George,
Did you catch last year when Zeev and the other men of their company got their picture taken with the magazine article that presented their story as a group of inventors different from most in that they actually create useful products that we the public benefit from when they are placed into the workings of the economy so that investment money creates goods and services in that positive way of making money "work" and generate wealth.
Don't want you to get the wrong impression about Zeev, in that i'm not sure, but he was not identified in that article as that person in the company of these 5 men who functioned as the one most responsible to keep the other 4 in-line and prevent the research and discovery phase to go beyond the point that scientist are all too willing to go just for the science, and to hell with commercial applications.
It may be a flaw in Zeev's character that the other 4 men allow, as Zeev in the picture was the only one wearing a tie. :+)
You mentione the following about Zeev.
None of my SI BookMarks has Zeev as a regular, and I never did PeopleMark anyone, so what Zeev has done lately is probably the same that lead him to be one of the most PeopleMarked persons on Si, which means he is as you say "very good on the stock market." But to give Zeev the "has correctly been a gold perma-bear for years" can not really be anything more than his "The trend is your friend."
In all market matters knowledge, when Zeev sneezes very hard or drink a can of beer or glass of wine, the number of his brain cells wiped out from those events contain more market knowledge stuff that i have completely store in all my brain cells.
ok, but physical gold as a commodity within a market, even as it functioned as such for a zillion yesterdays and today and for most likely tomorrow up to a zillion more tomorrows, yes Zeev is correct to call it that while at the same time Zeev is missing 99.99% the picture of physical gold as it functions within the framwork of Mankind these zillion yesterdays and today.
Someday is possible that i will ask ChucaMarshMello if Zeev without his tie on will tie one on and lose his scientific principles and let his no hair down and let it all hang out and realize that he is that gold bug person after all.
When Zeev says, "... do not understand what is the safety with the yellow one." is very telling because of the word he used, "with" rather than "in", as "with" points to an "in", while an "in" keeps the non identified "it" seperate.
And Zeev thinks he is English challenged. @:O)
(from the Zeev post)
... are still 20,000 tonnes waiting to be dumped on the market every time the price of gold approaches $300 ... simply is a commodity of which we have a huge inventory (about ten years of production). Zeev
Maybe hutch_no_doing will do that walk of his talk.
But then probably not as hutch_talk_no_walk will continue to take and exercise his fifth admendmint so that he will incrimindate himself.
To:Hutch From: George S. Cole Saturday, Feb 3, 2001 Hutch, Time to put up! You say GATA does not understand the factors that influence gold prices. What are those factors in your judgement? Does not Greenspan's statement about CBs offering more gold for lease if the price should rise amount to an implicit committment to bail out the shorts if they ever get into trouble? |