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


To: d:oug who wrote (57923)9/7/2000 2:08:59 AM
From: d:oug  Respond to of 116900
 
GNN's Open Question to Dr. Zeev Held - valence, lost or gained

This may not be a transfer type situation I have,
but more of a question of can 2 negative partitives,
a weaker euro vis-a-vis USA dollar and polls showing
Gore over Bush.

For gold bugs, are these both bad news,
as each represent, or just the opposite
as in these two events will cause a quick
and strong action by those mentioned in a
past article of which I now copy parts of.

In a gata nut shell,
can bad news + bad news = good news

... Germany's leading newspapers,
the Frankfurter Allgemeine Zeitung(FAZ)
ran 2 articles ... featured GATA's allegations.....

... the Bundesbank via the FAZ... that they reviewed
the "Gold Banking Derivative Crisis" document of GATA
and found it to be credible.

The Bundesbank may have accepted the responsibility
for resolving the problem of excessive gold lending
and gold derivatives activities that have negatively
impacted the Euro Area.

... with the BIS and SNB, are now prepared
for a showdown over gold.

... the Anglo-American war on gold is effectively
an attack on the euro as well.

... may mark the sunset of unchallenged dollar dominance
in the world financial system.....

Yesterday, Wednesday Sept 6 the news said the euro fell
against the US dollar, and Gore has a lead over Bush in
most polls.

If a Gore win will keep in power the same folks responsible
for the current low gold price and weak euro, then it might
be panic time for those mentioned in the FAZ article.

It might make them take quick and strong action to turn
the tide and make the economic environment in the USA
position itself so that an "Its the economy ######" hurts
the present in office Clinton/Gore team and votes in Bush.

One might have thought that the gold manipulation forces
would have lessened their attack on an gold rise in price
so as not to push the other side into doing something to
blow the whole Kitchen n KaBootal sky high.

Looks like not. They might be between a rock and hard place.

ok, then great say i

let the sky fall (nasdaq & dow)
let the dam break (watered down US dollars)
let the oil flow be dam'ed causing a damn'ed high price
let the toilet paper gold sheets be exchanged for physical
take no prisoners, show no mercy
lets all get real
no more funny hot paper money with its back side it only backing
no more too cheap gold