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

To: Zardoz who wrote (24952)12/27/1998 10:29:00 AM
From: big guy  Respond to of 116796
 
Hello Hutch,

Have you every pondered the COST OF PRODUCTION of a federal reserve note? The cost of production remains constant wether the single stoke of the press creates $32,$160,$320,$640,or $3200.
Stand back and take a look at the world since we removed ourselves from the gold standard. Look at the health and wealth of economies big and small world wide. Although you may see some short term improvements you will find no long term gains.
I think when history is written this 30 year time period will be just another extraordinary popular delusion and a testimony to the madness of crowds.

Happy Holidays

Big Guy



To: Zardoz who wrote (24952)12/27/1998 11:08:00 AM
From: Enigma  Read Replies (3) | Respond to of 116796
 
hutch - reply publicly please - have you one iota of proof (vs prejudice) for this statement of yours "YES, it's the fact that manipulation is on the BUY side, and not the sell side"

Surely the damaging sales are those where gold is borrowed and then sold directly into the (spot) market?

It seems you make these wild statements to back up your prejudice - it takes two (or a zillion) to tango.

E


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