<< This coordinated effort between the central banks, the investment bankers, and the producers is a cozy arrangement that is profitable for everyone except those who believe gold is a store of wealth. >>
The manipulation of POG and U.S. stock markets are supposedly on the agenda for the Bilderberger meetings which are just finishing up. I think that the facts clearly point to manipulation in both areas. The "plunge protection team" has prevented several near crashes over the last couple years, only perhaps to save the market for an even bigger fall.
Two observations regarding POG:
1) When the IMF rushed into Asia to "bail out the countries", they collected huge amounts of gold from the citizens of at least one country. Clearly a maneuver to take gold out of the hands of the populous. (They demanded it. That's what happened.)
2) With Y2K approaching and the demand for gold and silver coins skyrocketing (for valid or invalid reasons, your pick), Clinton's war buddy Blair announces plans to sell off half of England's gold reserves. The XAU, just staring to soar, was cut off at the knees (as was I). Very convenient. Reminiscent of IBM (and T?) announcing huge stock buy-back plans to turn the market on a dime in the midst of the crash of Oct 97. Such announcements do not occur suddenly. This was apparently waiting in the wings until needed.
My conclusion is that while many are turning to gold as a safe haven for the turbulent future that is rapidly approaching, the "powers that be" are apparently pulling strings to make gold speculation "profitable for everyone except those who believe gold is a store of wealth". It looks to me like "they" want to convince the populous that gold is no longer a store of value in order to dupe the people into giving their gold back to the governments. If the gold bugs continue to be wrong, why should anyone own gold? The logical conclusion is to sell it. After all, they tell us that Y2K won't be bad anyway. If we had anything to worry about, gold would be over $400 per ounce now, right?
"Gold has no value. Gold has no future. Gold doesn't store wealth like it used to. You don't want to own any gold." (they tell us.)
Sounds like Tom Sawyer grew up and became a Rochefeller.
I heard it said that in Russia, even the past is uncertain. I thought that was very funny until I saw U.S. history changing before my very eyes. The Constitution is not what it used to be. Thomas Jefferson said that anyone willing to give up freedom for security deserves neither. I fear that in the coming years, Americans will give up their freedom in exchange for security which will be quickly fleeting. The Bill of Rights is already being shredded and I needn't comment on the Balance of Powers.
Pray for America, buy gold, and prepare for some turbulent years ahead.
All that being said, who is to say that they can't drive gold down to $200 ??? The puppeteer seems most adept at making the marienette sing whatever tune he wants!
Best wishes to us all -- HB
P.S. This may sound like a conspiracy theory, but just remember: all theories are not wrong! |
