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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?


To: Alex who wrote (23679)12/1/1998 3:01:00 PM
From: Cynic 2005  Read Replies (1) | Respond to of 116762
 
<<"We are ready to buy all the Russian gold offered to us," he stressed. >>
Buy with what? Do they barter Gold for snow-flakes in Russian winter? -g- I reckon they are out of moolah to buy paper to enable printing more Rubble -g-



To: Alex who wrote (23679)12/1/1998 3:52:00 PM
From: long-gone  Read Replies (1) | Respond to of 116762
 
OK,
Let me get the rules straight:
1. The governments of Europe are controlling the price of gold.
2. These governments want the price of gold to collapse
3. They want to collapse the price of gold so that
a. they and their "special friends" can make money by shorting gold.
b. all the economists of the world will assure investing publics(in the US at least) there is no inflation - "Just look at the price of gold".
c. those same "special friends" can buy up all they want so when the game no longer works, they still win.
The only problem is, no explained "the rules" main street US and Asia. At the current rate of demand growth, if gold does go back down to the $270 range, main street US will buy every ounce in the world!
F_._._. them, let them crash the gold price, I'll bet people will only buy more not less - I'll be in line.
rh
btw, it won't work with silver much longer- they don't have enough left & to much industrial demand.
Then watch out! silver will drag up gold!