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Gold/Mining/Energy : Gold Price Monitor
GDXJ 98.04+0.4%Nov 11 4:00 PM EST
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To: Bobby Yellin who wrote (14415)7/12/1998 9:56:00 PM
From: long-gone  Read Replies (2) of 116753
 
Bobby,
IMHO, this trader you know is doing something that is an old media trick: You say anything often enough it has a better chance of being true.
A lot having to do with this market is and has been only hype.
1) fix the numbers to where no one knows how many people are really working.
2) fix belief that gold is forever in the future worthless.
3) manipulate basic commodity prices and value of the US dollar to the point even the Federal Reserve is fooled.
4) state there is no stock market bubble
5) get the media, wall street & a very few in CB's of banks Europe
to agree to the ruse
6) plant idea that "It is different this time".
7) "Leak" information each time there is even a $5 spike in POG
8) keep saying the same things over & over again.
9) even those not in on the scam will know about it "nod nod wink wink"
But, everything must come to an end.
The laws of basic economic cycles and gravity have not been repealed.
Your great short term trader must wonder while he is telling you this, if this is the end, and what his actions will be if it is.
Have you wondered why if gold is such a bad investment, why is there any demand for members of the XAU?
Why has gold not gone down to $45-55?
We know the truth, While "they" are saying sell "they" are buying!
Go rent Wag the Dog. I just did.
rh

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