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Gold/Mining/Energy : Gold Price Monitor

GDXJ 127.15

+0.4%

Jan 15 4:00 PM EST

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To: Alex who wrote (98794)	3/14/2008 3:27:44 PM
From: long-gone	Read Replies (1) of 116857

RE: $1000 and not a peep. Has it become that monotonous? Forget your every prior known or conceived fear! Forget the number of ounces of under water gold derivatives. Forget the number of home loans under water! Do the same with your every concept of dollar,silver,oil,gas,wheat,and overall market derivatives now south. Don't even begin to worry about the number of dollars these bad loans might begin to represent. No one; anywhere can even get their brains around the total number of layers upon layers stacked upon more levels of negative derivative exposure. Until the collective "they" can begin to imagine the levels of bad loans feeding more bad loans to create even more bad loans will the idea of the absolute Hell which their absurd schemes have wrought. Then and only then will become the cure slightly more clear! I'd near bet the total exposure is greater than 5X the total number of ounces minted & refined.Remember that one of three every gold ounces currently in use or in world stores has been refined and reminted more than 4 times! The real question is how long until Greenspan & Bernake(and all living prior) fall upon their own swords????

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