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

To: tshane who wrote (33910)	5/14/1999 3:42:00 PM
From: donald martin	Read Replies (1) \| Respond to of 116798

<<Why would you sit down at a table to play if you knew that some of the players controlled what was dealt. You wouldn't unless you enjoy losing your money. That is the current state of the gold market.>> If that is your take on the state of the gold market, are you in? How can you buy, or continue to hold, gold or gold mining shares if this is the way you REALLY feel the market works? Shouldn't you get out now before the "manipulators" push the price down to $200/oz? I hear there's a nice, honest market in internet stocks. <<all people holding gold are "hoarders" and are bent on the destruction of the monetary system. If you have gold...it will be legislated that individuals can't trade gold except at a controlled price.>> Now THAT is MY definition of a "manipulated" market. And I don't want to see that. However, that sort of policy becomes much more acceptable when you have the likes of GATA whining about manipulation when the price is low. People on the long side of the gold market will ALWAYS be in the political minority. They will always be the ones who have their wealth confiscated, one way or another, by "democratic" governments. It is for THAT reason that I want this talk of manipulation to go away. If the long side is successful in persuading the courts that the short side is manipulating the gold market (with unemployment below 5% and "inflation" [suppressing a laugh here] at 2%), it will be 10 times easier for everyone else to persuade the courts that the long side is manipulating. The political situation of double digit (maybe) unemployment and inflation will see to it.