Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: goldilucky
Then they raise to POG only to the point that those who can afford to own stock have real wealth.

"They" aren't letting the price of gold rise. "They" have no choice. Things got away from them.

First the Howe/Bolser Report was released to the press. The next day Bush fires O'Neill and Lindsay, and an 8 week bull run in gold takes off.

Then "they" raise the margin requirements for gold options trading, thus forcing the little players to cover while "they" hold on to their shorts and dump more gold on the market. "They" force a good correction -- which they hoped would turn into a rout.

Then this Insight article comes out, and for the first time a major reputable publication covers a story that only the samizdat Internet sources covered. Gold went up today, and I believe this story will drive it much farther.

Of course, when the price explosion comes, "they" will blame it on Iraq. You can see what excuses "they" are lining up to avoid a scandal, congressional investigation and jail time. I'll be interested in seeing how many of them board their private planes to head for places with no extradition treaty.

75 posted on 02/19/2003 7:38:16 PM PST by Publius
[ Post Reply | Private Reply | To 71 | View Replies ]


To: Publius
Of course, when the price explosion comes, "they" will blame it on Iraq. You can see what excuses "they" are lining up to avoid a scandal, congressional investigation and jail time. I'll be interested in seeing how many of them board their private planes to head for places with no extradition treaty.

I'd like to see them in jail for rigging the POG. I'm talking about J.P. Morgan, Goldman Sachs, the IMF(private corporation), the Federal Reserve (private corporation). When you talk about scandals, the first thing that comes to my mind are are these entities. Those who own real money own the world. And those people are the ones named as mentioned. They fund wars, and they hoard by price fixing gold making us believe we'll never see the light of day for gold to head back up to $800/troy oz. This funny money we carry around used to be redeemable in gold. But that public notice has been taken off the dollars but I happen to have an original 1963 $2 bill that has such a notice stated on it.

143 posted on 02/20/2003 6:19:59 PM PST by goldilucky
[ Post Reply | Private Reply | To 75 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson