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


To: goldsheet who wrote (77506)9/26/2001 1:57:33 PM
From: long-gone  Read Replies (1) | Respond to of 116912
 
How Bob, HOW? do the IDIOTS that write the indices listen to us?
Yes, PD should be out of the XAU! YEs, We said that for over a year now! YES YES YES, but to whom do we write? What is the name of the worthless slime prick that muddied our gold index so we might have him crucified?



To: goldsheet who wrote (77506)9/26/2001 2:25:45 PM
From: long-gone  Read Replies (1) | Respond to of 116912
 
<<The XAU is a lousy index made even worse by adding Phelps Dodge in July 2000.
It has dropped from $40ish to $27 in that period - the XAU would be over 60 without PD.>>

Yes, the whole frickin system is corrupted beyond all words! Remember when Standard & Poors lowered the credit rating of all miners which wouldn't open a large enough hedge book yet all know excessive selling reduces price of the commodity? Keep gold stocks from moving - just put in a ringer to destroy (or at least greatly limit) the most widely tracked gold & silver index. Further reduce all possible + movement - easy - simply limit gold mutual funds being offered in the workplace or make them so shitty & or better yet assure they have only "paper gold" in a bullion portfolio! Then the most Outrageous Example - Make it synonymous of patriotism to buy "blue chip" common stocks while floating a story (without supporting government source) that gold may have been bought prior to the 9-11 crime by the terrorists thus attempting to taint gold as a terrorist tool.

These are the examples of gold manipulation, & yet, damn-it, these have not been addressed by GATA, the SEC, or the CFTC.



To: goldsheet who wrote (77506)9/26/2001 5:19:11 PM
From: John Graybill  Respond to of 116912
 
Nah, not yet, shhh!

When the Gold Bubble has gone as far as it can go on fundamentals (in a couple of years, at $20,000/oz :-)) and we need some pure smoke and mirrors to keep it going, then they can follow the example of the S&P 500 -- get rid of old stinky PD, replace it with some gimmicky gold stock instead. Abra cadabra, the XAU keeps going up, people stay hooked, and we have another six months to unload at the highs.