TODAY'S DISCOVERY, TOMORROW'S FUTURE

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Message: Re: Goldbulls drunken thoughs
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May 30, 2008 09:03PM

May 30, 2008 10:54PM

May 30, 2008 11:22PM

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May 31, 2008 12:53AM

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May 31, 2008 09:39AM

May 31, 2008 11:22AM

May 31, 2008 11:32AM

Isn't it interesting that KXL won't trade at $2?



I remember looking at the long term chart a while back when the $2 area looked gigantic to me, a massive potential buying area. The market knows this and that's why the stock won't come down anymore. It just seems unbelievable to me that with all the property in possession of KXL within the 5th largest historical gold producing area in Canada and gold up so high that shareholders have to look at these ridiculously low prices while making, possibly, these same owners wonder, what's wrong?



I have a theory that the hedge funds control most of our sector, they certainly have the cash to do it and the know how to cheaply make money on the downside with their unregulated naked sales. It wouldn't surprise me if many of the prime brokerage firms were involved as well, in one way or another, in the suspected price suppression travesty. The Overstock.com successful lawsuit in San Francisco's Superior Court against prime brokerage firms proves that some had a hand in wrong doing with some of their customers concerning naked shorts. I suspect that these entities get their direction from the bullion banks who are controlled by the main puppetmasters who are now in a fight for their lives with the expanding credit crisis just to maintain the confidence in their fiat currency, the U.S. Dollar.



Low priced juniors and explorers are manipulated lower to break the confidence, that there is a way to hedge against price inflation for people who find gold too expensive. If the word gets around that this group is producing new millionaires then more and more money will be diverted into the sector and out of the banking system. Believe me, this is Fed's greatest fear that gold and gold related stocks will be wanted by all and that the people will shun their fiat currency. So, the Fed and their buddies do what they have to do to maintain confidence in the currency and they will continue to leave gold and the related companies in their gun sights.



The Fed is back peddling to keep the system afloat with massive injections of money, thus expanding the oustanding amount of circulating dollars. This was never the problem of the people but the regulators who didn't carefully keep an eye on the banking industry when their greedy lending practices got out of control along with all the OTC derivative counter parties that can't satisfy their agreed upon obligations causing more financial imbalance in the system.



Paul Van Eden in a recent CNBC interview stated that if the Fed had not been consistently increasing the float of dollars since 1970, then the price of oil would be only $13 a barrel today. He acknowledged that the demand/supply deficit had something to do with the price increase but the Fed was the main culprit, in so many words. One of the CNBC commentations reacted to Paul's statement by expressing her opinion that she was taken back, or something to that effect, at Paul's aggressive stance concerning the Fed. Don't kid yourself, I believe, one of the puppetmasters strings is attached to that station and I'm not the only one that sees it that way, you may too.



Somewhere along in time when the jig is up and precious metal prices readjust to where they should have been all along based on inflationary growth, especially gold over $2,000, the hedge funds and all the other miscreants that have been taking orders for profit "from above" in pressuring the juniors and explorers will reverse their short positions and go heavily long when they see the gold train of higher prices arriving at the station. I wouldn't be surprised if the process from changing shorts into longs hadn't already begun. Certainly, the current dismal price environment supports this change, especially now that the gold prices are catching their breathe within the current bull market.



Shareholders have to be LONG and STRONG during these trying times of one of the most outrageous control schemes in market history. I have great respect for all shareholders in the juniors and explorers who have fought off their frustrations and continue to keep the faith. In the end, you will all be rewarded in spades.



The best to all shareholders in all precious metal related companies.











I believe all this is orchestrated from the "very top" in their efforts to spin the truth away from precious metals and all related companies.





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