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


To: long-gone who wrote (28004)2/11/1999 9:30:00 AM
From: Ken Benes  Read Replies (5) | Respond to of 116753
 
It is amazing how much time and effort people cathect to a skys falling mentality.
I do not dispute the possibility that the gold market has been controlled by the central banks thru their leasing programs. Rather, their efforts have been effective is maintaining a growing economy. Gold storative value of wealth has been used to smooth over the global turmoil of the past several years. The metal has served its purpose in an orderly fashion rather than what some would expect, soaring gold prices in collapsing world economies. If this latter scenario had emerged, holders of gold would have emerged winners in a devastating landscape.
If the house of cards collapses as many on this board are hoping, you will get your wish, a bit later than you hoped but nevertheless a win, if the house of cards muddles thru, it is posssible that the world would be a bit better than dealing with decades of depression.

Ken