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To: rohry
Just one problem in this thinly-veiled precious metal advertisement. Why follow the PM path when manipulators seem to be able to operate with almost limitless, unaudited funds? Sure the rally is bogus, but the cabal still has the ability to hammer gold at will. From l987 executive order authorization for government/fed intervention in the market to soften precipituous plunges, it's an easy and tempting step to growth accentuation, especially on the eve of an important election. The stakes are simply too enormous.
Now derivatives sound like an interesting venture. Certainly can't be any more mysterious than the market machinations involving gold.
14 posted on 10/22/2002 9:09:39 PM PDT by gabby hayes
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To: gabby hayes
"Just one problem in this thinly-veiled precious metal advertisement."

The author is doing more than pushing gold. Go to the liked site a read a little more of Puplava's articles. I don't read him or post him because of precious metals reasons. I do have a small position in gold and silver because I think the potential upside could be tremendous and the downside risk is small. My primary interest in the Financial Sense point of view is his take on the stock, bond and credit markets. I share the author's economic viewpoint, which is the Austrian school.

"Why follow the PM path when manipulators seem to be able to operate with almost limitless, unaudited funds? Sure the rally is bogus, but the cabal still has the ability to hammer gold at will."

I agree with your premise that "leasing" of gold from central banks by the big guys and the shorting of "paper silver" makes it difficult for the price to go up. I believe that there are strong buyers of the physical metals that will eventually break their game and cause the price to go up. Even if the prices stay where they are I believe the PM market will leave participants in better shape than either the stock or bond market would.
18 posted on 10/23/2002 10:28:58 AM PDT by rohry
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