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


To: Richnorth who wrote (83352)3/17/2002 8:29:29 AM
From: d:oug  Read Replies (1) | Respond to of 116762
 
Richnorth,

Since i am a gata-nut i have to agree with your
"I think GATA is making a smart move."
for the article
...GATA gone Communist and anti-American?
groups.yahoo.com
... translating its Internet site into Chinese,
GATA makes no appeal to the government of China...[.end]
but
with a big BUT
Gata Bill's medicine for an ill'ed USA mainstream media
may be a version of that "the cure is worst than the disease...
as in if the Chinese people learn that the price of gold is low,
and will go much higher while the value of a US dollar goes lower,
and this while the USA and other nations like England have their
politicial leaders selling off the peoples gold as fast as possible
for as little as possile price wise, then golly those few hundred
that rule China just might declare a national week of everyone
to do the right thing to make China strong and healthy while
at the same time in the same act, weaken all those nations
that include some in western Europe along with the USA.

Golly if that happened then Russia would have to play catch-up.

Now we all know that an "everyone rushing all at once towards
a small place to exchange US dollars for physical gold" will rock
that apple cart and spill them beans and make a mess and cause
that explosion to $2,500.00 ounce gold, so i guess it depends
on them who have been already buying that cheap physical gold
these past few years to pick up the buying rate and except an
exasperation in the folks already buying, and any Chinese and
Russian folks to hurry up and get while the gettings good and cheap.

Makes me think that a lot more physical gold buying has happened
in the quiet under the table these past few years so that the people's
gold, especially the USA's, has been unloaded in great quanity
to satisfy a great demand without having the price increase.
Kind of makes a mockery of the ### ####### types that tell us
that there has to be a much greater supply than demand. Ya sure,
but not if corruption or great evil manipulation is present as the
USA Powers that Have Been & Now Be have felt between that
rock & hard place to keep the US dollar where it has been only
if they accept Black-Mail in selling the nations physical gold
at the cheap under the table so its price will not rise and cause
the US dollar to appear weak. Guess them USA political folks
will do anything to keep in power and get re-elected, and if it means
that "Its the economy stupid." then they will cook the books
like Anderson did with Enron, so that the USA will travel the
same route Enron did while it was a great company, and now
that the physical gold is almost gone after years of massive
selling it in the quiet cheap, well the ### #######(s) might
learn a lesson here in that if you do not challenge those in power
and accept their talk while they never walk it, then game over you lose.

Sure glad in a sad way that i have no children to leave into this mess.

ak