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

To: Ironyman who wrote (93697)	2/23/2003 12:37:09 AM
From: d:oug	Read Replies (1) \| Respond to of 116790

"... the gold is gone." (or) Naked Shorts versus Wildcat's image of Truth & Honestly versus Whine Before Wildcat's Time :o) . But seriously as we all have noted, physical gold's role & use is 99.99% to Have & Hold, and only .01% is lost into outer space with various nations space programs and the United States IRS computers that were made 20 years ago and still in use waiting for the new ones. . But i'am unclear on the impact of Central Banks having sold or leased the people's gold, as "so what" in that the various governments are the voice & wishes of the populace, and bottom line is that whatever the government leaders do, they were all elected by the people, and any mistakes or bad business decisions must finally be taken as Pain & Suffering by the majority of the populace that allowed activity of the people they elected, under for example the United States where its an open & free society with freedom of press and the ability of its citizens to Look & Question their government activity in the open. . Guess its time for the American people to get a taste of Tough Love, signed sealed and delivered to themselves by themselves via the people they elected to federal service to serve & protect. . As Hutch has told us many times, its a Zero Sum Game. or Winners & Losers is the current Reality today. but Maybe the day after tomorror after the American people get a taste of their own cook'n Tough Love they will realize that the responsibility of Fairness and Law & Order is theirs to monitor, and if not, then they get back what they put into the system, a.k.a. corruption etc etc etc . "... the gold is gone." or it has just be moved and "unbacked paper" may or may not drive the price of gold up but just result in bankruptcies and lost investments to holders . To me the price of gold is more tied to the gold-as-money activity, and just maybe Fed Alan Greenspan will finally become what i spoke that he may have always been planning to do these last 10 years, and that is wait until the fiat system does a crash & burn so that he can bring out into the open his old gold views. doug