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Gold/Mining/Energy : Gold Price Monitor

GDXJ 142.09

+5.5%

Jan 22 4:00 PM EST

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To: ahhaha who wrote (33794)	5/13/1999 2:56:00 PM
From: Brad Bolen	Read Replies (1) of 116903

RE: Was Buffitt trying to corner the silver market with his large purchases? Why do you believe it is desirable to corner or monopolize a market? If you succeed at this, to whom will you sell? Economics is a closed universe. There is no infinite horizon to its end game. The result of a corner is the horizon locks you out in infinity, so you end up selling for nothing. This is the problem of the chaos theory of gold. If we had economic chaos, gold approaches priceless and therefore worthless because it wouldn't be exchangeable. ---- Mercy... its all Gleick to me. They sell to people whom must have the product. You must fly, thus the Fed suit against American Air today. Monopolies are by definition manipulation. In the pure world of mathematics your 'theory' may make sense. But as long as people need things, such as food, oil (gold?) there will be manipulation. By your reasoning, I suppose there should be no insider trading laws , the market will take care of those blackards. I still don't see your point. B.

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