ce qu'en pense Sinclair n'est pas triste non plus !!
bien que tout à fait ds un ordre d'idée .. confisquer le gold ( via etf ) pour redorer le blason du $ via renouveau du gold cover clause .. le "dada "de sinclair ...( cad le fait pour le $ d'etre "garanti" par la détention d'un certain % d'or ds les coffres de la fed )
perso j'y crois pas une seconde ... que ce soit le plan de la fed .. mais bon ...
Now assume for a moment that the majority of ETFs with their extreme expansion to come are, in the main (of course not all), the tool of Daddy Warbucks and the Warbucks’ gang to take up excess supply of gold before the gold fever really takes over all the black boxes so perfectly explained by Dan last evening.
The ETFs or a fund of gold is so enticing I am presently speaking to Monty Guild and our inside gold associates about establishing a gold community fund because we are the top guns of this business with real experience, not Parker Pen experience.
Not to be concerned, my public company is number one in the line of my focus and responsibilities and that will NOT change under any circumstances.
So here is the bottom line. The agreement amongst major investors, a legal conspiracy if you will, is NOT to depress the price of gold but to own it ALL. I mean all! Thanks to the black boxes, watered down major producers and ETFs the price of gold will go to unimaginable levels by 2012.
This is why no reaction should concern you. This is why the top callers are witting or unwitting allies of Daddy Warbucks. This is why I buy all reactions selling 1/3 into all periods of strength. This is why worry is not part of my gold vocabulary. This is why I have quoted you the words of the old New Orleans spiritual, “I will NOT be Moved.”
You should not be moved by this week’s action in gold. It is all part of what a move to major prices is made of. I expect tons of email attacking this viewpoint, but I am totally CORRECT. You will see all I have just told you unfold in front of your eyes and over this generational bull market in gold.
The final act in this story will be the reinstitution of a modernized Federal Reserve Gold Certificate Ratio tied to international liquidity and the price of gold. This is the vehicle by which gold will find its way back into the depressed but low dollar in order to guarantee Daddy Warbucks and its gang that that de facto ownership of the world’s supply and oncoming new world supply stays at the high price accomplished in this magnificent and legal plan.