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Politics : Dutch Central Bank Sale Announcement Imminent? -- Ignore unavailable to you. Want to Upgrade?


To: d:oug who wrote (6569)6/18/1999 11:15:00 PM
From: Hawkmoon  Read Replies (1) | Respond to of 82019
 
But then saying I am two faced is saying either I am a lier or simply switch sides without justification. Well, as we know some cannot follow a discussion that require more than 2 level of scope.

Doug,

Being "two-faced" is essentially a question of your response:

Message 10169936

To Zeev's comment:

Message 10169829

In which he responded to your comment:

Gold was only picked back then before the world economies became very much richer in wealth as today.

It don't have to be gold, it could be any object, even one that does not exist in physical world, but only agreed on thought.


Message 10169709

Doug, I have been saying essentially the same thing for months, here and on the GPM thread. (Nice to know Zeev and I think alike on this issue).

I have NO PROBLEM in forming a standard of exchange such as the SDR (special drawing rights) average of a basket of currencies. But gold just isn't going to cut it when it comes to meeting the demands of global growth.

The more technology improves, the more productive mankind becomes, producing more goods at lower cost. However, if the ability to increase the money supply can't grow in pace with that productivity growth, deflation becomes the result.

More goods are produced than exists money to buy them despite the fact that global demand is in theory very high for these goods. Entire economies are left behind because the continuing "harsh discipline" of gold prevents us from growing as quickly as we have the potential to do.

Everything about money is psychological. Whether it be the discipline of gold, or the discipline of Alan Greenspan hiking interest rates when he sees a threat of inflation, it makes little difference. The markets react the same way.

Regards,

Ron



To: d:oug who wrote (6569)6/19/1999 10:40:00 AM
From: long-gone  Read Replies (1) | Respond to of 82019
 
Yes, you could well view some of Ron's statements as two-faced, a better view might well be seen via a quote from an old song "Swear there ain't no heaven and I'll pray there ain't no hell".
Remember, Ron did say, if he really thought there would be a major rally, he would also buy.

Ron, is it perhaps you have no real view on the subject, no interest other than in the game, the debate, the argument? That you are really the one with no concern for the common man you claim at times, as indicated by the desire to squash the new country of South Africa? No interest in the broad economic health of the markets, as indicated by your desire to let the manipulation continue with-out end?

Is your desire only to argue?

Or, are you one of the great many believers that the next wealth always moves from weak to strong hands, and when you have at last debated the gold and gold stock from what you view to be the "weak hands", you will then be willing to buy?

To date, you have argued for and against the sale of all gold by all governments of the world, for and against the concept that the price of gold is manipulated. You at one moment want the world's governments to shake free of all gold, then when I agree that a free gold market is in the best interest of all concerned, and only "the final correction" will really correct things, you are more than willing to argue the inverse, and attack my motives.

What is your TRUE reason for being here? You can't have it both ways.