GOLD: DEAD CAT BOUNCE

by Younge, Friday, February 10, 2006, 19:45

Some posters have been bad mouthing the US dollar
over and over with never a squeak for its defense posted. In an effort for equal time and to KISS:

Item 1) Over the last 12-months the US Dollar Index
(A basket of iternational currencies), has increased 7% while showing stability the last 2-months. For most US Citizens that is good news.

Item 2) Yesterday for the first time since '01 we auctioned off 30-year bonds. The bidding was VERY ACTIVE! Interest rate was lower than short term!
Sure the USG was probably a bidder, but most were international banks and institutions. For most US Citizens that was good news.

Some might say: the banksters are circling the wagons. Or perhaps it's The Bigger Fool in action.
But lets say: Many people of knowledge believe in the long term value of the US$.

As for the decline in gold that's good news for most US Citizens. Just as all that intelectual hot air about $100 oil by the end of 2005 was hot air saving heating costs, more good news.

As for the "Dead Cat Bounce!" that was a tease, I have no inside knowledge. I do know, that the MAN owns a printing press and he can buy all the gold he wants!

The MAN is very active pro and con on the gold scam, and controls both sides of the issue.

"When you sleep with dogs, you are liable to arise with flees."