SI
SI
discoversearch

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: Stephen O who wrote (34651)5/29/1999 3:06:00 PM
From: Robert J Mullenbach  Respond to of 116764
 
I have always liked his letter.!!

I never heard of a gold coin that went to zero value yet, But do believe I have of currency.!!!

great post.!!



To: Stephen O who wrote (34651)5/30/1999 9:30:00 AM
From: long-gone  Respond to of 116764
 
<<Comments on gold from Dow Theory Letters - Richard Russsell 19 May 99
Talking about the Bank of England forthcoming sale announcement -

"Is there a plan (gold-philes call it a conspiracy) to keep the price of gold down? Well, I don't think it's a conspiracy; more likely it's just the central bankers believing they can control the value of their paper currencies and mask inflation by selling or threatening to sell gold. And of course gold is the enemy, because you can bankrupt a paper currency, you can manipulate a paper currency, you can do a lot of things with a paper currency - but gold, gold is real, indestructible money, and if a nation's paper currency is in trouble, it always requires more of its depreciating paper to buy an ounce of that darn gold." >>

When they have allowed this information to, and solicited the assistance of private banks and brokerage houses, then we have a conspiracy.