get ready to under-perform, page-5

-3 so I'll repeat it LOUD and CLEAR just in case the downrampers didn't get the message.

10 of the 15 HUI stoks rose by 4% or more last night.

But we are meant to be happpy with a 2.31% rise in LGL and a 1.12% rise in NCM - our two leading gold stocks.

Something seems not quite right to me.

Let us NOT FORGET the gold suppression scheme with Barrick allegedly implicated in it. What Barrick pleaded is on the public record.

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"Barrick Gold, the biggest hedger (short) among the gold miners, confirmed all this when it announced some years ago that most of its gold loans had 15-year terms and were what the company called “evergreen” — always allowed to be rolled over year after year so that the gold never had to be repaid as long as Barrick paid the tiny amount of cash interest due on it every year.

Barrick is short more than 9 million ounces of gold and until a few years ago was short much more than that. Who would lend so much gold indefinitely and for a mere pittance in interest? Only a central bank that meant to suppress gold as part of a scheme to keep government currencies and government bonds up and interest rates down.

That is, gold is only the tail on the dog here. But it’s a very strong tail.

You can find more detail about the gold price suppression scheme here:

http://www.gata.org/node/6519

One more thing. I should have added that in defending against Blanchard & Co.’s gold price-fixing lawsuit in U.S. District Court in New Orleans in 2003, Barrick went so far as to claim to be the agent of the central banks when it leased and sold gold and to share their sovereign immunity against lawsuit:

http://www.gata.org/files/BarrickConfessionMotionToDismiss.pdf

-Chris Powell, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc."

The above is at http://fofoa.blogspot.com/2009/02/gold-price-suppression-explained.html

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Obviously the downrampers who gave my previous post a -3 are thrilled for our gold stocks to not be performing as powerfully as HUI stocks.

I repeat.

SOMETHING SEEMS NOT QUITE RIGHT TO ME.

I also expect the gold downrampers - the paper bugs - will get their just deserts. Kharma will come their way.