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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?


To: long-gone who wrote (35654)6/22/1999 1:53:00 AM
From: Rarebird  Read Replies (3) | Respond to of 116836
 
Damage Control?

Your certainly right here as you were with the Manipulation before it became explicit.
We all know that " he who owns the Gold ( eventually) Rules." This fact will become devastatingly True in the year 2000.
I agree with Ken that the producers should have formed a Gold Cartel to limit supply like OPEC has done. However, if the POG stays at this level ( for an extended period of time ) or moves lower, the supply will also be drastically limited. It will just provide an even greater buying opportunity. I've been buying all the dips over the last 8 months in a variety of Gold Mining Stocks.
How can one prove manipulation here in a court of law? It's like trying to prove that a worker who you have allowed to enter into your home to do a job has taken some valuables while you were not watching him. You know that the valuables were taken by the worker; for they were there before he entered your home and you realized they were gone right after he left.
We see the tragedy in the mania and we will experience the mania in the tragedy. How bad do you want it to get? An internet outage seems quite possible. So does $1,000 Gold.