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

To: long-gone who wrote (86306)	6/3/2002 11:49:15 AM
From: marek_wojna	Read Replies (2) \| Respond to of 116943

<<Moreover, he states governments of the world should not hold gold, but had the UK & the Swiss (& the others of the EU which sold in the last 18 months) waited & sold today the price they whould have gotten would have been far greater!>> Instead they've got a pile of printed green paper. Interesting, I checked insider trades of latest gold basher - GS, and in three weeks of May total of over 1 million shares have been dumped by the insiders. Do they know more than we do?

To: long-gone who wrote (86306)	6/3/2002 12:23:18 PM
From: E. Charters	Respond to of 116943

All the no-gold theorists are saying is that a gold comparison-to-worth is not valid. Why? They don't say. Instead they say, "Let's compare the dollar to everything else instead!" In other words, a CPI, or inflation index. So it is in effect the unfair comparison of the dollar to gold they don't like! Surely they don't have anything against gold per se, do they? Well how could they? It would be like saying, "We are not that fond of salt anymore, we think we will use plastic beads instead, yes, they are much more modern!" So whose inflation index? And just how are the figures gathered? And who says how much money to print in comparison? Are these random goods' prices a secure and trustworthy index of inflation? If they are, then why does the Fed tune its rates to stock prices? Should we not include the DOW as an index? And perhaps a cost of energy and goods for industry? And/or use a "Neilsen" index of the average man's costs of living, his savings, and the resale value of his investments? And if it is possible to get a good handle on these figures, where is it written that the government will respect this and stop printing when it gets out of hand? It should be apparent from all this and Roosevelt's fixing of the price of gold in 1934 that the whole issue of controlling gold price, deprecating it, or shunning its part in financial affairs is a smoke and mirrors game to draw attention away from the dollar's real worth. If it is hid behind confusing government statistics, the dollar is safe. The government can lie to its citizens with seasonally adjusted meaningless indexes of how well off they are. It's hooey. Anyone can instantly see that if everyone worldwide wants gold or trades in it, then its price, is what everything else compares to in rupees, pounds or dollars. That is the one universal index. And it is the enemy of the paper empire. That is why they have it in their gunsights. It's John Law rampant. But John's game is doomed to fail. It always has. You cannot fool 4 billion consumers forever. They are the ones who have to spend these shrinking dollars. They know a good thing when the see it. Gold is the easy index. If anyone wants to make something easy hard, stop and think for a while. What's in it for them? And you. EC<:-}

To: long-gone who wrote (86306)	6/3/2002 12:53:04 PM
From: Ahda	Read Replies (2) \| Respond to of 116943

From a theoretical point he is right as gold is solid paper is not one can in supposition infinitely create growth. However when that infinite growth potential reaches future to the point where the company is apt to be passe before the price value is seen you have reached the point when the dollar plus continued dollar flow means longer to create value. This increases the potential of passe and possibly little value as all this occurs with surplus dollar flows that are creating inflation.