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

To: saul mikaliukas who wrote (37328)	7/19/1999 6:30:00 AM
From: d:oug	Respond to of 116769

saul, the answer to the question, Derivatives or Gold, has been answered many many times, as far back in history as you want to go. You can even go back in time before history was recorded, at the time people started to group together for safety and to engage in joint economic activities. All that one has to realize is that the interaction between a large group of people has never changed, that there will always be the most folks in the middle like a bell curve, and at each end a few highly motivated persons that can really get the ball rolling and make things happen. Its just too bad that some of these are not nice and misguided and easy to be con'ed by other gifted people. Gold as a reserve or backing was only done because of the misuse of the paper money by those folks we peg as bad or criminal minded. One can almost say that this gold thing was not even an event that happened at any one time, but it was simply a knowned factor that always existed from the beginning of early history when that always present small in number, but big in effect, of bad folks tried to do their "calling". Todays name for this "rape" of economies are called derivatives, but it the same old story of bad people looking at the landscape and seeing how they can get the upper hand thru other lack of defense or weakness. Good to remember that they will shout to you that its all legal and above board and everyone knows the score, soooo its the survival story of protect youself and be careful and be aware and learned and and and hog wash. They have stacked the deck, payed off the politicians, got laws passed not only to favor them, but to make it easy to get and keep the upper hand and be protected. Protected as in no honor among thiefs, to prevent others from doing to them what they are doing to the others. So much for fair and honest. But if any retired old aged low income or just plain poor person with not much education gets the short end of the stick, the high powered and wealthy and high educated and high IQ derivatives trader will look out and see and ignore. Guess the value of a human being to them has to be calculated using their kind of stuff, and if they ain't got it in terms of education and job and etc, then just the fact that they have a brain and mind and thoughts and awareness....guess thats not enough to make "their" grade. Money and power and exercising IQ in a job. The most interesting and nicest people I have meet, most came from when I traveled "poor" using the bus for local and long distance. what ever Doug