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

To: Bill Murphy who wrote (36871)	7/8/1999 10:23:00 PM
From: Lucretius	Read Replies (1) \| Respond to of 116753

nice piece, Bill.

To: Bill Murphy who wrote (36871)	7/8/1999 10:28:00 PM
From: Alan Whirlwind	Read Replies (2) \| Respond to of 116753

Thanks for the info Bill. Silver is looking stronger than one might expect. I too see it at $6 an oz soon. That's only 75¢ more so let's do it ;) --Al

To: Bill Murphy who wrote (36871)	7/9/1999 5:14:00 AM
From: Zardoz	Read Replies (4) \| Respond to of 116753

In the days of OLDE, When the knights were BOLD, A kingdom was ruled by POWER. In the day of NEW, What one sees is not TRUE, The world is ruled from a twin TOWER. -> The power of MIGHT, Is the power of LIGHT, And knowledge is the KEY. Money is CREDIT, Treasuries are DEBIT, Now listen here to ME. -> Flexiable assets can GROW, As money hence does FLOW, In an endless stream around the GLOBE. But when they STOP, Them markets will DROP, But CB have used their frontal LOBE. -> Monetary growth is the SOLUTION, That mitigates the inflation POLLUTION, And create a stable ECONOMY. Hard assets are a LIES, As with gold; EURO TRIES, But still show no AUTONOMY. -> Gold has no GROWTH, And their is it's TROTH, And as such must LAG. As assets CLIMB, I'll invest my DIME, And let someone else hold the NAG. -> When central banks makes LOANS, GATA thus makes GROANS, And reality is put ASUNDER. But truth be TOLD, That if you really like GOLD, Then now is the time to PLUNDER! -> But your reason are UNSOUND, As only a noise you ABOUND, I ask, "Are you even a BUYER?" Or do you play this GAME, That GATA loves to place BLAME, You sound like you're a town CRYER! -> So stand up an be COUNTED, For even gold rallies can be MOUNTED, And declare you positions PLEASE. OR is it all TALK, And you don't do the WALK, And have been playing us all a TEASE. +++++++++++++++++++++++++++++++++++++++++++++++++ USA has around 260M Oz.... The monetary ASSETS of M2/M3 have climbed. The Economy has climbed. Growth abounds. Gold has only kept pace buy loosing it value. Greenspan and gang adjust M2 to control growth. Gold suffers from lack of growth. If M2 = 4,528.7 Billion 260M Oz @ $260 := 67.6 Billion US Hard assets total 67.6/4528.7 * 100% = 1.492% USA might as well PART with all remaining gold holdings as it's obvious to me, that at 1.5% they aren't holding enough to waste the time storing it.

To: Bill Murphy who wrote (36871)	7/9/1999 6:13:00 AM
From: Bobby Yellin	Read Replies (1) \| Respond to of 116753

thanks for sharing Bill.. I wonder if you could get in touch with Crossfire on CNN.. I was listening to Capital Gang this weekend and one of the fellows mentioned on outrage of the week that to allow bankers which compose the federal reserve to set the rules is an outrage and another mentioned that it is an outrage that now that poorer people have only started to benefit from the economic recovery..Greenspan is raising rates which increases all their interest rate payments.. too bad he didn't add what has created so much of the current wealth in the states..and how many middle class people who aren't in the stock market are working more hours than they ever had..and how many kids are suffering from not seeing their parents or having parents who are too emotionally and physically exhausted to be there also re gold sales of BOE..interesting that it was oversubscribed yet the price of sale wasn't raised..but of course if I had a lot of something and told the market I was going to sell more and more, I think I would wait for a better price if I were the buyer..also is there any way of finding out the trading of the BOE..they had to know that they would devalue their currency..weird if they bought puts before they announced their policy or bought puts on gold futures etc.. anyways what goes around comes around keep up the utterly fantastic work.. you really are trying to help a lot of the poor harding working people in developing countries.. I am so glad S.A. is speaking up bigtime..too bad some of their representatives don't get on some prime time talk shows.... ps I wonder how many US citizens are now buying big purchases for fear of increasing rising interest rates..I don't know how economists factor that in for the group of the economy..it would seem it could artificially inflate certain statistics