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

To: Thomas F. O'Connor who wrote (41827)	10/1/1999 7:48:00 PM
From: TD	Respond to of 116756

Thomas, let me start by stating that this is opinion only and therefore not worth much unless you value "my" opinion. Remember the old golden rule, "He who owns the gold makes the rules!" Well, when CB and mining companies owned the gold they made some "interesting rules" 1. Gold leasing 2. Off book transactions ( Who knows how much or to whom) 3. Media attention giving us financial advise that gold is dead, (remember the god is dead of the 1960's ? However, precious metals are called precious for a reason... If/When the people own the gold then guess what we make the rules.. Like hey buddy send me my gold NOW!!! Do not know if you have read any of Another's post on any of the other gold orientied sites but his point is one I agree with, there is so much paper gold and so little physical gold to cover that the real owners will end up with something very "precious" td

To: Thomas F. O'Connor who wrote (41827)	10/1/1999 7:56:00 PM
From: IngotWeTrust	Read Replies (1) \| Respond to of 116756

You ask a fair question, Thomas. The simplistic answer is this: History records there is NO instance where artifical manipulation of any commodity under the various definitions of PRICE CONTROL have amply demonstrated LONG-TERM effectiveness over supply and demand law of Economics 101. Whereas it looks as if CB's have been in charge of "supply" by this particular gold-leasing scheme dreamed up by those incharge of getting B-WCA implemented and the 2nd of the reserve currencies launched, the EMU, the CB's, regardless of their being Fed Reserve CB or ECB or Deutschebank CB have been able to dampen gold demand by those who either benefit from: 1) fabrication premiums 2) desire to have hard currency on hand just in case... Therefore, supply demand laws will reassert, just like a submerged beachball held forceably under the swimming pool's water surface will re-emerge. Supply and Demand fundamentals will take charge once again and the CB's, try as they may, cannot stop it. The CB's have tried it with printed money...and failed miserably. They have tried it with floating currency baskets...and failed miserably. They have tried it with gold...and are about to re-learn Econ 101 lessons again! Stay tuned later this weekend as I reveal Henry's historical posts re: gold leasing and other historical utterances re: gold by the likes of Jude W, the well known Economics teacher. I just love to dig around in my hard-drive for gem utterances re: from the past regarding the GOLD MARKETPLACE. Might make for interesting reading. Thanks for writing.

To: Thomas F. O'Connor who wrote (41827)	10/1/1999 9:29:00 PM
From: goldsnow	Read Replies (1) \| Respond to of 116756

There is no "benig" explanation for CB's action....concern for collapse of African economies (already decimated) with South Africa on the brink of possible unrest, Serious row with Washington over so called "Strong Dollar"-read "Weak Euro", or concern about China buying all Gold....or Swiss pulling a rug under Euro....does not matter none of the above is good for US $....the war was declared at the most opportune moment with USA asleep and paralysed by upcoming elections...Richard Harmon's of the USA would tear apart any candidate that would propose to decimate mining industry as IMF Gold selling fiasco vividly demonstrated....Hutch alluded that not only European CB"s hold Gold IMO that is even worse for bears....stronger case for POG to explode..