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To: steve susko who wrote (82955)3/20/2001 5:05:43 PM
From: pater tenebrarum  Respond to of 436258
 
yes, definitely...the lower it goes, the more likely a PoG rally becomes...firstly, the leasing scam becomes less and less profitable, so forward selling is discouraged, and secondly the money supply is expanding at breath-taking rates (which reminds me, i have no idea what that twit Kudl-oh is looking at...he keeps saying money is tight,while all the while it is flowing rather freely...at banana republic speed actually). so the gap between fiat and gold becomes ever bigger, and faster and faster...meaning the amounts of each in existence. the amount of gold in existence rises at only 2,500 tons, or 2% a year... money supply is currently expanding at over ten times that rate.