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

To: E. Charters who wrote (67781)	4/18/2001 11:44:05 AM
From: kirby49	Read Replies (1) \| Respond to of 116762

Eric: <Think about it. Why, if the banker feels gold has no value must he sell it so passionately to devalue it amongst like minded people? It it had no value all his gold would be worthless so he could not sell it. He would be bereft. He cannot believe that only he knows it is worthless. Surely he would be dishonest to sell worthless gold to an unsuspecting rube? So in his passionate selling and divestment of it as an arbiter, he admits that it has dangerous value in comparions to his overstocked commodity, the dollar. He is selling it to make his dollar look good. So gold selling is because of having too many dollars. Now we know.> The banker knows the only way to profit is to sell and if a good banker will change what he sells when perceived value has changed. He will then sell his devaluing dollars for the dangerously rising value of gold. Nimble bankers will profit, others will fail. Thanks for the essay, I found it to be a reminder that selling is everything and that gold bought low, being bought and to be bought must all have an exit strategy. <Now we know.> Should it not be that gold selling is because of too many dollars of too high value? Many dollars of less value is therefore buy signal for gold? In checking your profile and wandering for some time through Windows glass into the transparent world of Linux, I failed to find an update for the link to the Canadian Mining Newsletter. Just another miner gone high-tech? Keep on foot solidly on the ground, and let it be shiny and yellow. Regards Bob