[e-gold-list] Re: Gold dropping
Insanity prevails !!! gold is a victim of deception and manipulation! We have seen the repeated proof in the last days of ( TRADING ??? ) no Fundamentals or sanity will correct the trend. ONLY UNITED ACTION AND MASSIVE POSITIVE WORLD GOLD ADVERTiSING PROGRAM WILL SUPPORT AND COUNTERACT THE WELL ORGANIZED MANIPULATORS OF FINANCIAL STABILITY IN THE WORLD. Golddiver - Original Message - From: Mark S. Ohberg [EMAIL PROTECTED] To: e-gold Discussion [EMAIL PROTECTED] Sent: Thursday, July 25, 2002 1:04 AM Subject: [e-gold-list] Re: Gold dropping Eve wrote: So...who/what's driving the price of gold DOWNward Hi Eve, This is the pause that refreshes. The main reason gold went up was a reduction in hedge books by major producers. The industry is currently short about 97 million ounces of gold from forward sales and option writing. This is resulting in substantial losses for more than one quarter. The dollar has weakened against the euro and other major currencies as a consequence of the dollar being overvalued. The US trade deficit is still exerting downward pressure on the USD. But also because of investor pessimism in the US. But most of all, the difference this time is the USD is no longer a safe haven for foreign investors. Gold is. Many with short positions expect gold will lose favor in its rivalry with the dollar in the safe haven stakes by year-end. The dollar is trying to get bolstered by the Federal Reserve Board On My Gold stock pick page. The few Gold Equity stocks we have always recommended have performed dramatically and only by mid year. The Best performer saw (Ticker: SEABF ) The Best performing precious metal Gold Equity Stock, with a half yearly change that was up over 664%. Therefore to purchase a gold stock like this now can be risky. This drop in the gold price is the pause that refreshes. The question is, Time to Take profits or sit tight in hope of further gains? Any time gold is trading at a price less than 12-to-1 to the price of oil, it's a bargain, nothing is ever said about this phenomenon. Gold's very identity is undergoing a seismic shift perhaps not seen since the 1970s when the United States stopped pegging the dollar to gold and began allowing private ownership of it. The metal's value now is more affected by speculative trading, increasingly complex hedging programs, and foreign exchange rates in the global, electronic economy. Stay the course, maintain your heading, start funding you e-gold account while the tick is paused and lock in those gold bullion prices. Kind Regards Mark S. Öhberg http://www.kiac-usa.com http://two-cents-worth.com/?107245EG --- You are currently subscribed to e-gold-list as: [EMAIL PROTECTED] To unsubscribe send a blank email to [EMAIL PROTECTED] Use e-gold's Secure Randomized Keyboard (SRK) when accessing your e-gold account(s) via the web and shopping cart interfaces to help thwart keystroke loggers and common viruses. --- You are currently subscribed to e-gold-list as: archive@jab.org To unsubscribe send a blank email to [EMAIL PROTECTED] Use e-gold's Secure Randomized Keyboard (SRK) when accessing your e-gold account(s) via the web and shopping cart interfaces to help thwart keystroke loggers and common viruses.
[e-gold-list] Re: Gold dropping
lubo wrote: Insanity prevails !!! ONLY UNITED ACTION AND MASSIVE POSITIVE WORLD GOLD ADVERTiSING PROGRAM WILL SUPPORT But why, every Five Years there seems to be a new advertising program, a new slogan and a new person in charge of the new pgm? I'd like to know. --- You are currently subscribed to e-gold-list as: archive@jab.org To unsubscribe send a blank email to [EMAIL PROTECTED] Use e-gold's Secure Randomized Keyboard (SRK) when accessing your e-gold account(s) via the web and shopping cart interfaces to help thwart keystroke loggers and common viruses.
[e-gold-list] Re: Gold dropping
Eve wrote: So...who/what's driving the price of gold DOWNward Hi Eve, This is the pause that refreshes. The main reason gold went up was a reduction in hedge books by major producers. The industry is currently short about 97 million ounces of gold from forward sales and option writing. This is resulting in substantial losses for more than one quarter. The dollar has weakened against the euro and other major currencies as a consequence of the dollar being overvalued. The US trade deficit is still exerting downward pressure on the USD. But also because of investor pessimism in the US. But most of all, the difference this time is the USD is no longer a safe haven for foreign investors. Gold is. Many with short positions expect gold will lose favor in its rivalry with the dollar in the safe haven stakes by year-end. The dollar is trying to get bolstered by the Federal Reserve Board On My Gold stock pick page. The few Gold Equity stocks we have always recommended have performed dramatically and only by mid year. The Best performer saw (Ticker: SEABF ) The Best performing precious metal Gold Equity Stock, with a half yearly change that was up over 664%. Therefore to purchase a gold stock like this now can be risky. This drop in the gold price is the pause that refreshes. The question is, Time to Take profits or sit tight in hope of further gains? Any time gold is trading at a price less than 12to1 to the price of oil, it's a bargain, nothing is ever said about this phenomenon. Gold's very identity is undergoing a seismic shift perhaps not seen since the 1970s when the United States stopped pegging the dollar to gold and began allowing private ownership of it. The metal's value now is more affected by speculative trading, increasingly complex hedging programs, and foreign exchange rates in the global, electronic economy. Stay the course, maintain your heading, start funding you e-gold account while the tick is paused and lock in those gold bullion prices. Kind Regards Mark S. Öhberg http://www.kiac-usa.com http://two-cents-worth.com/?107245EG --- You are currently subscribed to e-gold-list as: archive@jab.org To unsubscribe send a blank email to [EMAIL PROTECTED] Use e-gold's Secure Randomized Keyboard (SRK) when accessing your e-gold account(s) via the web and shopping cart interfaces to help thwart keystroke loggers and common viruses.
[e-gold-list] Re: Gold dropping
Thanks, Mark! Lots of interesting information here :) For instance, I didn't know about that 12:1 gold/oil price correlation. Interesting! Eve - Original Message elided, because we just saw it! - massive snip! --- You are currently subscribed to e-gold-list as: [EMAIL PROTECTED] To unsubscribe send a blank email to [EMAIL PROTECTED] Use e-gold's Secure Randomized Keyboard (SRK) when accessing your e-gold account(s) via the web and shopping cart interfaces to help thwart keystroke loggers and common viruses. --- You are currently subscribed to e-gold-list as: archive@jab.org To unsubscribe send a blank email to [EMAIL PROTECTED] Use e-gold's Secure Randomized Keyboard (SRK) when accessing your e-gold account(s) via the web and shopping cart interfaces to help thwart keystroke loggers and common viruses.
[e-gold-list] Re: Gold dropping
Eve, n More Technically affecting the price is: The US government is dumping leased gold in huge quantities. As reported by Comex on the 15th of July four separate time's What Passion, eh? You know If you dare dump United States Federal dollars for gold well, then, You are against the US! Your a economic terrorist. Yea that's right, you, um, use terrorist tools like gold. No one uses gold, not since George Washington, the Muslims, the Jewish, all of Asia, and the Vikings. and Besides Jewelers, Dentists, Bullion Dealers, Mints. To name a few. Here is my home land security team for your stop action lobotomy. We will be confiscating your wealth through executive orders, and a hidden tax, NOT known as inflation. Why? cause we are Federal, and we want to. Wait, What? not in the United States of America? Can you say IMF? What else to do, Hm QUICK Short the gold seniors shares during plunges in the Dow? Give your blessings to the imaginary gold price manipulators? By all means get Ron Paul of Texas to stop that DANG Monetary Freedom and Accountability Act! Defiantly play both sides of the game. Get Da 'Fed to create money to buy even gold stocks, As every one knows the Fed can not create money out of thin air. And everyone, I mean everyone watch those whacky derivatives on the Comex, by the hour. Oh and Call the Swiss Bank, have it contribute to a drop in the POG by selling their reserves in the LBMA to cover a HUGE short position in a major investment bank. Stop those banks who are next from being next. enron? mci? TO NAME A FEW Anyone here remember this April past? Then Call the Bank of Canada have em sell another 95,000 ounces of gold, That will put a damper on the bull rally. Make it tons! do they have 95K tons Captain, Captain, We are loosing the ability to hit the gold price downwards by $30 - $40 an action What to do What to do? Take A position RIGHT now, Now that there is a gold bull market its too late. No I mean Because The derivatives Paper gold bomb soon will explode. Sit back and enjoy the pause that refreshes. Kind Rgds. A person who have been robbed since the 1913 destruction of the constitutional monetary system based on silver and gold http://two-cents-worth.com/?107245EG --- You are currently subscribed to e-gold-list as: archive@jab.org To unsubscribe send a blank email to [EMAIL PROTECTED] Use e-gold's Secure Randomized Keyboard (SRK) when accessing your e-gold account(s) via the web and shopping cart interfaces to help thwart keystroke loggers and common viruses.
