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Gold/Mining/Energy : Gold Price Monitor
GDXJ 96.04-1.4%Nov 17 4:00 PM EST

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To: d:oug who wrote (67555)4/12/2001 8:57:27 AM
From: Tom M  Read Replies (1) of 116762
 
On the other, they incite investment banks and other
willing parties to bet against a rise in the prices of gold, oil, base metals,
soft commodities or anything else that might be deemed an indicator of
inherent value. Their objective is to deprive the independent observer of
any reliable benchmark against which to measure the eroding value, not
only of the US dollar, but of all fiat currencies. Equally, their actions seek
to deny the investor the opportunity to hedge against the fragility of the
financial system by switching into a freely traded market for non-financial
assets.


old news for this thread, no?
interesting timing.
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