Gold Sovereigns Today!
ARCHIVED DISCUSSION FROM 9/30/2001
All times are U.S. Mountain Time
(Yesterday's Discussion.)
Simply Me
(9/30/01; 23:32:04MT - usagold.com msg#: 62729)
****The World Is a Different Place Today Than It was 9/10/01 ****
TRUE.
The world changed on September 11, 2001 because the American people changed. This giant and powerful United States is motivated by it's people. That's one of the reasons it takes so much to move this country in any direction. When we feel safe we squabble about ideals and political theories and dividing the fiat and the territory.
On September 11th, no one in the country felt safe anymore. And no matter where you were in the world on September 11th, the world became a more dangerous place. It doesn't matter who planned the attack. It doesn't matter who carried it out. What matters is that on September 10th, the sleeping giant (the people of the US) was feeling healthy, safe and secure. It's only worry was (the giant thought) a normal and temporary economic downswing. On September 11th, the giant was feeling wounded, angry and violated. And when the safety of the people of the United States is threatened, entire world became less secure. It was the sudden realization that if such a massacre can be inflicted on the wealthiest and most powerful people in the world, then anyone anywhere can be subjected to the same fate, or worse.
On September 10th, the less secure parts of the world were investing in the sluggish but "safe" United States. In secure times, people invest in homes and commerce. Wealth is trusted to the hands of others.
On September 11th, there was no safe place left in the world...so investment was pulled out of stocks and put under mattresses or turned into gold. In insecure times, people pull their wealth back to their own hands. When the survival instincts are awakened, people want quick liquidity and portable wealth, ie: cash and gold.
The people...the grassroots, where ALL investment begins...did not read all the anti-gold articles and hear all the anti-gold reports, they just did not hear gold being recommended. And, as Trail Guide/FOA has said many times, gold is embedded in the every-day man's psyche as true-wealth-in-hand through thousands of years of proven use. So, when survival instincts were awakened, gold (and silver) was the first thought after immediate family safety. And it was CHEAP safety, because the paper market had made it so. But the paper market cannot get liquid so fast at these prices...and so the price of gold rises, driving the paper shorts out. And as the paper shorts get out, the price rises more! And as the price of gold rises, the dollar falls, drawing even more interest in gold. And so the cascade of events goes.
It was trickling in that direction on September 10th. Yes, on September 10th, the stock market was already headed downhill. Yes, the dollar was already beginning to lose value. Yes, we were seeing upward pressure on gold. But on September 11th it became a barely manageable flood. And just as soon as another event reinforces our fears, the flood will overflow the "short" levies and the paper market will fall.
The markets run on emotions even in the best of times. And when emotions turn fear, anxiety and insecurity...the money runs to gold.
simply me
Canuck
(9/30/01; 22:24:03MT - usagold.com msg#: 62728)
Why the massive buildup?
If the western alliances are looking for small patchy groups of rogues hiding in caves and barren terrain why the massive buildup?
The proportionality of 'us' versus 'they' seems to be rather disporportionate, no? Reminds me of the statement in the paper Friday of "dropping million dollar bombs on ten dollar tents".
DOCDPB
(9/30/01; 22:19:19MT - usagold.com msg#: 62727)
****The world today is a different place than it was 09/10/01****
False
The world is the same. It is our perception that has changed. Pre 9/11/01, Americans could be excused for thinking that the world was not a dangerous place. But just as a volcano stores up its energy over time, so too has much of the world stored up its resentment against us, only to be unleashed at an unexpected time. Indeed the world has not really changed, only our perception of the world has changed.
For the past several decades, gold's value has increased in a way that has outperformed every other investment bar none. But as ANOTHER would say, "Can you not see this?" It all depends on your perception. With today's paper pricing system, we do not see this. But just as we did not see the terrorists coming, so too will we not see the explosion in the gold price until it is too late.
Canuck
(9/30/01; 22:12:24MT - usagold.com msg#: 62726)
@ Beer Man
With the amount of gold in that tree I don't think I could be so lucky! ;)
On the other hand I may have to erect an underwater 'scarecrow' to chase away the fish staring at my anchor. They are drawing attention!!
Canuck.
Netking
(9/30/01; 21:48:35MT - usagold.com msg#: 62725)
"When nothing glitters, there's always Gold" - Times Of India
http://www.timesofindia.com/articleshow.asp?art_id=424530413
Snippet:
MUMBAI: When stocks are beaten to a pulp, when bond holders are wringing their hands, when interest rates have crashed, when the speculative bubbles in high-tech stocks have burst, where does one go?
Gold, interestingly, is turning out to be the investment of choice. India being one of the largest consumers of gold in the world, (with over 900 tonnes bought annually), analysts state that consumers are making a beeline to shore up on the yellow metal.
Following the September 11 attacks on New York and Washington, the price of ten grammes of 22 carat gold has skyrocketed by about ten per cent. Share prices, analysts argue, have fallen by more than 20 per cent in the aftermath of the attacks. . .
Jewellers state that in a likely ‘‘war scenario’’, the price of the metal fluctuates practically every hour.
As a city-based jeweller points out, ‘‘If war breaks out, the dollar will be weakened further. Today, investors look towards the dollar and the yen for easy appreciation. And gold is the next best alternative.’’
‘‘When assets such as stocks, treasury bills or bonds see an erosion, gold comes in as the saviour, for it can be encashed anytime, anywhere,’’ said one gold trader, speaking to this paper on condition of anonymity. He pointed out, ‘‘Right now, there is a nervousness in the market and a long-drawn battle in the desert may see the price of gold vault over the Re- 5,000 level.’’
------------------------------------------------------------
Rich(62719)"Another FOMC meeting Tuesday, can the buck withstand another rate cut???"
Netking > My "best guess" is that we will not see another rate cut at the next meeting, but maybe the one after. They've been pouring in money to prop & strength the markets (maybe $100 Billion)since 9-11, I think they may go for a "steady as she goes" response to the rates this time & keep a real close eye on things . . . and keep pouring in money . . .
Maiden Fan
(9/30/01; 21:07:09MT - usagold.com msg#: 62724)
****The world today is a different place than it was 09/10/01****
True,
The world is a different place than it was since the tragic events of 09/11/01. Americans should be asking themselves "why do they attack us and not other western countries?, why is America the object of such hatred throughout the world?". Do we as Americans have the courage to ponder these questions honestly? Can we think for ourselves a little and question the conventional wisdom that they hate us simply because they envy our freedom and democratic government? I believe that one of the most powerful forces in human nature is the anger that develops when one has been taken advantage of in an economic sense. When one looks back at history, the most peaceful eras have been those that have had honest money (gold) as the basis for society. Is it any wonder that in this current era of 100% dishonest money controlled by America (fiat dollar) that we have the sort of resentment and anger in the world that shows up in the form of suicidal terrorist attacks against us. The events of 09/11/01 will make us think.
Curious
(9/30/01; 19:57:02MT - usagold.com msg#: 62723)
******* The world today is a different place than it was on 9-10-2001*******
False. Although the world today is the same world that existed on 9-10-2001, the people's perception of that world has changed drastically and some are now aware for the first time of the terrorist threat to our way of life. This was reflected in an instant major decline in the stock market when it reopened and a rush by some to buy gold and silver coins as insurance. TPTB tried to hold the gold price down, drastically increased the money supply and reassured the sheeple that all is well. The vast majority refuse to recognize reality and are waiting for this dip to reverse so their stock market gains will continue as before. Its not gonna happen.
Some of the experts are fooled. My sister's son in law issued an alert to the effect that all is well, this is a temporary decline, stocks will recover etc. and he told her to hang on. He was a college economics professor before he became a stock market advisor. Would he B S his own family?
There are at least two schools of thought out there. The believers in Big Al and the Clinton Miracle say hang on while the believers in the Austrian School with the old conservative mindset believe that the laws of economics do not change and that although the government can manipulate the numbers for a while, eventually they will return to normal and the further they rise, the further they will fall.
The main problem is the people on this site are one to three years ahead of the market and did not realize the stupidity of most investors who will hang on until they have lost it all and are then forced to sell. The automatic investment of 401k funds also supports the market even if the owners of these retirement funds are skeptical.
Another and FOA will probably be proved right in the end but if the timing is later than was anticipated, we have lost money in the meantime. Perhaps they did not fully appreciate the impacts of the manipulation of gold or the extent and dollar volume of the derrivatives exposures. Who knows the date of the big change? One week, one year or five years in the future? It will happen suddenly and if one does not have gold and silver, it will be too late with no additional specific warning. Better a year early than a day late. We live in interesting times.
Shermag
(9/30/01; 19:55:41MT - usagold.com msg#: 62722)
****The World Is a Different Place Today Than It was 9/10/01 ****
True. In a word, we are now at WAR! And this one promises to entail all that is ruinous of wars. It will kill soldiers and civilians alike. It will destroy capital and wealth. It will be inflationary. It will likely be protracted.
This war also has a new dimension, or at least an old one not seen for a long time. The enemy is not clearly defined and poorly identified. He will be evasive and scattered. As we strike back, we risk forging a new resolve in our enemy. And no matter how we strike, we will likely create many new recruits in our enemy's cause. (That is not to say that we must shirk from a forceful response, for there is also a cost to inaction.) IN short it will be a difficult one to end without great cost.
All this, at a time when the worlds financial structures are very weak, will hasten the demise of king dollar, and usher in a renewed prominance of gold as an asset of wealth and trade settlement.
Mr Gresham
(9/30/01; 19:41:25MT - usagold.com msg#: 62721)
Bugos at his best
http://www.safehaven.ca/GB-GIC/GIC092901.htm
What a mind! And we need subtleties like his to weave our way through the morass we've been led into these past years.
Interstate: I wish I had an easy answer for you. They (FOA/A) do not provide statistical correlations to the pictures they paint for us. They talk about worlds (oil, central banking) whose doors we do not walk through, and we are really still neophytes in them.
The "proofs" of their predictions are, so far, mostly peripheral confirmations of trends unwinding. And yet, the very picture they paint is one that would be "TOO LATE" to get on board if you wait for the last brushstroke to be filled in. The market events will have none of the usual time elements, because the events are the cessation of certain markets themselves.
They are presenting a picture, not a guarantee. That is why you have to do your own work. And let your own skepticism keep you moving, and looking over your shoulder, as we all do. Perhaps YOU are the one to bring us certain tidbits to confirm or question some parts of the picture. I admit I haven't pursued some of my curiosities with enough diligence.
"OCICBW" is an Internet expression that many include as a reasonable part of collegial discourse. I hear this whispered in much of what FOA brings us, but, I believe he is so excited at the discoveries he is making in the world of international finance, that it would be trite for him to literally include it. He conveys his enthusiasm and excitement to many of us.
It is always a precarious question to learn from another, as opposed to first-hand experience. I did it in college economics, and here I am, back for more. Re-reading the "professor's" text, he may seem more brilliant with each pass, as you understand his point of view better each time. It's hard to say if that makes for "accuracy".
At this stage in life, we should be able to correlate those understandings with our own life experience, but for me -- neophyte in much of this area -- it still rests on : "I like the way these guys' 'THOUGHTS' grow on me, with each re-reading." Whether that qualifies as market forecasting -- hey, I'm a neo except for my experience here! It's the best I have to go on. We'll see, won't we?
And, I believe he is telling us that "if what I'm projecting here does not happen literally as I suggest, then something equally or more immense is afoot, and you would do well to prepare for it." For that, for making me think, I am grateful.
Netking
(9/30/01; 19:37:42MT - usagold.com msg#: 62720)
"Don't step in front of Silver on its way up" - Leonard Kaplan
http://www.futuresource.com/news/news.asp?story=i4188783649785511937
"Gold and silver were supported by safe-haven buying right in front of the weekend," Leonard Kaplan, president of Prospector Asset Management in Evanston, Ill., noted.
He said he didn't believe news that U.S. special forces had already begun to carry out operations in Afghanistan in an effort to root out terrorist enclaves connected to the Sept. 11 attacks had anything to do with the gains.
He pronounced the move in silver a technical breakout above $4.65 an ounce that ignored somewhat negative technical charts and fundamental factors.
"The market is thin and if the funds get ahold if it and the public could get ahold of it and once it gets going, it could run much higher," he said, noting that buying by commission houses and speculative funds was driving prices
higher.
He added that, after twenty years of playing the market, he had learned not to step in front of silver on its way up and said he was a buyer on the close. . . . "
R Powell
(9/30/01; 19:37:23MT - usagold.com msg#: 62719)
Netking
Now, if we could only convince the auto makers to offer their cash-back deals in the form of gold and silver coins. I've always thought everyone sees the world from a unique perspective, maybe the trick is to change the general perception of everyone's outlook so that gold and silver are viewed in a more favorable light. Coin-back offers might help.
Greed (that which all are innately endowed with a full sufficiency at birth) and fear are two emotions that constantly alter the unique perception everyone has. Greed will cause some to want to possess gold. Fear will motivate others. The current investment atmosphere appears to have both. Take your pick. Personally, I'm motivated mostly by greed for more and fear of want.
Another FOMC meeting Tuesday, can the buck withstand another rate cut???
Rich
AllanC
(9/30/01; 18:51:49MT - usagold.com msg#: 62718)
*****The world today is a different place than it was 9/10/01*****
False
The US and the west have for so long dominated and manipulated the world's resources to satisfy their selfish ends. The IMF forbids the backing of any nation's currency with anything save the US dollar. Because of this IMF policy, the US and the oil consuming west benefits at the expense of resource and labor rich countries who have to compete with each other to sell their products and resources "on the cheap" for our "paper chits".
We import a lot of the world's best brains because of this "illusion of plenty" and this brain drain further benefits us. Our financial system benefits because of the depth and liquidity of our markets. After all, the US has control of the world's reserve currency.
We live a life of luxury using products sold to us for the "paper promises" of a massive US trade deficit. We drive around in gas guzzling SUV's consuming more than our fair share of the world's oil while most of the world's population slaves for us at $5 per day and can't afford a motorcycle let alone the gas needed to power it.
We look after our own interests first, and among them are cheap oil. That's what keeps the present US dollar system going. We do not want anyone from the third world to rock the boat. We do everything in our power to prevent this.
And we wonder why this WTC tragedy happened. And we want revenge.
No the world has not changed since then, but it might well evolve in a different direction based on our perception of how the world sees us.
Netking
(9/30/01; 18:43:43MT - usagold.com msg#: 62717)
Perception to gold changing . . .
A goldbug called 'The Beeger' commented; "Just saw a TV ad for Pizza Hut that said "Cash, credit, or Gold". The perception is a changing!"
Netking > Is this something y'all have seen happening more in recent times, or some Pizza makers just being innovative?
Interstate
(9/30/01; 18:37:10MT - usagold.com msg#: 62716)
Another/FOA
I am an occasional lurker and poster and I cannot figure out why A/FOA are so revered. Could someone explain? I have read MOST of The Trail postings and I don't understand their standing on this forum. I do not intend to be rude or inconsiderate or offend anyone. I would just like to know. Thank you.
Mr Gresham
(9/30/01; 17:41:20MT - usagold.com msg#: 62715)
M1
http://www.bearforum.com/cgi-perl/bbs.pl?read=186921
How'd dey do dat?
Steve H -- We have been at this so long, that I think we have projected them as having more layers of control over gold as the inflation indicator than they really do. (Didn't FOA say that the Dollar pushers were even themselves surprised at their success at keeping its value after massive printing, due to the uptake from world trade and currency exchange?)
They have just lost one or two of their degrees of freedom in suppressing gold price discovery, and expended more of their arrows that have worked in the past, to lesser result.
It may turn out to be just a simple two-variable model: investor demand (now armed with fresh-printed moolah and remnants bailed out of mutual funds) and abandonment of the paper POG market. The variable they used most effectively: TIME, with which they wore us down (and mowed down the ranks of paper buyers). The day before that variable, TIME, hits zero, looks just like any prior day. Controllable POG range, "no inflation here, folks". Next day: moonshot. Sorry, no more tickets available...
Mr Gresham
(9/30/01; 17:24:18MT - usagold.com msg#: 62714)
Fed buys stocks...
http://www.siliconinvestor.com/stocktalk/msg.gsp?msgid=16432602
Some thoughts from a poster at Silicon Investor at link above...
G: I've always carried with me this multi-sided hydraulic model of the Fed & others patching up the economic roller-coaster machine with various devices, both psychological and liquidity-based, but here we have a recent case. (It could use more fleshing out, but maybe in weeks ahead?)
And it seems they are balancing it perfectly as it careens downhill, not letting one little bolt go awry, until the entire machine crashes into a wall at the bottom. The Maestro's Triumph of Econometric Modeling...
Also building up a Ninth Ninth Wave ahead for gold, which is left as the only already-known player standing after such a fiat game ends. No wonder the Euro-makers have had to play their entry so very carefully, and not be swamped themselves in the wake of the sinking USD.
SteveH
(9/30/01; 17:18:48MT - usagold.com msg#: 62713)
*****The world today is a different place than it was 9/10/01*****
Usul quoted, "...Increasing gold prices are considered an important indicator of inflationary pressures, and an indication of loss of confidence in paper money and stocks. By corollary, a loss of confidence in paper will lead to a growth in interest in the ultimate store of value, which is gold...."
Comment:
In a market in which gold is heavily shorted and "manipulated" does the lack of increase of gold prices -- due to the above -- tell us something of 1) the manipulators and 2) of the act of manipulations, specifically, the underlying reason for the manipulation? It would seem that the above act of manipulation can have but one outcome: when the dam breaks equilibrium will be found quickly. CB gold is much like an overflow tank in a hydraulic system or closed loop system that requires a source of liquid in order to keep the system sound. It is time to fill the overflow tank now, but the source of fluid is all but dried up and the overflow tank is about dry too.
In short, the act of manipulation or of shorting gold, especially with paper and not physical gold, is in itself a temperature gauge as to the closeness of the eventual rise in gold prices and as to the degree of adjustment. In proportion to the amount of manipulation (and there would appear to be more than in any known period of history) and degree of depletion of official reserves, the greater and more violent the eventual price adjustment.
Further, the closer this unavoidable event becomes the greater the manipulation and desperation of those in charge of the manipulation. The US political landscape was ill suited to stave off or prevent this type of market phenomenon because the act of electing leadership every four to eight years defers to the short term plan and not the long term necessity. As such we find ourselves at a time when history shall make an adjustment in the value of gold and all currencies tied to it (whether anyone wants to admit that tie-in or not).
It is not coincidental in the least this convergence of events that has hit the heart of the US financial district and not even ironically buried the very overflow tank of the discovery market for gold and silver. Kinetic inflation and potential inflation are not the same now. Potential inflation or its measure (the degree of manipulation, including the willful destruction of the overflow tank) is at a peak, as reflected by the Dow to gold ounce price charts we have often seen or been privy to. Kinetic inflation is soon upon us -- made worse by those who sought short term political gain and those who sought the destruction of a way of life, so dear to many of us.
So, to address the above first paragraph quote. A rising gold price is a reflection of kinetic inflation. Rising and ridiculous levels of gold and silver market manipulation are a reflection of the build up or potential inflation about to be unleashed. The DOW-Gold chart is already adjusting itself at a very rapid pace. Either gold rises to $4500 to $8500 within a year or two, probably sooner, or the Dow falls to 600. If the DOW is not allowed to fall to meet gold then gold will simply have to rise to meet wherever the DOW may find itself. It appears unavoidable.
Humble Pie
(9/30/01; 16:56:22MT - usagold.com msg#: 62712)
*****The world today is a different place than it was 9/10/01*****
FALSE The world is the same ,but our perception of everything has changed or been altered a great deal.We have gone from a spend yourself into prosperity mind set to a survival mind set ,a hunker down mode if you will.50+ years of DOLLAR HEGEMONY has brought all this to a head and where it's going to lead us only The Almighty knows.We have unparalled prosperity in this country at the expence of the rest of the world where Despair and Poverty looms for many . Is it any wonder that the event of 9/11 took place ,if not at the WTC then somewhere else,the pressure cooker had to blow somewhere. The fiancial markets have been in a down mode since April of 2000 with a few rallys here and there.The readers at the USA Gold fourm have had a blueprint of this carnage in the fiancial markets ,thanks to ANOTHER/FOA writings on this fourm.To be more specific Another stated in very clear and unequivical terms that ALL PAPER would BURN. How many of us really beleived that statement.If we could only go back and liquidate all the trash we held onto and put that money in GOLD coins. Gold did just what it was supposed to do in that time frame ,protect your capital.I'm glad I have some in Gold,but you never have enough of a good thing.On a lighter note Geo. Burns once said "that having sex at 90 is like shooting pool with a rope" ,well Allan Greenspan'9 interest rate cuts looks like they are pushing on a string.It's not working.Gold is by far the only way to go with all the turmoil in the world today.
Mr Gresham
(9/30/01; 16:27:35MT - usagold.com msg#: 62711)
Prospector
http://www.thebulliondesk.com/Reports/prospector.htm
Kaplan's interesting lately, and this one has him peering anxiously ahead:
"It will be strictly and solely the investor in this market, and not the producers nor the users, who will determine the value in the next few months. ...
"Lease rates in gold remain low, which would generally belie those reports of high demand for gold worldwide. However, please be advised that while it is true that gold is being bought, in size, by investors globally, it is not being bought as physicals. Investors are rightfully buying futures, options, or other derivatives and not a great deal of physical product for delivery. This is leaving the physical market well supplied and lease rates very low. We may be entering a time period where just a quick notation of the lease rate picture will cease to be a reliable indicator of the future of the gold price. Please take this into consideration in all your trading decisions. "
Oh, to be an "expert"!
Mr Gresham
(9/30/01; 16:14:55MT - usagold.com msg#: 62710)
mannfm11 fans
http://www.prudentbear.com/boards/user/non-frames/message.asp?forumid=4&messageid=75655&threadid=75651
Here he is today, on how the Credit/Money Bubble was built, and how the dominoes tumble... The bro' is cookin'...
"People don't put their money in banks and the banks lend it out. That is a childs fable we believe. Instead banks create credit and we put it in the banks. Banks hate cash because they have to liquidate their base assets to provide cash ..."
His prose really launches forward forcefully from his keyboard -- it ain't Joyce, and it ain't Hemingway, for sure. But somebody with a lot to say, from his combination of experience, and thought.
Kind of like Oro, eh? Someone head and shoulders above the everyday blather. Without the Net, would we have ever encountered such as these...?
annie
(9/30/01; 16:05:29MT - usagold.com msg#: 62709)
My Posting Entry
****The World Is a Different Place Today Than It was 9/10/01 ****
True.
For days now I have been wrestling with whether I wanted to take the "True" or "False" side of this debate. To many people it was as if the attack came out of nowhere. America was safe and prosperous on one day—then beset with dangers the next. I had grown up under the threat of atomic war and the "Red Scare". I reached adulthood during the Viet Nam War. I saw years of the "Cold War". And I always knew in my heart the world was a dangerous place.
That is why I purchased a modest amount of gold as soon as it was re-legalized for American citizens. Close friends and family—those who knew of my little "nest-egg"—tried to respect my decision to hold a "failed investment." But I never agonized over the ups and downs in the price because I always knew that it offered me and my loved ones a type of security that nothing else could. Gold gave me courage in the face of the worldwide uncertainty that I saw as ever present.
But. Even though the world was always a dangerous place and the attack only exemplified that, I have chosen to write my essay on the side of change precipitated by the attack. And a major role was played by two of the victims: Todd Beamer and Jeremy Glick. I'm sure everyone is familiar with the story by now, but I just want to tell it again--in my own words.
Jeremy Glick's wife received a phone call from her husband, who was on Flight 93. He told her of the hijacking and of his love for her. She told him of the two planes being used in the attack on the World Trade Center Towers. During the 30-minute conversation, her father was able to contact the FBI and they were able to monitor the last of the phone call. He told his wife that there were some on the plane who had a plan. "We are all going to die," he said. "But we're going to do something about it." It was about then that the phone went dead. But the last words heard were those of Todd Beamer: "Let's roll!"
*****
Although our nation has been accused of being something of an international bully, our citizens themselves have been trained to passivity. We have been told in case of a robbery not to resist. In cases where citizens have resisted, many were put on trial and a few found guilty of using excessive force. Property is not worth the taking of a human life. The right to own guns and other means of self defense has been under attack for years. Surely, one of the reasons that foreign tourists in Miami became prey of criminals was that they were known to be unarmed—after all, they had just come into the US via international flights. But the mainstream media never mentioned this. The unwritten, unspoken rule of the media has been to do nothing that would discourage the passivity of the American people. In all ways, the citizens have been conditioned to follow—passively.
Slowly, over several generations, we have been taught to ignore the wrongs we see and to isolate ourselves from the doings of the establishment. When the American people have become aware of wrong doings—usually by means other than the mainstream media--they have been treated like naughty children--children who just didn't understand the real world. So what if the president had an affair with a very young woman—an intern. The undercurrent was familiar: They all do it and it's none of your business. Your interest in it shows your own wicked curiosity. WE, the adults in America, scold you for being so immature—so ignorant of the ways of our world. And for the most part, we passively accepted it.
National pride of citizens of other countries was seen as honest and pure—but of Americans was seen as elitist. A spirit of nationalism was discouraged in our schools in favor of "multi-culturalism". Nationalism was placed in virtually the same category as racism, and those who wanted to limit immigration were accused as being hateful toward one group or another. It was made so "dangerous" to be against the open immigration policy, that again, people chose passivity.
And. There still remains a remnant of the hatred for America that was spawned by the Viet Nam era—a self-hatred by our own citizens. I have seen opinions expressed that whatever is done to America is the result of our own perverted foreign policy decisions. I, myself, have disagreed with many as being "interventionist". But the time for second guessing our foreign policy, the time for expression of our self-hatred as Americans is past. We are regaining a patriotism--even though tainted by some who would sacrifice freedom for "security". I for one welcome the patriotism, but highly distrust any sacrifice of freedom.
*****
One reason we gold bugs have felt somewhat isolated from our fellow citizens is that we are open to ideas that most Americans don't even want to think about, much less actively consider. These are referred to collectively as "conspiracy theories". The first one that I remember was the Kennedy Assassination: We were assured that Oswald was a "lone gunman". The highly esteemed Warren Commission confirmed this for us.
Then there was Waco. In the days before the attack on the compound housing the Branch Davidians in Waco, we were plied (meaning manipulated) with stories of how David Koresh was a child molestor and how dangerous his group was, with their stockpiles of weapons and kooky ideas. Well. I guess we put an end to that, all right!
We question what really happened in Oklahoma City. Some of us have seen the tape showing early coverage of the Oklahoma City bombing, indicating that there was more than one explosion; and experts saying that there would have to have been more bombs inside the parking garage. We heard rumors of ATF employees not showing up for work. And we wondered why the "crime scene" (that cannot even be photographed by citizens in the WTC bombings) was so quickly bulldozed. But committees and subcommittees have assured us that Tim McVay acted virtually alone.
Vince Foster's "suicide" was never proven to us. The first witness on the scene was banned from telling his story for months. By the time he reported the inconsistencies at the scene, nobody was really interested—the media, least of all. Where are Woodward and Bernstein when you really need them?
And our own special "Gold Bug Conspiracy Theory": How could we have an enormous trade deficit year after year and still be able to maintain a "strong dollar"? And even more amazing: How can the dollar continue to strengthen year after year in its relationship with gold?. Some of us have referred to the American people as "sheeple" because they have passively followed our leaders, practically deifying Alan Greenspan and Company. But Gold Bugs are different. Most of us bugs are independent in spirit; many of us are full-fledged survivalists. None of us are passive. We were the last frontier for the propagandists. And the Forums were the thorn in their flesh.
*****
I remember in high school learning the Dylan Thomas quote: "Do not go gentle into that good night". I will never forget the way it was explained to us as students: "You will hear it quoted as ‘Do not go gently…’ because people assume that it should be an adverb describing the verb ‘go’". But it is actually an adjective describing the understood subject of the sentence: "you".
I think that the same idea, in modern terms, might be expressed as "Don't be passive in the face of death."
This is where I come back to the actions taken by Jeremy Glick and Todd Beamer. They chose to "not go gentle", and they set an example for the rest of us as well. Because of them, those of us who frequent such sites as this are not quite so isolated from the general public as we were before. Others are starting to stir and realize that their survival and that of their loved ones may depend on actions that they must take now. That the "strong dollar" may not be invincible and our unprecedented prosperity may not last forever. And that our government cannot be relied upon to take care of us in all situations.
The American people have the choice to "not go gentle" into the future. They have been stirred from their slumber—the sleep induced by the longest run of prosperity in our history. It is time for them to wake to the dangers in the world. And now I would say to all of them, for they are now listening: "DO NOT GO GENTLE: BUY GOLD"
Okay, you gold bugs. Let's roll!
End of essay.
Thanks for the opportunity. annie
wolf
(9/30/01; 16:00:27MT - usagold.com msg#: 62708)
Spin Masters
Near all on this Forum believe in the gold price manipulation and see thru the spin of the politics and the mainstream medias.
Why should we believe all the spin about the "terrorists" and the WTC we get from the same people.
Who benefits - we shall see in short time - and you find the enemy, probably within the USA.-
Poor souls who have to fight for the big boys and get the hot potato out of the fire, for others still in the dark.-
Centennial Precious Metals, Inc. / USAGOLD
(9/30/01; 15:46:57MT - usagold.com msg#: 62707)
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