Rarebird,
Yes, good of you to point out the many ways that GATA Gold Anti-Trust Action Committee has documented these many factors that can make or break a candidate in their quest to become President.
Good of you to agree that the strength or weakness of the economy is the major factor barring another event like a War World III with the USA included.
Just to side step here, if days before the Nov Prez election China invaded Taiwan there would be no way the USA could unleash its non nuclear military might simply because unlike those who think that military part of the us forces that declared itself "not ready" a year ago, and today says "ready" believes that fairy tale, then sorry you is primed to buy Brooklyn Bridge Inc.
Goodness, politics and top brass military men wearing Stars on their shoulders and the gullable usa public. Lets see, what can a General of a base do to change things... YES, and this General got the idea from the gold manipulators. YES, all we have to do is show it existing on PAPER, just like those paper gold derivates created with paper and pen and a big supply of corrupted folks to help make it look like the hardware, the hard stuff, the physical, exists.
Guess what, that not ready military place has only added for a change the order from the Chief ClinSin to his top Generals at that base(s) Direct Orders to bring the stuff up to "ready" in a year and PROVE it by releasing the paper work that says READY in print. ELSE no more Star(s). Get real, the top boss wants to here "alls ok" from those who work just below him, and this one way cycle ripples down until the lowelys at the bottom have no choice but to give the signals to their immediant "supervisors" yes all ok.
A BIG Joke, just like those Firestone Tire top executives telling the public "Safety, Quality Control 100% at all times."
The top boss needs to hear that from those directly under him so that when Oops happens he can say that he has given orders for "Safety, Quality Control 100%" and has been told that it is a Fact. But he knows it is not true and feels that just so long that he can "order" those under him to tell him that lie, that he is clean and free from Sin.
Ya, Right.
Garbage, and to get back on tract, the USA has no ability to engage China in a conventional war simply because the men and equipment are not their in amount, quality and training.
So, let China invade Taiwan and it will take less than 24 hours to have it set in concrete that the USA will not intervene. Period.
At most it would keep ClinSin in the White House an extra 36 hours if the war started Jan 1, 2001 when prez out prez in.
Man, i'm babble'ing so much i forget what the heck this post was initiated for/about.
ok, just paged to top and saw...
Yes, good of you to point out the many ways that GATA Gold Anti-Trust Action Committee has documented these many factors that can make or break a candidate in their quest to become President.
Yes, they have, and the reasons GATA have given out via Bill Murphy via LeMetropoleCafe have become not that of the mainstream public, but of the mainstream gold bug's community, so i will list the best ones.
Note: The LeMetropoleCafe list these plus more, all in great and greater details. The following are already in the publics view at the many gold sites like kitco and gold-eagle, same words or different words, all saying the same things.
- Most ALL commodity prices have been trending higher for a year.
- The commodity most related to gold historically is oil and it has tripled in 18 months
- Some hedged producers are delivering into forwards.
- Gold supply hitting the physical market is reducing.
- Gold mine supply is headed lower as high grading of the mines tops out and capital expenditures sink in similar fashion to what the oil industry went through.
- The paper gold, derivative positions of 3 of the bullion banks GATA has cited for gold market manipulation just happen to have exploded the past year. The notional value of the gold derivatives on the books of JP Morgan has gone from $18 billion to $36.5 billion, those on Deutsche Bank have risen from $15 billion to $50 billion Chase Bank's have gone from $22 billion to $33 billion.
- Bullion dealer apologists say this gold derivative build up is meaningless, yet not one will, or can, explain why the gold derivatives on the books of big players like UBS Warburg have not increased.
- Due to soaring energy demand that includes both oil AND natural gas, we now have the potential for a serious energy crisis this Fall and Winter.
- The Arab/Palestinian Summit was a dud.
- The Democratic Party in the US picked a devout Jewish man as their VP candidate. Hostile Muslims, already disturbed as a result of the Camp David Summit failure and let down, have become even more incensed.
- Lying in the weeds is the no good Saddam Hussein, maybe one of the most heinous men that ever lived. But, Iraq has plenty of oil to supply, or withdraw. That shrewd nut case could do anything and call some financial shots as Iraq will be the oil wild card.
- Saudi Arabia, if anyone, can dictate the oil flow in the short term.
- King Fahd is surely under the most incredible pressure from the conservative, religious Arab world not to submit to the wishes of the West under the present oil demand scenario.
- The one trump card the Arabs have to influence the US regarding Middle East politics is the oil card. President Clinton is a lame duck and may have the US Judiciary after him when he leaves office. Color his wishes and influence as nowheresville.
- BOTTOM LINE:
If the Arabs want to win the day, from their vantage point, it only makes sense to drive the price of oil much higher; defeat the Gore/Lieberman ticket; create an energy price outrage with the American public. The stock market and US consumer confidence will plummet with $40+ oil. So will the US stock market. So will the Democrats.
If Bush wins, the Arabs will have a great deal of leverage.
Meanwhile, Bush and the Republicans could look awfully good if the price of oil collapses from $40 or $50 a barrel to $25 or $30 after they take office.
They could take credit for that. Eh! |