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

To: Zardoz who wrote (86593)	6/7/2002 9:38:01 AM
From: E. Charters	Read Replies (1) \| Respond to of 116834

So you believe in paper money empires? I would say all free floating currencies, which I would argue they can never really be, have a semi-ballistic trajectory. That you can read about, if you read history. Even if you did not understand squat about economics, if you could read the history of China, England and France, and pay attention to what happened to their societies when they started printing paper money, you would not blither on about governments' rights to determine money supplies by fiat. Do I have an answer as to what they should do? No. And neither do you or Greenspan. The problem has not been adequately solved by the best minds of our generation. Keynes was prejudiced and he spawned a whole generation of knee-jerk liberal ecomists who only saw part of the problem and misinterpreted his thoughts on the solutions to boom-bust economies. Gold as as tool to determine the worth of the currency is a good one. It is either that or depend on government statistics. Neither is a complete independent of the other. You are supporting a position of divesting gold. You do not have adequate reason. It is cant. Face one fact. A thing can be valuated in terms of what people will pay for it in a free market. A promissory note, which is what all stocks, bonds, currency and creditory account entries are, cannot be valuated for its truth, or dependability by contrast. The thing, or product, or commodity cannot, even as an entry, inflate. That is why banks never paid interest on gold deposits. Only the note can inflate. The "thing" has constant value. The note decays in value over time. Why is that? It is partly so that bankers can make money on that which they create, i.e. notes of credit, whereas that which they cannot, which are things, commodities or products, are devalued. It was not always so. Bankers used to pay interest on deposits of land, jewelry, silver, and gold. Monetary systems have evolved into political tools which are used as a means of controlling economies. They have become ends in themselves. The great things of value in this world have received scant attention from the monetary systems. People's intellect is not valuatable by banks. Land is scorned by banks, as is gold, and other properties. They laugh at companies' receivables, they value only the associations of their monetary cronies. In this manner the people who run businesses by production cannot control their businesses. They are controlled by people who shuffle paper, like the Robber Barons, lawyers, funds, and greenmail artists. These are the people that you represent. Paper thieves. EC<:-}

To: Zardoz who wrote (86593)	6/7/2002 10:08:05 AM
From: long-gone	Respond to of 116834

So you figure the broad market will drop enough today on high enough volume to get the much spoken of final wash out or at least one which they can declare? The DOW is only 30 companies, the S&P says & shows so much more & seems so many companies are run by absolute crooks it has few chances of doing much better.

To: Zardoz who wrote (86593)	6/7/2002 3:24:39 PM
From: goldsheet	Read Replies (1) \| Respond to of 116834

RE: GOLD should not be held in Central Banks A point we have always agreed on. Sometime I'm pro-gold, sometimes I'm anti-gold, but I am always free-gold. Release all central bank reserves !

To: Zardoz who wrote (86593)	6/8/2002 1:29:42 AM
From: d:oug	Read Replies (4) \| Respond to of 116834

Posting privileges denied for E. Charters (or) . Put back the News in Gold Price Monitor. . Hutch, . Imagine again the people who have heard of a Golden Bull and arrive at this "the" place on Silicon Investor for the gold story, and left with that taste obtained, never again to sample whats here. . Now imagine you, o49r and with luck that ron reece/reese if he is still an si member, to gather and tell of the inners of physical gold. Is it a cheap hotdog, or made up like a cheap hotdog? People want to know. They turned off this GPM thread, but have the GPM News thread bookmarked, waiting hoping wanting and needing the gold story, the whole gold story, and nothing but the gold story. . As i mentioned many times, for the GPM News thread, the GATA and Gata Bill stuff remains here, and without that i am a parrot without a voice. . Frosting on the cake, no wallpapering by longone. . SI: StockTalk: Market Trends and Strategies : Gold Price Monitor News Subject 52437 Price of Gold - Is it money or a safe haven? . Posting privileges for following are denied. Eclectus long-gone Graystone E. Charters Bill Murphy davemarkun . No spam'n the Gata Bill Cafe, or sell'n GATA memorabilia. . Do not seek advice or give advice on individual stocks, but if you need a list of symbols for precious metal investing along with analysis, the following thread is where its at. Precious and Base Metal Investing: Started By: russwinter Subject 51846 . Note: A new thread has just been started and currently contains the type of information you may have arrived here seeking, so please check out the following. Subject 52921 SI: StockTalk: Gold, Mining, and Natural Resources .A to Z Junior Mining Research Site (moderated subject) Started By: 4figureau Date: May 16, 2002