GULD & SILVER - En sammanfattning av investering i ädelmetaller

Date: Mon Nov 03 1997 07:31
Reify ( @ANOTHER ) ID#413109:
Soooo, I'm wondering, over what period of time are your predictions?
Where do you get information on about, Big Trader?

Reify,
The actual buying of gold ( no other metals ) by huge players is not a prediction, it is ongoing. In 1997 it exploded! The price of the metal in currency terms will be made for all to see as it moves quickly upward for a very short period of time ( 30 days ) . After that only black market traders and third world noones will understand it's price! When is this going to happen? I have no idea. Is there anything to look for that will tell us when the problems have started? At first the US$ and gold will go up together against all other assets!

Big Trader is ( was ) from HK and is in the business.

----------------------------------

Date: Wed Nov 05 1997 22:06
GOLDEN CHEESEHEAD ( @ANOTHER SHOCKING POST! ) ID#431263:
All paper gold will be worthless just like stocks and bonds! Am I right? If not please correct!

Mr. GCH,
You may be more right than wanted to be. For some it is a long torturous wait to go without paper gains. For ones outside the west, it is not hard. Days pass easily as a thousand years of history give backing to our investment. "For what I hold is not an empty promise. Nor is it a major thought of debt. I am now today, paid in full!"

Turn slowly now and view all directions. The wealth that was had was not real. The Pacific Rim started, now South America. Next will be Europe closely followed by the US. Remember, all currencies are the same now as they are "digital paper"! Nations will defend the system at all cost They will never sell US$ treasury debt as that debt is their currency! The dollar will soar as a final defense! As part of this defense they will allow oil to rise as oil is priced in dollars. How do you get oil to rise? Today, we stop our CBs from selling gold!

FOFOA: Matt, you must be talking about "paper gold". It is true that the prices you follow are heavily driven by speculators in the paper markets for gold. But what you are missing is that real physical gold is not an inflation hedge, it is simply a wealth reserve. And it is a wealth reserve that will survive and prosper even through the nuclear annihilation of paper assets. It is a hedge against the collapse of the system. This, and the official control of the gold price as presented by GATA, are the reasons the price of gold stagnated through the 80's and 90's. But that era is over now. We are entering a new era.

But I do understand why you think the way you do. You are 26, right? Born in 1982? You see, ever since 1971 the establishment has convinced you and almost everyone else that they successfully moved the very foundation of the inverse pyramid and placed it up amongst the investments categories:

John Exter's inverted pyramid

But ask yourself this. Did they actually move it? Or did they just create the illusion that they moved it? As John Hathaway said at the top of this post, "The gold derivatives pyramid is a vigorous free market creature. It cannot be put down with a simple declaration that the paper is no longer redeemable in gold, as governments did with currency. It is a short selling scheme that has become a trap from which few short sellers will escape."

All Paper is STILL a short position on gold!