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

To: Keith Monahan who wrote (81575)	2/5/2002 8:11:41 PM
From: Ken Benes	Read Replies (1) \| Respond to of 116814

Logic would seem to say yes, however, if the enron collapse helps further the loss of confidence in world markets, an ensuing flight to quality may add legs to the current rally in the pog. This would be a perfect environment for the gold spores in vancouver. Ken

To: Keith Monahan who wrote (81575)	2/6/2002 6:27:15 AM
From: E. Charters	Read Replies (2) \| Respond to of 116814

Wet Blankets, Monahan, Collings, Benes. Sure, like we didn't know about pumpanddump. Doh! It's been caveat emptor on exploration since Tutahnkamen. What's new? Mining promotion schemes that are hopeful are just about as common as the new breed of paper money pushers who slam gold whenever it gains 10 cents. What's in it for you? Do you know what slamming of a commodity does? It makes no sense. It's like saying SALT is bad. We don't need SALT. Or copper is overvalued. Listen, when the price rises it rises. Its a need. All gold slammers are all about is pushing the paper drug, the demagogue's cocaine. Cheap dollars to enslave the masses. Want to know what happens when you prefer paper over commodity indexing of wealth (GOLD)? You get A_R_G_E_N_T_I_N_A. Argentina went to government money printing. 30 banks are owned by the government since the Peronistas and Menem. They tried to CONTROL inflation and then built what they could not pay for with government printing presses out of control. It's ok to bleed hearts about industry needing wealth so paper is necessary but paper kills the poor.Industry needs no more paper than the widgets it can produce/sell. All man's wealth can be represented by one dollar or one trillion. It makes no difference. Except to the dollar. But wealth is the arbiter, not some indexing of production by socialismos. Widgets measure wealth. Gold measures wealth. Paper is easy money. Easy money is a lie. So while we are at it. Where does the money come from that is used to payback the loan from a bank? Where is that interest money created? What loan act or stroke of the pen makes that money? Answer: it is never created. New business must kill off old for loans to be paid back. It is interest that guarantees inflation. Without inflation loans could not be paid back, as new wealth is not accounted for by banks. EC<:-}