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Gold/Mining/Energy : KITCO - Gold discussion
GLD 393.24+1.1%Dec 11 4:00 PM EST

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To: moonshoot who wrote (388)5/1/2008 5:54:42 PM
From: siempre33  Read Replies (1) of 989
 
"Whosoever controls the volume of money in any country is absolute master of all industry and commerce...and when you realize that the entire system is very easily controlled, one way or another, by a few powerful men at the top, you will not be told how periods of inflation and depression originate." …

James Abram Garfield (19 November 1831 - 19 September 1881) was the 20th President of the United States (1881), and the second U.S. President to be assassinated. Within weeks of releasing this statement President Garfield was assassinated, after only six months and fifteen days in office.

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So much for the island reversal and silver being washed out. Nothing matters when it comes to General Paulson’s agenda. He did not get to be top dog at Goldman Sachs for nothing.

By what we are seeing this morning, The General must have thrown a temper tantrum after gold soared and the DOW reversed course to the downside following the Fed announcement yesterday.

It’s the counterintuitive thing again. In free markets gold would have followed through to the upside following its $16 burst in the Access Market. The DOW would have been called a good deal lower following its late collapse. Not so. Gold gave up all of its opening gains in the pre-market calls and the DOW was called 30 higher.

Clearly Paulson sent instructions to his hit men in London to smash gold when they arrived at work, which they did at the usual 3 AM time, basis New York.
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