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To: Horgad who wrote (356486)	2/5/2008 5:01:45 PM
From: Box-By-The-Riviera™	Read Replies (2) \| Respond to of 436258

that's the problem with posting the words of outsiders. its hard to know just what it is they mean <g>

To: Horgad who wrote (356486)	2/5/2008 5:04:28 PM
From: Secret_Agent_Man	Respond to of 436258

It is beyond ludicrous, but that’s the way it is … the heroin addict thing by the US Government. They have been rigging, distorting, propping up markets for so long now they don’t know what else to do. Great philosophy … if something is leading to a catastrophe, keep doing it until the ship goes down. Months ago MIDAS noted that the Titanic hit the iceberg. Voila, the coming horror show is apparent to all now except for the Lawrence "Goldilocks" Kudlows of the world … Mr. Love Free Markets. Speaking of Kudlow, he was forever saying how lowering interest rates would stimulate the US economy, which would produce DOLLAR STRENGTH. Boy was he ever wrong … on that and so many other counts, including his notion of "free US markets." Instead of letting our former free markets work properly and go through the necessary adjustment process, The Gold Cartel, PPT, ESF and Counterparty Risk Management Group will continue to interfere in the markets to do what they can to get that ‘Everything is fine" feeling out there as much as possible. Keep the music playing is their mantra. The problem is, in the end, these continued misguided efforts will end very badly. They are now. Just caught CNBC again. The commentator said the ECB might not cut rates, which might hurt their economy … that is why the dollar was so strong today against the euro. What, are you kidding me? They are fighting inflation, while the US caves in sniveling fashion, and that is dollar bullish? Quelle joke! To boot, our economy IS tanking, not “might tank.” This kind of market analysis, without getting into the intervention aspects of what is actually occurring, is one of the main reasons we are in this mess … which brings me back to our GATA ad again: "The objective of this manipulation is to conceal the mismanagement of the U. S. dollar so that it might retain its function as the world’s reserve currency. But to suppress the price of gold is to disable the barometer of the international financial system so that all markets may be manipulated. This manipulation has been a cause of the CATOSTROPHIC excesses that now threaten the whole world." I put the emphasis on catastrophic because that is the most likely scenario for what lies ahead. After its early beating, gold rallied back to right under $900 (the dollar had not budged), when Paulson’s henchmen bombed it again, taking it down to its lows. Once again, it could not have been more blatant. They did their dirty in a 15 minute period going into the close. Just got word from a very knowledgeable gold guy, that ONE trader walked onto the Comex trading pit floor and bombed the market down. Word on the floor was that it was a central bank. This Gold Cartel bunch is SO desperate. The gold open interest dropped 10,577 contracts to 493,513. Thus giving us a net drop of only 5,000 contracts the past two days … not much for such a drubbing. Silver was under pressure all session long. The silver open interest fell 1697 contracts to 184,183. But, there is no inflation …. Check out this March wheat chart: futures.tradingcharts.com ALL the various kinds of wheat went LIMIT UP TODAY. Minneapolis wheat was $14.63 cents per bushel BID … YIKES! The dollar rose .75 to 76.11. The euro fell 1.75 to 146.51. The explanations on CNBC why the dollar rose and gold fell were actually comical by the end of the day. Silliest stuff I have ever heard on markets. Crude oil sank $1.61 per barrel to $88.41. The yield on the 10 yr T note was last at 3.56%.