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Gold/Mining/Energy : Gold Price Monitor

GDXJ 97.99

+0.3%

Nov 11 4:00 PM EST

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To: Jaakko who wrote (5231)	1/15/1998 12:54:00 PM
From: Jaakko	Read Replies (1) of 116753

Derivatives are controlling POG! We need to take DELIVERY of PHYSICAL gold AWAY from the banks who lend out PAPER gold in MULTIPLES against PHYSICAL gold they have on deposit!!!! DON'T ACCEPT PAPER... NO MORE!!!!! TAKE DELIVERY OF ALL GOLD THAT YOU BUY!!!!!!!! The derivative market will soon shrink or vanish and your gold certificates, options and futures contracts MAY NOT BE HONOURED!!!!! If the current financial crisis won't do it then the Y2K Bug will finish it off !!!!!!! WHAT GOOD DOES IT DO TO YOU TO HAVE A PIECE OF PAPER TELLING IT'S GOLD????? When the push comes to shove, all people want to see is the yellow metal in your hand and they will LAUGH at your PAPER certificate telling it's gold!!!!!! The PAPER is NOT EVEN as good as the bank behind it because the bank may have LENT OUT a MULTIPLE amount of PAPER gold against a tiny amount of PHYSICAL gold that it has on deposit!!!!! They can get away with this as long as only a FRACTION of PAPER holders demand DELIVERY of the PHYSICAL GOLD itself!!!! DON't support this kind of banking practice BECAUSE by doing so you are supporting the MANIPULATORS who are CONTROLLING the POG through the derivative/PAPER gold market!!!!!!!!!!!!!!!!!! Besides, how many banks have failed lately and how many are Y2K compliant?????????? Message 3089917 kitcomm.com kitcomm.com

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