Re: Gold Cartel - Nessus
in response to
by
posted on
Sep 18, 2009 08:46PM
Golden Minerals is a junior silver producer with a strong growth profile, listed on both the NYSE Amex and TSX.
Hi Nessus,
DCFM is correct in my opinion when he stated that the Carlyle Group is "on the right side of the credit derivative crisis". In March of 2008 Sinclair provided an information session in Toronto to which I attended and told everyone there that the people involved with Carlyle are at the top of the food chain and are pulling the strings with Barrick in a plan to eventually consolidate the entire gold producing market.
Here is some of what he said that night...
I am Not in the conspriacy business....I have friends that fight that battle. I only provide facts that I know through contacts, research, and years of experience.
I don't believe....I KNOW and I have for a long time that Gold would go to at least $1650.
Once we get to $1650 I will take you one step at a time beyond that.
2011 is when this WILL happen based on hard market basics....not pulling from hat.
My suggestions are conservative, no pressure. Please get your house in order.
Unlike 1980 after gold finishes it's great move - it will NOT go down. When many gold mining companies hedge their gold who is taking the other side of the deal??? - it's pretty much the same group Each time. When Ashanti Gold blew up do to their gold hedges a few years ago the details showed that Goldman Sachs was first adivsor....but was just acting on behalf of another entity...."The Carlyle Group"....This is the company that is literally acquiring the world's future gold production through contracts with mining companies. This is NOT a conspiracy, it's not only legal, it's Brilliant !
This group is so powerful that they will NOT allow 1980 Gold drop to occur this time. They have so much at stake already, it won't be a replay. Gold won't crater. US Dollar won't tank completely as this company has and will have the majority of their wealth denominated in it.
This is why I say that Silver is a game. Though it will probably outpace gold on a percentage basis - it will drop and gold with stay high. However, a lot can be made in Silver but it's not the same situation as gold.
A new Vehicle will be introduced into financial markets.....just as Gold hits it's peak in early 2011. It will probably dip just a tad from there but this new vehicle will be financial instruments attaching the US Dollar to the gold price. The currency will IMMEDIATELY be strengthened and bad perception changed overnight. US Dollar collapse stopped and bull created. THIS WILL COME TO FRUITION.
Price is Preceding Time .......so this would say that my $1650 is conservative as my target is based more on the time of the event in 2011. ---- I will take you through it all and tell you within 50-100 dollars of the peak of Gold.
No particular gov't admin set this up, they have just been chapters that have been in the works for a long time.
How do I know this? I have connections in the highest places that have told me and have now allowed me to talk about it. .......IT IS COMING - it matters not who knows now.
Weimar Republic Experience is the closest thing to what we are in. The Germans purposefully devauled their currency but it got out of hand and they couldn't control it. Their currency went to zilch. The USD decline could also get out of control........BUT that is exactly why they have the new mechanisim in place !!!!!!