[extropy-chat] Conspiracy Theory Theory [

[Samantha Atkins]

I did not say gold is primarily an investment.  It is an excellent 
hedge against a falling dollar and most likely worse to come.  Also 
there is considerable likelihood that the price of gold is currently 
being artificially suppressed.

- samantha

On Apr 26, 2005, at 8:40 AM, Brian Lee wrote:

> Yeah, gold is a great investment. Check out these excellent returns of 
> gold:
> http://www.retirement-planning.com/returnrates.htm
>
> You're better off investing in 3 month t-bills.
>
> BAL
>
>> From: Samantha Atkins <sjatkins at mac.com>
>> To: ExI chat list <extropy-chat at lists.extropy.org>
>> Subject: Re: [extropy-chat] Conspiracy Theory Theory [
>> Date: Tue, 26 Apr 2005 03:25:16 -0700
>>
>> On Apr 25, 2005, at 5:32 PM, Mike Lorrey wrote:
>>
>>>>  study the subject and do nothing in the however long meantime.
>>>
>>> To imagine that Kurzweil, Gates, and Stewart are of the few hundred
>>> spoken of is naive. Their wealth and power pales. Perhaps only Gates
>>> rivals the PTB.
>>>
>>> Besides, another causal link in the chain fell into place: China's
>>> government is exhorting its people to put their savings into gold, 
>>> i.e
>>> they are preparing for a war-time economy.
>>> http://www.china.org.cn/english/BAT/106135.htm
>>>
>>> The JP Morgan-run chinese banking system is encouraging use of gold
>>> deposits and is issuing gold certificates for gold on deposit.
>>
>> Good for them!  About time people realized the fundamental 
>> worthlessness of fiat currency.  I exhort people to put a lot of 
>> their money into gold myself.  For a country to do so is quite 
>> prudent in these times .  It is not necessarily a warlike move at 
>> all.   Here is a great mystery.  Why is the price of gold flat with 
>> that kind of pressure in play?
>>
>>>
>>> JP Morgan runs the US Federal Reserve Bank. It also runs the Chinese
>>> reserve bank. Who therefore stands to profit the most from a conflict
>>> between these two nations? It is financing the military 
>>> infrastructures
>>> and welfare systems of both nations.
>>>
>>
>> All of the banks are going to be hosed if they are called on more 
>> than a small fraction of their very highly leveraged positions.  I 
>> think you need better scapegoats.
>>
>> -s
>>
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