SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Gold Price Monitor
GDXJ 126.67+0.4%Jan 14 4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Hawkmoon who wrote (26661)1/22/1999 12:50:00 AM
From: Rarebird  Read Replies (2) of 116856
 
< Are people really that uncaring about the consequences of a sharp upsurge. Do you really want to seek major deflation, and then major inflation, whipsaw and destroy the current system? >

Tell me Ron, who brought us to this state of affairs today? Gold bugs? I think not. What comes around goes around! When you perpetuate an outrageous speculative bubble as the Fed has in conjunction with other ECB's and major brokerage firms, you suffer the consequences of your actions. Who has helped bring the global economy to the point of Deflation by leasing gold ( I know there are other factors )? I know how profitable it was do so. Now the Gold Market is a time bomb waiting to explode to the upside with such massive short positions that guys like Hutch have become so desperate that they must resort to scare tactics to get investors and traders to sell! No Way! The handwriting is on the wall. The System will not get destroyed; it will get purified and re-balanced.

< If my lacking the desire to see the world economy and people's lives turned upside down equates to apologizing for the manipulative actions of CB's against gold, I guess I have to plead guilty. >

Yes, you are guilty. Where have you been over the past year as the whole Southeast Asian World Economy and the people who live there have had their lives turned upside down? Deflation has come to Latin America now; it will come to Europe and the Great U.S.A too! Should I feel sorry or compassion for people who can pour their whole life savings into a market that is trading well over 30 times earnings! Let's put all of Social Security into the S@P! The manipulative actions of CB's against Gold is their last stand to keep the BUBBLE ALIVE! You think you can scare a GOLD LONG over Massive Central Bank Selling? You will find out first hand how a whole global economy and system first gets completely destroyed if they do so.

There is no soft landing when a Bubble Begins to Burst. Don't expect cooperation when the powers that be have their policies ( which they shoved down the Gold Mining Industry ) BLOW UP in their own faces.

Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext