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Gold/Mining/Energy : Gold and Silver Mining Stocks

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To: russwinter who wrote (3267)8/15/2002 4:50:24 PM
From: long-gone   of 4051
 
<<I'm not talking about hedges (and contangos)right now, that is old news. I'm talking about the practice of CBs taking gold out of their vaults and loaning (leasing) it to less than AAA credits (JPM for instance) for 0.25%. >>

It must be nothing less than (illegal, immoral, & unconstitutional) social engineering; liberally sprinkled with massive corruption, kick-backs, and bribes. Those who have suffered can only rub their hands with glee in contemplation of the precipitous level of decline facing these institutions & most severe retribution & punishment facing the players...
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