Find UFOs, The Apocalypse, New World Order, Political Analysis,
Alternative Health, Armageddon, Conspiracies, Prophecies,
Spirituality, Home Schooling, Home Mortgages and more, in:
Rumor Mill News Reading Room Archive
WILL GOLD HIT $ 5000 p.Oz? AL MARTIN MADE UP INTERVIEW?
This "Gold"-thingy gets more and more interesting. See what is stated about Al Martin in the article below. Did he deliberately alter an interview with funds manager Julian Robertson?
Global Economic Collapse Friday, June 03, 2005
AL MARTIN of almartinraw.com has written an article about an interview on CNBC with the renowned funds manager Julian Robertson.
Julian Robertson formerly ran Tiger Management, the world's largest hedge fund.
After doing more research into this story I think it may have been partly
made up by Al Martin of almartinraw.com where we sourced the interview
quotes.
We have found an interview from the 24th of May 2004 with Julian Robertson
on CNBC which is very different to the one that is quoted on
almartinraw.com.
Here is some of what Julian Robertson really said:
He said "I am more disturbed than I have ever been in my investment
life about what lies ahead, the American consumer has driven the world
and the American consumer is out of gas and he is also involved in a
housing bubble that puts his very dwelling at risk, and it worries me
about what lies ahead because I don't see any easy way out.
I really don't know. I think there will be an effort made to inflate
our way out. I think that effort is being made, has been made and
that's why the dollar has weakened so much against other
currencies,..."
However, the comments about gold hitting $3000 and $5000 an ounce still stand.
Do a search and find the graph(t). The Clinton prosperity was an economic Potemkin Village.
This will take you into the hedge books of Barrick's and the carry trades that developed around bullion bank gold leasing and interest rates, beginning in '94, with Larry Summers (Harvard Business Corp. / Endowment) and Bob Rubin (Goldman Sachs) and the Rape of Russia
.
"Forecast" is a reflection of the commodities futures options market. Backwardation (lower price 30+ plus days out versus spot) means intervention by shorts in the market. No way could PHYSICAL gold be this cheap against the Dollar otherwise, unless the "law" of supply & demand has been suspended.
