[extropy-chat] Conspiracy Theory Theory [
sjatkins at mac.com
Tue Apr 26 17:36:43 UTC 2005
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.
On Apr 26, 2005, at 8:40 AM, Brian Lee wrote:
> Yeah, gold is a great investment. Check out these excellent returns of
> You're better off investing in 3 month t-bills.
>> 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,
>>> they are preparing for a war-time economy.
>>> 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
>>> 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.
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