Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Hawkmoon who wrote (27045)	1/26/1999 7:14:00 AM
From: long-gone	Read Replies (2) \| Respond to of 116761

<<I agree that there is a conspiracy to prevent gold from competing with the dollar. But don't feel so bad about gold... Y2K sector stocks are getting hammered as well with KEA being the most recent victim of an analyst downgrade. I was forced by trading discipline to sell my TAVA today, a very interesting and undervalued (IMO), Y2K stock, because it tracks KEA. I also suggest that there is a scheme to pummel and keep the lid on Y2K stocks.>> But one must ask, Is the scheme to keep the lid on the Y2k stocks in place only to draw a profit of a few how are friends of Federal Reserve members? The reason the "anti Y2k stock scheme" is in place is to provide faith in the system, though any manipulation is wrong. I can also see a simular line between "protecting the bankers and brokers" on the Y2k side and on the gold side. If it were only one or two analysts, I could well pass it by. Were it simply to make the U.S. dollar stronger, that might be acceptable. For there to be an anti-gold position to protect faith in the "broad banking system" & prevent runs, that I also understand. It often seems, though, that this anti-gold scheme has not been in place for any of these more lofty reasons. It rather seems that this is an income and wealth redistribution conspiracy heaped on the middle class longer term investor to the Benefit of the upper class speculator. Many who have invested in gold stocks saw demand growth based on the population accrual of the world or the length of dividend history. Some who have been victimized were depending on that dividend income. A great number do not operate on any margin. This sort of collusion is more vile than any open taxation plan. It allows the unknowing to continue to plow yet more & more money into losing investments in a game which can never again break even.