"... was busy manipulating my website. <grin>"
Bob,
In that unparallel universe i sometimes visit,
(Note: Not one of those many parallel ones
to this one where events are synchronized
until the flap of a butterflys wings in Japan
causes a ripple of events to conclude years
later in the usa to knock off sync the mirror
image and cause forever different these once
upon a time equal universes to forever change
in greater and greater ways. Note: I'm still inside
this Note and would like to note a quite amazing
parallel universe of ours that just broke away from
ours recently about ten years ago. There was not
a butterfly ripple effect there, but a change in the
composition of dirt in a place where o49err called
her new Home Gold Home location. Yup, unlike
the path this universe taken, o49err there found
only fools gold there. Now before you feel sorry
for that o49err please redirect it to another parallel
universe where the o49err dirt contained not the
kind of here where its too small to see, but in a way
to say her dirt did not "hold" gold because the gold
there was like nuggets the size of nuts and only needed
to hold a handfull of dirt under a tap of flowing water to
wash away the dirt leaving pure gold chunks in her hands.
Now why feel sorry for her is easy to explain since the
Howe/GATA lawsuit put the usa into a corner of a hard
place with a big rock boxing them in, sooooo yup the
usa outlawed citizens holding physical gold and using
the old laws all gold was required to be sold to usa at the
price of $19.95 ounce.
Question: Are we still in that Note?
Note: Rather than i scroll up to try and figure that out
lets ignore all above and start over.
ok? Great.
Bob,
Your "...read the entire Sennholz essay..."
Yes i agree "Lots of good stuff..."
But lets focus on the following.
... bullion banks
... borrowed large quantities of gold from various central banks
... risky and potentially ruinous if the price of gold should soar
ok,
but Bob i also read the whole thing
and did not need that pop pop fizz fizz AlkeSelver after
but your comments i must say do not fit mine
as to your conclusions
which i guess if they did
you would need a pop pop fizz fizz.
"The article does not indicate the actions
of the bullion banks are either good or bad,
but just points out the inherent risks of such transactions."
ok,
to me the whole thing,
as in a single message this man tried to deliver
is contained in 2 parts, as
part 1 - a stable and safe fiat currency needs a gold standard
part 2 - the "world's" physical gold supply is now at risk
At risk in the sense that today's fiat money & credit supply
of the usa and other nations that have created too too much
paper money and make-up credit out of thin air without the
safety & protection of a gold standard is now in 2001 ready
to blow-up and crash & crush & destroy wealth held in the
form of paper(s), and the only way back to health is to redo
the money creation process using a gold standard, but where
the central banks held that physical "quietly & safety" in their
big vaults, its now "loaned/lent/borrowed" physically out and
is not available for a return under todays paper gold trail and
derivates rocket science difficult to understand and simply
made into jewerly or hidden gold bars by the last buyer.
So now, it can not all/most be returned,
but the price of gold will explode to a zillion dollars ounce
and under good normal sane conditions a gold standard
is a very difficult thing to implemint physicall & mentally
for the politicans, under todays conditions probablly impossible.
To me this is the risk this man talks about,
and it already is here, already happened,
our fiat money is a house of cards
a strong ill wind is blowing down Wall Street
and Main Street, USA.
The risk is not having an economic collapse,
as thats a given now,
but that a way out to health is at risk,
the physical gold needed by central banks to control fiat money
is now at risk and getting risk'ie'er.
... bullion banks
... borrowed large quantities of gold from various central banks
... risky and potentially ruinous if the price of gold should soar
WARNING - Only gold bugs over age of 21 allowed to view.
www3.telus.net
doug |
