by the lotto represent money they can use for schools rather than
obtain it from taxes. Ya, and pigs fly. Since 99.99999% of those
folks that play the lotto lose all their "bets", what difference is it
if your state governemnt takes your dollar bill as a tax or takes it
after given you a piece of worthless paper that has an overhead cost
of 12 cents so that your "tax donation" loses 12% of it value using
this lotto taxing method.
Can GATA short gold to make quick cash on info on a system
that is all legal based on CNBC?
Might GATA short gold without causing those negative events
that will damage world economies and cause shareholders in
mining companies to lose value?
Can GATA do a buy/sell of gold just to make money?
GATA is not selling gold to drive down its price,
but if it knew that the price will drop tomorrow,
then why not make some cash from those activities
that it is fighting to stop and pay the pipper.
doug |
