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


To: Secret_Agent_Man who wrote (83896)3/29/2002 12:53:54 AM
From: long-gone  Read Replies (1) | Respond to of 116764
 
<<I'm just figuring things are not as good as the powers that be proclaim to be and my pragmaticisim is what drives me to maintain holdings in the sector... who's gonna fail next, Japan, latin America, and of course the credit bubble/derivative bubble...but of course it's all waay "too big to fail"<ng>>>

Don't you get it? Gold is now going up. The game is ending.



To: Secret_Agent_Man who wrote (83896)3/29/2002 6:30:36 AM
From: IngotWeTrust  Respond to of 116764
 
Doc, let me break this to you gently, okay?

1) One of the TRADE-OFFS in a 'free society' is self-regulation which limits freedom.
2) One of the HALLMARKS of that self-limiting regulation is immunity from nuts -- (yes, even the gatabout nuts.)
3) One of the NECESSITIES of living in a free society, or at least as this socialistic republic's evolving definition of freedom, is removal of as much risk as possible so that massive unmitigated risk is one less thing to individually worry about.
4) One of the OUTCOMES is that those who work in the regulatory capacity are conspirators for our "own collective good" in response to our desires to be individually free and live as low risk as possible.

Case in point:
1) Price of a commodity limits both demand (exercising freedom) and curtails supply (exercising freedom) upon occasion--in fact, CONSTANTLY.

Both Supply siders and Demand siders holler "Foul!!!" when their polar opposite seems to have the upper hand in the pricing function.

2) The immunity from prosecution OR repeal of the "Price-regulates-both-supply-siders-and-demand-siders" law prevents repeal of that basic premise of Econ 101

3) The necessity of living in the free society which demands limiting risk in order to "feel more personally free" is that there ARE either elected or appointed-by-the-elected persons/institutions/overseer panels charged with reducing risk...regardless of the commodity.

4) The outcome of accepting that regulatory/risk-reducing mantle is that to fail to regulate and operate-WITH IMMUNITY--in that mandate of reduced risk produces greater good for most all free peoples, produces much hue and cry ABOUT said immune persons and organizations, yes, even loud cries of foul play, conspiracy, manipulation, etc.

This is true whether we are talking #1 Hard Red Winter Wheat, genetically engineered tomatoes, cloned Dolly sheep, legal use of Morphine...or Gold.

Here's YOUR question, and MY question and Richard's Question and yes, even ole braindamaged Murphy's question:
Would you willingly choose to live where regulation and immunity were NOT hallmarks and trade-offs in exchange for reduced personal and corporate risk, PLUS freedom of movement, PLUS freedom of choice, PLUS freedom of the press, PLUS freedom to practice religion, PLUS presumption of innocence until proven guilty, and unfettered access to the latest in personal computing, HD tv, X-box entertainment and the racey-languaged flick at the Bijou?

If you DO chose to live where regulation and immunity are NOT hallmarks and trade-offs in exchange for reduced risk for you and your loved ones, plus the freedoms listed above and more, then when are you moving your medical practice to Somalia or Tehran or Jakarta and taking your personal gold holdings and portfolio with you?

I certainly can accept a certain amount of regulation and immunity to continue to pursue MY personal freedoms in this great land.

And I'll continue to exercise my freedom of movement to find, obtain legally and recycle gold for extremely low cost --under $20 per troy oz-- in order to use that throughputted bullion as a medium of exchange and finanical security, regardless of what Greenspan and the ESF is doing with "collective" gold for the greater good.

And I'll continue to fight for the logic of immunity for our elected/appointed regulators-overseers because I operate best in a world with at least some societal, financial, moral perameters that enhance MY quality of life.

Selah