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


To: tshane who wrote (920)11/15/1997 9:34:00 PM
From: Eakole  Respond to of 1911
 
Richard, Regarding market manipulations, we are not in a unique situation, nor is the world wide nature of this GOLD <conspiracy> without precedent.
Cases in point is the OPEC oil crisis and the recent collapse of the Japanese Stock Market <BUBBLE>. These are just recent histories, but are also mere shadows of mankinds past economic follys, extravagances and debacles.
An excellent reference that would enhance anyones understanding of <markets> and <human nature> each and every time it is read, is the book . . .
<EXTRAORDINARY POPULAR DELUSIONS AND THE MADNESS OF CROWDS> by John MaKay written more than a century ago. <Still available in hardcover>
I came upon this Title while reading a biography of Bernard Baruch. When after his death, it was ascertained that there were two books from his entire library that he referenced the most. The first was the Bible and the other was the afore mentioned title. It is interesting to note that these two books deal almost exclusively with <HUMAN NATURE.>
For those who are not familiar with the genius of Mr. Baruch, let me add that he was the man that Presidents, Pime Ministers and King Makers came to visit.
Eakole