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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.



18 posted on 03/01/2003 1:29:23 AM PST by jwh_Denver
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To: jwh_Denver; rohry; Wyatt's Torch; arete; meyer; DarkWaters; STONEWALLS; TigerLikesRooster; Ken H; ..
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.

Too many end up with a rant on fiat money, governments are not going to give up control of money, so to me these 50 page rants are useless.

I prefer to live in a capitalist society, not a socialist looters paradise as we had during gov clinton. If you want to know what really happened to our ecomony in those years, read the history of the Arkansas Development Corporation.

30 posted on 03/01/2003 2:37:37 PM PST by razorback-bert
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