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

To: Hawkmoon who wrote (26574)	1/20/1999 9:14:00 PM
From: Bill Murphy	Read Replies (3) \| Respond to of 116764

Ron, It is surely a pleasure to read your insight as to what is what. I really mean that. More than from a market standpoint, you are obviously a caring person. I would like to think the same of myself, Les Miserable that I am. Yet, markets are markets. Reasonable people that got involved in the gold industry have been punished beyond belief. Worse than 1929 experiences. And who cares. NO ONE. If the precious metals prices do not rise soon and swiftly, which I see coming very clearly, they will be tapioca. Regarding disasterville, of what you say ( and very well said ) I do not want that. But,it is not unreasonable for me to want gold to go back to where is was 3 years ago. The stock market players can have the same. Just let the stock market go back to where it was 3 years ago. That is a level playing field statement. Not so. Ron, could go on much more, but "Scandale Gold" took all I had for now. The best to you, Bill "Les Miserable" Murphy

To: Hawkmoon who wrote (26574)	1/20/1999 9:30:00 PM
From: Mark Bartlett	Read Replies (1) \| Respond to of 116764

Ron, << but fail to realize that the CB's can also pack up their toys and go home (with the permission of sovereign gov'ts who feel the threat as well).>> Certainly this could happen .... but if it does, it will broadcast to the world, just how very rotten things really are ..... IMO it may do more harm than good. MB

To: Hawkmoon who wrote (26574)	1/20/1999 10:13:00 PM
From: PaulM	Read Replies (1) \| Respond to of 116764

Ron, a very thoughtful post as usual. But is there any way of ultimately preventing the sort of collapse you alluded to? I don't picture CB's with horns. But what causes the bust is not the trigger, but the boom. If a gold short position, or LTCM, threatened the world economy, then why not prevent that from happening in the first place, rather than arranging a last minute bailout? If the stock market collapses , or gold rises precipitously, it will be because of the extreme mis-allocation of capital that precede these events, not Bill Murphy. Perpetuating more of the same will not, in my view, work. Unlike BM though, I think a low gold price is good for everyone (especially investors like my self). As for the Euro, let's watch that one together. Either Europe or America or both will come away badly bruised. There isn't room for two world reserve currencies IMO.

To: Hawkmoon who wrote (26574)	1/20/1999 10:16:00 PM
From: ali	Read Replies (2) \| Respond to of 116764

Ron, <And in the end, the world gov'ts will confiscate your gold, whether it be bullion or coin. Just like the gov't has the ability to declare paper currency worthless and make you exchange it for new legal tender. And the coercive power that will be utilized to undertake that confiscation will require unprecedented power. It may create the gov't system that many of you fear, the NWO, backed by people begging for anyone to save them from global financial and political chaos.> Not even Hitler went that far to confiscate gold from his subjects! Do you really think the American people are that docile to let that happen? With the present proceedings in Washington and Clinton being allowed and even supported by some masses of minions to so fragrantly violate the law, anything is possible.As far as 'financial disasters' go, they are man made and should be ably corrected by man.As it is, the finances of the world have been for years misused and the time has to come that some one has to pay the piper.Guess who that someone is...again?