To: arete
You really aren't getting this are you? What I 'get' is Puplava's challenge to look it up on the web, confirms nothing more, so far, than speculation, and when said speculation is probed, the result is sarcasm.
Puplava issued a challenge. I assumed there was something substantial behind it (beyond a few thousand speculative anecdotes, many of which had their roots in a common report from the same precious metals trader) to be found.
Why should I accept on faith the rumors of a few gold bugs?
You really aren't getting that are you?
17 posted on
02/28/2003 9:52:46 PM PST by
Starwind
To: Starwind
Why should I accept on faith the rumors of a few gold bugs?
You shouldn't and I don't expect anybody to. Intervention/manipulation takes time to see. I admire the fact that you have started your homework and have noticed patterns but no real evidence of it. That will take time to see and even then you may have no hard facts to confirm it, maybe. With the central banks, various brokerage firms, and God knows who else are in on the intervention they can work this scheme from so many different angles it would be very difficult on a micro level to pin it down. But on the macro level it starts to become more obvious something is going on to hold the markets up. I'm sure you've noticed that the big 3 indexes have hovered around their support points for quite awhile even going above them at times. This is normal for a normal market or even a stock. But when the news is bad and keeps getting worse? Again, no hard evidence but what is holding the indexes up?
I have been bullish on gold for almost a year now, but one thing about gold and finding information on it has led me to disdain is I've ended up in so many "John Birch" meetings it was enough to make me puke. All the conspiracies, gag. Problem was though that I started seeing time and time again that gold was being manipulated. There used to be a hard and fast rule gold will rise no more than 2 bucks in a day. That changed after gold passed 330. But you have said you've noticed some kind of goings on with the PM's.
I bought gold after studying the fundamentals for about a month before I bought a dime of PM's. Actually TA works quite fine even in an manipulated market.
To: Starwind
Why should I accept on faith the rumors of a few gold bugs? On the way home from work yesterday, I heard voices coming from the radio that said the market was going up at least 30% after we know what is going on with Iraq. This was supposedly based on general Wall Street consensus. Should I accept that as good advice?
19 posted on
03/01/2003 4:51:03 AM PST by
EVO X
To: Starwind
Puplava issued a challenge.Since you don't even know who said what (Mike Hartman wrote tonights article), I can understand why you are having a problem with your research.
Richard W.
22 posted on
03/01/2003 5:39:57 AM PST by
arete
(Greenspan is a ruling class elitist and closet socialist who is destroying the economy)
To: Starwind
Puplava issued a challenge. I assumed there was something substantial behind it (beyond a few thousand speculative anecdotes, many of which had their roots in a common report from the same precious metals trader) to be found. Why should I accept on faith the rumors of a few gold bugs? It seems that behind every doom and gloom report is a gold bug. I have been holding my breath for a 5000 DOW for about a year now. Seems like none of the doom and gloom pans out. Not that the economy is rosey, but this daily doom and gloom crap is getting old. Real old.
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson