disparity between pog and gold shares, page-2

  1. dub
    33,892 Posts.
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    G'day Eric,

    RR is great. Used tos ee the occassional one from Chuck, then from Anna and now you ..... .

    Here's a Sinclair email from last night.

    ****************************************
    Re: Chairman's Corner - Tuesday, December 17, 2002
    Fed Governor Bernanke November 20th speech.....
    ===========================================================================
    Dear Friends of TNX:

    Fed Governor Bernanke in his November 20th speech on the actions of the Federal Reserve System and deflation noted that in 1930 the US Federal
    Reserve purchased gold as an anti-deflation weapon.

    This statement was made when he was outlining tools available to the US Federal Reserve to fight deflation today.

    It may well be that a strong gold price is now a tool of
    political necessity. If it was not then he would not have mentioned it. The tide may very well have turned. It certainly makes the Prechter's deflationary bearish arguments that have been a concern of the gold community hollow.

    Regards,
    Jim

    ===========================================================================
    Copyright (c) 2002 TAN RANGE EXPLORATION CORPORATION (TSXV-TNX) All rights
    reserved.


    *****************************************

    bye.dub
 
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