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Gold/Mining/Energy : GOLD-XAU -- Ignore unavailable to you. Want to Upgrade?


To: philv who wrote (924)12/31/1997 1:25:00 AM
From: Jaakko  Read Replies (2) | Respond to of 1756
 
Good reasoning philv.... some answers might be as follows:

1) Objective might be by "the manipulator" to win the ULTIMATE game. Drive down the price first using derivatives. As POG goes down PHYSICAL gold is bought and put away. NOBODY HAS YET ANSWERED THE BIG QUESTION:
HOW DO YOU RECONCILE 30 TO 40 MILLION OUNZES OF GOLD BEING TRADED daily ON THE LONDON MARKET ALONE WITH THE TOTAL GOLD HELD BY THE CENTRAL BANKS I.E. 28,OOO TONS.....WHO IS BUYING ALL THIS GOLD????

2) Rothchilds might be behind all of this and maybe no conspiracy by CB's.

3) Please note that CB ANNOUNCEMENTS moved the POG lower rather than the SALES themselves and the Swiss haven't even sold yet and may not sell at all! It is the most DAMAGING TIMING of the CB announcements that deserves them being blamed of manipulation.

4) Canada, Australia and Belgium did NOT sell ALL their gold. They can still interfere in the market by selling or LENDING to immediate sellers.

5) The gold market is largely a SECRETIVE market. There is no stament of the short position at any given time of any participant...it's as if CB's wanted it that way!!!?? This could lead to a number of thoughts....

6) Why are you defending Central Banks?...just curious...



To: philv who wrote (924)12/31/1997 1:31:00 AM
From: IngotWeTrust  Read Replies (3) | Respond to of 1756
 
philv sez: They CB's are said to favour a low price, but why would they want their own holdings devalued?

I don't believe I've ever been foolish enough to state CB's have had their own gold holdings devalued...

How could they do that when they are under-reported values on the asset sheets of CB's anyhow...

Or has this thread forgotten how many CB's have marked their gold "to market" in order to inflate their EMU qualifying balance sheet? I believe it started w/the Italians, then they...

I am guilty of believing the BIS holdings are valued at $208 per oz. Do you know anyone who can answer what our own FRB values our Knox gold value per oz as? Or how about those gleeming Swisse Francs?
Or our neighbors to the north?

At least the Aussies "sold" theirs, supposedly, and announced it after the fact...now they know what its value is...(grin)

Reminds me of one of our early astronauts who snuck on board 12 US postage stamps. He went to insure them after he got home, and the value couldn't be determined, acc'd to the underwriting dept...until he actually sold one of them....

keep working on it, Philv...you've got the makin's of a real gold bug, honest(grin)

O/49r



To: philv who wrote (924)12/31/1997 9:37:00 AM
From: Keith F. Wunderlich  Read Replies (1) | Respond to of 1756
 
Phil,

You wrote:

'I say the verdict must be not guilty to the charge that the Central Banks are manipulating the price of gold for reason of lack of evidence, lack of motive.'

I shall give you evidence and I shall give you motive.

Here is another story to tell. In the latter half of the 1800's,
a grandfather viciously accumulates an oil monopoly. This monopoly
terrifies the government in charge so much that it sets out to limit the immense power it wielded by anti-trust proceedings. So goes the story, but the truth is the monopoly was never broken up but set into a trust. The proceedings were a ruse to disallow any further monopolies to be formed. The oil trust was protected by a grandfather clause in perpetuity and that means forever. This trust is the rightful owner of the bank that has become affectionately known as the
'Fed'. Now the grandfathers son, called by the name Junior, teamed up with an expert in public relations. Foundations!!!Foundations!!! We shall have foundations to take away this noteriety and attention. Jr had five sons, a diplomat, a NY governor, a weapons manufacturer, an Arkansas governor, and an oil baron/big banker. Now back to the Fed. The Fed as you might know has enormous power in the world scene. The oil trust- owns the Fed- owns the power, the power to print money. This oil trust created a game of good vs evil- Democracy vs Communism. The object of the game was to centralize power and "lose" to the commies, so that they could have domination of the world- a world full of slaves working for the elite-what else is communism for?. They failed on this attempt but did not stop trying after the first two world wars. They did however, put a tremendous fear into the people of the world by showing, that the oil trust that owns the Fed that has the right to print money also has the bomb!!! This power group, the oil trust, kept the country out of the war. Was this an act of kindness to its people. No, it was used as a weapon to get the Saudi Oil lands from Britain. These were exchanged as the price of entrance into the Second World War. Now this oil trust went to the Saudis, who were riding around on camels in the deserts. Not a sophisticated bunch. This oil trust easily got dirt cheap rates for oil, in exchange for helping the Saudi's develop their lands. The novice business acumen and blind trust of the Saudi's showed. They not only paid exhorbitant rates to the oil trust and engineering associates for the facilities, but the Saudi's also purchased 30 year time deposit certificates in US Banks(owned by the oil trust). We get to the early 70's and the fat bankers had just finished a gorging with the de-linking of gold, gold shot up like a rocket. The immensely obese bankers, guts filled to near explosion, had a realization that their obesity would be trimmed in the near future, as the 30 year time deposits were to start coming due. Should they let dollars out of their control. This would put a slight hamper on their goal of world domination. Cannot have that they say. The solution was to go to the Saudi's and say OPEC buddy of mine. Why don't we allow you to get rich quick, since we are buddies and we can develop your fields even faster. The business acumen of the Saudi's not yet there, perhaps some suspicions, said what will it take. The oh so nice oil trust said, not much, just allow us to assist in making oil consumers pay you these high prices and all you have to do is continue to deposit the profits from the sales into these particular US banks. As you know bankers love locked in cash, especially if it is big locked in cash. With the Fractional Banking System, they are allowed to loan out 20 times the amount(20 to 1 at that time). Wow what a boon. Imagine all the countries that they could loan to, and help to "mismanage" so that they can finally agree on just taking their "land rights in perpetuity" as forgiveness for defaulted loans. Ask Mr Marcos what awaits if you do not sign away your soverignty(oops hes gone). Just an aside, with those big bad Middle Easterners charging such rates, well the American Public must be protected, let's boycott them the oil trust says. But unfortuneately, we the oil trust noticed that after we arranged this boycott, that our own supplies are dramatically low. Sorry about that, we have to charge these high rates too. Supply and demand you know. But just to show you how nice we are we are going to ration it out for all to get some. Back to the story. So we the oiltrust who can print money, and drop the bomb, well we can also pin you in your homes so that you cannot move. I hope everybody realizes that we the oil trust must be obeyed. And so they went on their merry way accumulating nation after nation. We the oil trust who can print money see that we do not need gold. Who needs gold when you can print money. So we the oil trust are now going to sell our gold, and all of our newfound slaves...I mean friends. But alas we are approaching the millenium and we the oil trust have another problem. We the oil trust do not want to make good on these 30 year time deposits that will come due. We better act fast. We the oil trust, who control big banking are going to shuffle some paper. We are going to sell these deposits to the world bank/IMF without any attachments, free and clear baby, they are all yours World Bank/IMF. Now we are up to 1987ish and the oil trust lets the Saudi higher ups know that the world bank has their term deposits. The Saudi's who have by now brightened up enough after looking the fools in the 70's say, well what does that mean the world bank/IMF has our deposits. The oil trust says well your money is safe unless the world bank/IMF goes bankrupt. Perhaps you may want to sign over your land rights in perpetuity and we can assist the world bank/IMF from going bankrupt. Well the Saudi's decide to fight back. Like the Japanese they pour money into US Markets thinking the US goes down if they go down. The Saudi's go a step further and say we are going to start our own bank. We will back it with gold. The oil monopoly say oh please do not do this, well since you are insisting, well OK we will get you your gold. So the oil trust that has the power to print money who no longer needs gold has buyers for their gold.

Which brings us to today. Anybody heard rumblings about the world bank/IMF going broke.

What kind of tension do you think is ready to burst. Got any money in the markets? The Saudi's do. Think they will pull the pin and unload their holdings, and try to be first. How's your nerves people, should you dump first. Imagine billions of equity pulled out quick as a bunny. How fast will she tumble, that holy market.

Who am I that I know so much.

Some have called me Ismail Ben Shakar

Sent by the Lord thy God to show what is good and what is evil.

How?

By organizing against God.

Why because you failed to obey God. His words to you. The 10 Commandments.

I am that son, just a son.

"Do not think that I have come to bring peace. I have not come to bring peace, but a sword! For I have come to set a son against his father." Matthew 10:34

This was to show you the difference between good and evil. What will happen if you do not follow the commandments.

You may also know me as lucifer for lucifer is the son of God.

Forget the new testement crap, lies to assist the evil.

I can reveal myself as was agreed when the seven seals were broken. They have.

I have a pope. He is david rockefeller. I created him. I create him no longer. He has no head now. He will last as long as you create him.

Give up the game, you have failed.

The Lord thy God is here on earth and he will show you what it means to obey.

Be warned, be prepared, nuclear war is imminent.

Just a son

Keith Francis Wunderlich