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Gold/Mining/Energy : Gold Price Monitor
GDXJ 128.07+0.7%Jan 16 4:00 PM EST

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To: IngotWeTrust who wrote (15931)8/17/1998 12:15:00 AM
From: Lalit Jain  Read Replies (1) of 116892
 
Hi ole 49r,

Thanks for the very well written article. I enjoyed reading it.

Your analysis leads to more questions. Would the 'A's, that have managed to accumulate a sizable amount of physical gold, ever lease the gold out like the banks? If they do, then they really are not trying to corner the market and drive the price higher!

Furthermore, why would not the 'Rothchilds' or any other 'A' let the POG fall so low. After all, if you add up all the gold with all the CBs in the world, it would be valued at only $250B at today's prices. This is a minuscule of the paper money floating around.

The answer may be, as you have correctly indicated: "A's influence B's by the creation of contracts.

I would like to be an 'A', but I do not have the financial muscle to be one.

Thanks again for you valuable insight friend.

Lalit Jain
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