Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Robert Dirks who wrote (41732)	10/1/1999 8:06:00 AM
From: long-gone	Read Replies (2) \| Respond to of 116798

A local place said they would have trouble suppling a one tonne sale if they needed, and coins were rushing off the shelves.

To: Robert Dirks who wrote (41732)	10/1/1999 9:10:00 AM
From: Tunica Albuginea	Respond to of 116798

Robert Dirks, " Everybody " is conspiring to keep POG dow. This is because the foundation of ALL Goverments in the 20 th century has been social engineering through redistribution of income. This was achieved in 3 ways: 1] Overtly through forced taxation 2]Covertly, by disengaging Gold from the Dollar in 1973 3]deficit spending The result? A giant amount of debt that is financed though continuous printing of more paper money<?B>. It is now clear to those that ( of us , <VBG> ) who still have two neurons to rub togethet that the gig is up. Asia has seen how hard they were hit by devalued moneys ( as their Governments simply copied the West's inflationary and deficit spending ideas ). So now all of Asia will start hoarding gold, because they know this is the only way to guard their savings from Goverment devaluation. The Europeans are onto this too: They have lived through numerous devluations and know the defvastation it brings. This is why I think CBE has freed gold in spite of US Bankers and media pressure to not to. TA Message #41732 from Robert Dirks at Oct 1 1999 8:01AM The "Media" has been nailed hard by this unexpected announcement by the ECB and the Gold rally. I think payback time is near, where these "price targets" by anal - ists will be broken, shattered, and otherwise humiliated. The various elements are all lined up such as rediculous short positions (they are still there), Broken hedge funds, Y2K, overvalued stocks, ECB position and the fact that Joe Public has as much Gold in his possession as the ring on his finger. IMO, All these facts will conspire to create a breakout this year to surprising levels. As I said before, I think we are headed to $400. + . Imagine the shorts never even expected a modest $15. rally. How about a $150. rally over a few months? There are and will be many casualties on the short side.