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


To: John Paquet who wrote (49163)2/16/2000 9:20:00 PM
From: d:oug  Read Replies (2) | Respond to of 116753
 
LONDON, Feb 16 (Reuters)
Ghanaian mining group Ashanti Goldfields Co Ltd was saved from collapse.....
... reaching a deal with ... shareholders ... bankers ... government.....

John, one way to get answeres is to ask questions.

One way to obtain questions is to create "what if" situations.

Of interest to me is the bank connection, which I believe is Goldman Sacks.

What if Goldman Sacks saw two possible outcomes, as

(1) Ashanti agrees to obtain physical gold for the hedges.
(2) Goldman Sacks agrees to cough up financial help.

Both of the above a lost for Goldman Sacks.
- obtaining non paper gold, physical gold, drives up price of gold
- financial help is a sending good money after bad money

So, both suck, but which sucks less for Goldman Sacks ?

Seems like a sharp rise in price of gold not only will hurt what they
have hidden in the shadows, but also others that they are involved with
in a collection of criminals activity interacting with each other.

At all cost the lid must be keep on the price of gold, and in the spirit of
"they were told ... in a way they could not refuse."

The only problem for Goldman Sacks is that they cannot fulfill what they
have signed up to do, and later this deal will fall apart. But today and
tomorrow they have keep at bay, the Grim Reaper Man.

Could be bad news for GATA & gold bugs,
as now "they" have their backs against the wall,
between rock & hard place,
no place to run,
no place to hide,
so, one last "play" they must try,
caution to the wind,
they might just pull it off and win,
crash the price of gold under US$250
and keep it there,
or they may fail,
but they will take innocents along with them.

(of topic)

Some want to "In the name of Good, Fair, Honestly, etc."
put into place the mentioned above,
with the thought delivered "How can you not want this?"

So might you wonder how that person can deliver the last message to you,
using the method of intimidation, as in "If you are against Good, then ..."

Accept their message and method, and you will accept they control,
and live under what they, as in laws passed, what is good and bad.

<<... and have no axe to grind.>>

Pass a law making it unlawful to grind/sharpen your axe
and the result will be
that only the unlawful will have a sharp axe.

up above
its a bird
its a plane
its a falling pigeon turd
nooooooooooooooooooooooooo
itsssssssssssssssssssssssss
Wonder Birddddddddddddddddd
(new name)
Wonder Turddddddddddddddddd

doug