posted on Oct, 17 2008 @ 12:22 PM
i try to figure out the market mentality... but most often trying to figure it out is impossible --- i then allow intuition to run free form in my
I am sorta getting almost concerned about the price of Gold in this last 2 weeks period...
it is now back down to the high $770s oz. & seems to be headed lower
lets say $700.
but the Gold producing/mining companies stocks are getting the real haircut... not the Gold itself,
many major gold producer stocks are down over 60% from their long
term sustained highs...
my intuition pulled this answer out of the blue;
the 'paper' gold, as in ETFs etc, is trading almost daily at a loss...
this fact in turn leads to many investors to redeem their shares in a big gold fund while the gettin' is still relatively good.
the managers must sell the major gold producer stocks to pay off the redemptions in their funds ...
All Along, there is a process of manipulation being played out,
and the desired result by the covert elites who are busy in their projects
is for the 20 or so major Gold producer stocks ... To Merge or be Aquired...
by other larger gold miners... so that only a manageable 9-12 major gold producers will control the whole global mining/storing/distribution of
[just like the Fed/Treasury is doing to the USA banking industry,
allowing only the "Sacred 9" to survive the crisis]
The trick is to force the markets to set the stage where only 9-12 major precious metals dealers are still around...
method: force the M&A of mining operations,
& force a consolidation of productive & proven mines,
As i see it, the masses are being scared away from gold funds,
so the crumbs can be swept into a pile...and from that pile of near worthless gold stocks, the elites will maximize their holdings very quietly...
& in about 3 years, when the real derivatives unwind & hyper-inflation hits from the $$4Trillions by both the EU & USA in saving the bank $$
Then it will be clear, just what was being played out all along,
with oil, gold, resources-commodities in general, versus the paper equity wealth
call it a rant or call it an insight...anyhow its been said,