SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Precious and Base Metal Investing

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: russwinter who started this subject9/4/2003 2:59:26 AM
From: Proud Deplorable   of 39344
 
Wed Sep 3, 2003
Erratum
Author: Jim Sinclair

I reported earlier that the BIS had bad-mouthed gold today. However, when I browsed for the article and found it,I learned it was not the BIS.

It was probably the least market and business savvy group on the planet - the World Bank.

Have you ever visited the World Bank? This is the domicile of all homeless but well-connected PhD's in the world.

These are the same people who sold the world on the US Dollar Standard. These are also the people who could not even do simple arithmetic when they demanded pluralist elections in Burundi and Rwanda.

That demand was the cause of a genocide that followed the unseating of the minority party which controlled the army. Simple arithmetic - which the World Bank forgot to do - could have indicated a war would follow.

These non-business, non-market people have egos the size of the world for no reason whatsoever. They have screwed up everything they have done. So their bad mouthing of gold is in all probability the most bullish thing I have heard in years.

Post this on the gold chat boards because it has been misreported by others as the BIS which is a step up from the World Bank - but not by much.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext