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Gold/Mining/Energy : At a bottom now for gold? -- Ignore unavailable to you. Want to Upgrade?

To: Eldon Slife who wrote (853)	10/30/1997 3:16:00 PM
From: Eakole	Read Replies (1) \| Respond to of 1911

Eldon, ("At a Bottom Now for Gold?" I hope you do not consider the following as "OFF TOPIC." I have thought long about this and I consider this speculation as fundamental to the cause of gold's decline in price.) Two of the great protections embedded in the Constitution is the principle of the separation of powers enhanced by an almost total sovereignty of each of those divisions and ... the common law concept promugated by Sir Edward Coke . . . that no man ought to be judge in his own cause. Often, it seems, that that these concepts work against each other, most notably when a branch or the several branches of government choose to decieve the people. On the subject of gold and people, we all should by now realize that gold is the enemy of dependency and welfarism and the inseparable friend of independence and freedom. If we hold these assumptions to be true then it is essential for the advocates of big government to control if not expunge from the mind all memories and ties to gold, for tyrants realize that if a government can control money then the mind of its citizens is not too far behind. In that the treasury has control of all gold bullion and the treasury is largely controled by the Executive branch of government, the president can use the national treasury in what he considers to be in his or the nations interest. With such a President as Clinton one must entertain the possibility that any scam that is concievable is possible. . . . and the worst of them is probable. It would not be inconsistent for Clinton to deplete the treasury by selling gold so that his administrations numbers would look good and at the same time conceal the true measure of inflation. Being that this president has invited and catered to drug kingpins in the White House it is not beyond reason that the treasury has become an official "laundermat" for illegal american dollars and other foreign currencies. After all what can be cleaner than GOLD? Is there a bottom for gold? Not untill the constant leak of American gold onto the world market is stopped. When will we reach gold's bottom? Not untill we have a complete inventory of our reserves where EACH gold ingot is measured and weighed not by politicians or bureaucrats but by an specially impanelled oversight committee (or Grand Jury) made up of the citizens of each of the States. Will it be expensive? Yes, but cheaper than the price we are paying and the price our children will pay if these assumptions are true. Remember, the Federal Government should not perform this duty. . . as . . . "No man ought to be Judge in his own Cause." Eakole