Re: TURMEL: Money, Interest and Prosperity

On Fri, 07 Nov 2003 05:33:54 GMT, "Dan Parker" <[EMAIL PROTECTED]>
wrote:

><[EMAIL PROTECTED]> wrote in message news:[EMAIL PROTECTED]
>> On Thu, 06 Nov 2003 07:09:20 GMT, "Dan Parker" <[EMAIL PROTECTED]>
>> wrote:
>>
>> >Of course a simpleton would think a 100% control
>> >factor would be the only control factor to worry about.
>>
>> Do you know what "corner" means?
>
>It means there are monopoly forces at play.

No, actually, it doesn't.

>I think they are wrong that the game will be over.

Of course.  As long as governments are trying to convince people that
their toilet paper is "as good as gold," one way they will do that is
by trying to make gold look bad.

>> >You can look at the Great Depression for a more modern
>> >version of this (where gold was confiscated, by making it
>> >illegal for citizens to hold it).
>> >
>>
>>http://www.canadianactionparty.ca/MainPages/Comic.asp?Page=7&Language=Engli
>sh
>>
>> Forcible confiscation is not "cornering."
>
>No, it just helped the monopolizers is all, or led to cornering.

I agree.  But it was obviously done to _demonetize_ gold.

>> >I mean there is a lot more to this in terms of
>> >manipulation, but you fall on your face at the very doorway
>> >of saying gold cannot be manipulated in a major way.
>>
>> I didn't say that.  It can be, has been, and is being manipulated.
>> But it can't be cornered.
>
>I think you are splitting hairs regarding the negative effects
>that the gold standard leads to.

I don't think so.  And what negative effects?

>[v]  gain control over; "corner the gold market"
>
>http://www.hyperdictionary.com/dictionary/corner
>
>First try on google. Gain control over.  100% controls
>sez GATA, but even 70 or 80% control is way to much.

To corner is to control 100% of market supply.  There is just no way
to do that with gold, because inventories are just too big.

>I think the silver
>cornering failed.

Bingo.  And cornering gold would be orders of magnitude more
difficult.

-- Roy L