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

To: kirby49 who wrote (67804)	4/18/2001 4:23:51 PM
From: E. Charters	Respond to of 116762

"<The> Selling <of gold> is because of <there being> too many dollars at too high a value." I presume you mean <not to sell> then! But why sell if the dollar is high? You sell gold if the dollar is low. You get lots. The selling is to balance the dollar not to make money. Banks don't need to sell gold to make money. As an asset they make more by keeping it and lending money. The banks encouraged the lending of gold to short it and make some money. This was done to devalue gold and make the dollars look invincible. If they had kept gold and bought more the price would have rose and made the dollar look weak. Every currency sells gold to strengthen itself. Some would think that currencies are strong if they have so much gold backing them. This only signifies that they have not printed too much money by loans. It is not a rule. In this case banks were able to hide the currency devaluation because the money they created by selling gold and T-Bills overseas was ploughed into the <phony> stock market instead of buying goods and services and driving the inflation index sky high. A dollar chasing paper does not initially think it is being stretched as the phony value game halts this perception. Nobody except Greenspan, <and mildly at> that was calling the market as an index of inflation. He dared not use the term. But that is what is was. It is just one dimensional inflation. But the devaluation that follows will be multi dimensional. If there are too many <dollars>, then the intrinsic value <of dollars> is not too high.. it is perhaps toolow? You are right that if you can get lots of high value dollars for your product, now is the time to sell. But to sell a low value product to buy a high value product is not good timing is it? Where can the product's price go? Only down! The selling of gold is because, there are too many dollars, that is correct. It is being sold to offset this problem. Whether the dollars are too high in value or too low is a matter of perception. The classical inflation indexes are not ringing but we are looking in the wrong place. The <excess> dollars are all flowing into the market or were doing so.. so that is where the inflation had registered. This market is now devaluing and with it will follow the dollar. Swaller doller collieflower, kalamazoo, we can spend a holler doller and so kan yu. Squeeze a doller steal a doller, stop me when the doller hollers I need some glue. The CMN is defunct. Long live the CMN. We tried <phony> market ploys. Real diamonds. Real gold. Real software. Real potential. Nobody wanted real. They wanted stock they could sell next month. There was some bad timing. A lack of vision perhaps. A definite lack of money. Sleazy brokers and marketoids get money for bad dreams and poor understanding of paradigms like the internet which has more to do with touch typing and yuppies living in boring cities with boring jobs than e-commerce. Few people realize that Windows98 and windows Me are bad moves that have pissed people off mightily and the software is not doing what it should. (You like IE, Netscrape? You would love a H2S04 enema then?) The gov't is not helping. Too many scare stories about credit card rip offs and 128 bit encryption not being adequate (It probably isn't.) They are not helping at all. A real bunch of assholes. But to top it off no one is looking at the pathetic bandwidth and the Bell stranglehold on DSL and the anemic shitty shitty software and shitty shitty websites written by moron MBA's and C++ software mavens. I will bet they cannot even spell Vance Packard or Marshall McCluhan. Andressien and Microsoft have not figured the web out. Their software is no better than Mosaic 0.5. It gets worse and worse. Netscape 6.0 sucks. It is not being installed. Windows ME is being taken off machines at a teriffic rate. No one in their right mind would buy a SUN. Is it any wonder their stocks are going down? Let me tell you. Windows is dead. All that is needed is to haul out the carcass and burn it before it starts to stink. They do not have a viable product. It does not work. Microsoft will be bankrupt in about 3 to 4 years. Hey! I stopped using windows about 1 year ago when I took W98 rev B off my sick and crashing disk for the last time. I am going to start telling people who ask me for Word doc files to eat shit and grow a personality. Do you see an opportunity here? With 10 million I could make 2 billion easily here. It takes no brains at all. We could start with some software that actually did some things that people might want to do. Better than Microsoft? SUN? What could be worse? And why we are at it lets junk the PC, ISA bus, 13 hardware interrupts and all. Can't build a new one? OK, you are stupider than 100 average technical college grads so lets wait until the Japanese invent a replacement. What drove the direct mail market was rural housewives wanting some life beyond waiting at home. I know one person in Canada how figured that out and made 10 million at it. The gov't killed that. Good one. Throw 100 thousand people out of work. I will vote for you. Don't worry about the internet. It may grow on it own. Just don't expect it to make anyone any money. This I don't see at all. Never did. And I used to make my living on the internet. Even at 10 megabits a second and triple XML and every site indexed relationally to the max.. and browser that could read my scattered brain and the 16384 bit encryption technology with anti key sniffer stuff and a payment schema that I could use with ease on any site.. I would still not bother shopping the net. I have yet to click on a single web banner and If I live to be 165 I can see no reason why I should. I do go to usenet and its free and its straight text and there are some bargains there that I can walk downtown to check out too. EC<:-}