-Caveat Lector-
Gold was what? 32 bux an ounce in 64, then went to 800
when? and then leveled out for a couple of decades at 300
or so which is inflation of magnitude well hidden...what a
joke....oil is finite consumable...its use increases its
value...gold values are all contrived but are the only thing
trusted in the long run by the people who have been running
the banking industry for centuries...again, safra, and the
like. Safra banks only pay like 2-3% interest on money
saved there, but those savings are backed with gold...they
don't need to pay interest because the savings are guarded
against all fluctuations and connivings within currencys,
again, by gold.
Ric Carter wrote:
>
> -Caveat Lector-
>
> ----- Original Message -----
> From: earthman <[EMAIL PROTECTED]>
>
> > OK guys, here;s a question.. Where is all the gold going??
>
> Down. Gold's value continues to fall, as it generally has over
> the last 30-40 years. See the current price in US$ - track that
> price over the decades - factor in inflation - reach your own
> conclusion. Mine: gold is a sucker's bet.
>
> > We heard about the bullion in E Timor, (assuming it is true)
> > the reason why the UN is there, to get it out..
>
> A not-very-thoughtful assumption, considering that the petroleum
> reserves in the Timor Sea are worth orders-of-magnitude MORE than
> any gold in East Timor.
>
> > and there have been moves across the globe on the gold market..
>
> Count the dollar amounts of those gold moves. Count the dollar
> amounts of the increase in petroleum prices [100%] this year, with
> OPEC enforcing production limits this year. Compare the amounts.
> Judge the significance yourself. My judgement: gold's value is
> minescule compared to oil's value.
>
> > Are the banks pulling in their reserves for the coming run?..
> > or are they collecting in for the reps?
>
> Any big players 'collecting' gold right now must sure like its
> ornamental properties. Gold has some subjective value in jewelry,
> a very real value in electronics [your computer is filled with
> gold threads and coatings], and absolutely NO value in backing
> significant currencies.
>
> > Where is it all going?..Germany? Switzerland? Antarctic or US?
> > The crash is upon us and the big players are taking steps.
>
> And those steps are... ??
>
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DECLARATION & DISCLAIMER
==========
CTRL is a discussion and informational exchange list. Proselyzting propagandic
screeds are not allowed. Substance—not soapboxing! These are sordid matters
and 'conspiracy theory', with its many half-truths, misdirections and outright
frauds is used politically by different groups with major and minor effects
spread throughout the spectrum of time and thought. That being said, CTRL
gives no endorsement to the validity of posts, and always suggests to readers;
be wary of what you read. CTRL gives no credeence to Holocaust denial and
nazi's need not apply.
Let us please be civil and as always, Caveat Lector.
========================================================================
Archives Available at:
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http:[EMAIL PROTECTED]/
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