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


To: long-gone who wrote (87723)7/9/2002 10:21:12 AM
From: Richnorth  Read Replies (2) | Respond to of 116791
 
They were convinced gold was dying and fiat money will prevail.

Way back in 1999, I read several financial reports from Europe that said gold was doomed, and the catchy "new paradigm" phrase was mouthed mindlessly by so many time and time again around the world.

No wonder they never bothered to plunk at least 1 to 2 % of their money into gold.

Even on this GPM thread, there were many naysayers against gold. And some rejected the notion (or so it seems) that the PoG was manipulated despite the ever growing evidence that said it is so. Apparently some don't really care much as long as they can sell their scavenged gold at a profit.

Now it appears another round of manipulation has begun for the sake of the survival of the Dow and Nasdaq.