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To: Chispas who wrote (96938)1/10/2004 10:52:46 AM
From: Karl Siemens  Respond to of 116760
 
Just after Bush was elected, I talked with a Canadian friend of mine who had moved to a senior position in a high tech job in California. An interesting comment he made that day was that Bush would get the States into a war within 2 years. At the time, that didn't seem likely, but my friend is also somewhat of a student of history. It is remarkable how perceptive he turned out to be.
KS



To: Chispas who wrote (96938)1/10/2004 11:20:09 AM
From: Gabe Heti  Read Replies (2) | Respond to of 116760
 
The Bush team had begun to develop policy on a proposed US approach to the rest of the world back in the mid 1990s. The group called Project for the New American Century (PNAC) outlined and published a new strategic approach to foreign policy in 1997.

Members included Cheney, Rumsfeld and Wolfowitz. They were looking at using American military power to shape the world to meet American interests. Big changes in the Middle East were part of that plan.

newamericancentury.org

The war on Iraq came as no surprise to those who were following PNAC developments or to those who understood that 9/11, WMD and Al Qaida were just a convenient pretext to justify the war to the American public. Clearly the UN and most of the rest of the world did not believe any of it (including Canada, France and Germany).



To: Chispas who wrote (96938)1/11/2004 12:02:57 PM
From: IngotWeTrust  Read Replies (1) | Respond to of 116760
 
Agree, gold momentum's higher on Monday, Tues, Wed, Thurs and Friday, plus more...don't NOT agree that this particular "revelation" will be "the" reason.

PoG doesn't give a rat's tail twitch how long a war or a building boom is in "the planning stage" in order to juice an economy on its hindermost--OURS--inorder to juice WORLD economic climes...
...PoG DOES care how successful the either/or tried and true stimulus business models are in both perception and execution. PoG's rally frankly is a more damning epithet than any other indicator at the moment it could be argued.

Frankly, the "refi and buy buy buy" economic stimulus model had about run its course, (followed by the inevitable tax cuts latex pacifier--
--- war, somewhere, somehow, some kind was the only other option in these classically trained political leaders' quiver.

Don't stretch your credulity by suggesting we bombed Washington/Pennsyslvania and NYC 9/11 as part of a masterplan to juice US economic growth and promote higher gold prices, puleeeeze. THANK YOU!

I don't believe either party's candidate would have been able to resist resorting to the other "economic model" during the current 4 year term in the whitehouse. Gore will always claim otherwise, but Gold would have risen on his watch for other reasons having NOTHING to do with Iraq. We'll never know who he would have "picked on" with Alan's GOLDEN SEAL of approval- good economic housekeeping sticker.

How all this relates to gold? Simply this:

I didn't see much evidence of gold being bot with refi-money, nor did I see the gold carry trade use gold proceeds to buy gold at cheaper levels. Nope, they bought bonds primarily and in the later stages "anything else," after bonds topped out in the 132-ish level several months back.

I AM seeing a lot of gold being bought GLOBALLY large scale and small scale, as the result of shifting to a war economy stimulus model. One would think gold nuts would be shouting their gratitude for this new demand which has translated into higher gold prices, since their whole purpose in buying low and selling higher is to benefit from the appreciation of these yellow rocks.

Conclusion: Matt Drudge isn't a goldnut<grin>

Selah