from from from (but) WHERE (or) We best stop this babble
between us on this GPM thread and keep it on your p-apple.
Else, E.C. will nver post here again as he will get stuck in an
never ending loop of reading ours posts over and over wondering
why he was not able to created such works of art :o)
(and)
- a shift in the balance of power a.k.a. he who holds golds...
.
Even Zeev Hed, who holds no physical gold, has expressed
his opinion that Central Banks identified by GATA as being
without their gold reserves either from a selling or situation
that the physical gold has been removed from their vaults,
on loan or lease, and now exist in form that those whom
have the responsibility to return this physical to Central Banks
cannot do so without a buying panic on the open markets.
.
Where has all that physical gold gone is really not important
unless one can prove-up that a GATA type situation existed
these past 5-10-20 years where the Suppy-Demand equation
has resulted in a supply to always in a quick and easy manner
satisfy the demand so that its price remained well under $290.
.
Zeev states that only a small fraction of Central Banks reserves
would have been needed if the just prior asked about situation occured.
If true, then gold's price should have returned under $290 these past
weeks and months based on Central Banks to keep anything of
real value out of the arena where money exist.
.
But lets see, we are told not to worry about a corrupted US dollar
because the fiat currencies of other nations are more corrupted.
Well, yes if true, but no if currencies exist backed by gold,
and if true the price of gold will exceed $10,000.00 an ounce
- just for starters -
doug |
