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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Charles P. Hubbard who wrote (46993)	4/17/2000 2:03:00 PM
From: pater tenebrarum	Read Replies (1) \| Respond to of 99985

Charles, yes i think so. it's a question of perceptions. gold and the dollar have traditionally had an inverse relationship, and the goal of the current fiat money perps is to denigrate and demonetize gold (an impossibility -gold is the only form of money that's nobody else's obligation) in an effort to make the dollar's status as the only viable reserve currency a permanent one. the reason for this is simply that this would allow the statists to print as much of the stuff as they like... so there's clearly a concerted effort to suppress the gold price. you can approach this from two possible angles...either you give in and say they will have their way, or you believe that they will fail. i say they will fail, because every fiat system in history has failed after it got out of control. and the current one clearly has been out of control for a number of years now. i actually believe that Greenspan may secretly be one of the people looking forward to a return to sound money...the excesses resulting from the vast money supply expansion may well lead to a re-assessment of the current system at some point. regards, hb