InvestorsHub Logo
Followers 30
Posts 636
Boards Moderated 0
Alias Born 07/07/2002

Re: lee kramer post# 152819

Saturday, 09/20/2003 8:38:25 AM

Saturday, September 20, 2003 8:38:25 AM

Post# of 704019
Lee, Atlas Shrugged was never made into a movie. You might be thinking of The Fountainhead which was a movie starring Gary Cooper.

The excerpt of the speech on Money is a classic, but as offered it losses its value, fed res posted only that which his spin wanted to promote.

Gold cannot be considered in the same light as it was in the 30's. Just as Greenspan said in his piece excerpted "you cant cheat Supply and Demand" Gold is unsuitable for its proported role as a backer of currency. There simply is not enough Supply, and any return to a gold standard would increase the degree of hegemony of the few over the many.

On the other hand Gold has its own supply demand metrics; and it is currently in Surplus relative to those metrics.

Too many here dont have the discipline to seperate the issues; being content to latch onto a parsed phrase and adding their own context.....too bad, so much potential is lost this way.


Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.