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Gold/Mining/Energy : Newmont Mining(NEM) & Newmont Gold(NGC) -- Ignore unavailable to you. Want to Upgrade?

To: tshane who wrote (337)	9/3/1999 2:28:00 PM
From: ahhaha	Respond to of 587

The cart pushes the horse? When various interests want to borrow money, the price of money rises because the instantaneous supply is not great enough to satisfy the demand at the current price. The price has to rise to discourage the next increment of demand. That's the price allocation mechanism of free markets which always works well unless the FED intercedes and supplies extra money. The cost of money is never raised to attract borrowers. You don't seem to know an elementary fact and that is the inverse relationship between price and rate. You are reading too many fairy stories invented by clowns on the GPM thread. The gold market and the participation of central banks works in a way completely different from what you've expressed. It is critical to get rid of mindless prejudices which reside within the circle of Gold Bugs and find out how these things actually work. Your reasonings are not built on fact or any understanding of the machines in place. The Gold Bugs have one objective: get the price of gold up. They never participate until the price is ready to fall. They're the worst bagholders in Wall Street and they are notorious for being failures. The companies including NEM are very similar. It's a wonder they survive at all. A quick reading of the agreement between Barramundi and NEM confirms this to all doubters. Barramundi is better off digging the nuggets with shovels than signing that agreement. I guess I forget that mining managers don't do that kind of work. Maybe I'm wrong about the bear being over for gold. Maybe we have to see the CEO's out there digging with their bare hands in order to avoid being sent to debtor's prison before we see the true end. Considering the conspiracies you have cooking in the back of your brain, what does that say about your anger and bitterness? You see evil where there is none. You invent calamity where none can occur. When you're ignorant the usual course is to assume the best. You don't even do that but you do show your true colors which are both yellow and black.