http://www.theundergroundinvestor.com/2006/10/a-prince-bandar-bin-sultan/ The definitive investment blog for investment news not discussed in the mainstream media Wed, 10 Mar 2010 10:39:55 -0600 http://wordpress.org/?v=2.9.2 hourly 1 http://www.theundergroundinvestor.com/2006/10/a-prince-bandar-bin-sultan/comment-page-1/#comment-1272 The Zen of Investing - SmartKnowledgeU™ » A: The Real Deal About Gold and Energy Fri, 12 Jan 2007 10:25:11 +0000 http://www.smartknowledgeu.com/blog/2006/10/11/a-prince-bandar-bin-sultan/#comment-1272 [...] Although record warm winter temperatures all over North America and in parts of Europe have undoubtedly contributed to downward pressure on crude oil and natural gas futures, I’m not buying at all that this is solely responsible to the downward pressure as all mass media is reporting. The buildup in natural gas and crude oil reserves have changed significantly in the past without the impetus of abnormal weather temperatures and are also open to manipulation by the cartels and governments that control them. Just as the media always simplifies the dollar- gold relationship as the dollar goes down and gold goes higher, they simplify all economic relationships to black and white all the time. This is what people understand and this is what sells, even when it is far from the truth. There will come a time when the U.S. Fed raises interest rates, and gold will still continue to rise. It’s happened before for periods of time and it will happen again. [...] [...] Although record warm winter temperatures all over North America and in parts of Europe have undoubtedly contributed to downward pressure on crude oil and natural gas futures, I’m not buying at all that this is solely responsible to the downward pressure as all mass media is reporting. The buildup in natural gas and crude oil reserves have changed significantly in the past without the impetus of abnormal weather temperatures and are also open to manipulation by the cartels and governments that control them. Just as the media always simplifies the dollar- gold relationship as the dollar goes down and gold goes higher, they simplify all economic relationships to black and white all the time. This is what people understand and this is what sells, even when it is far from the truth. There will come a time when the U.S. Fed raises interest rates, and gold will still continue to rise. It’s happened before for periods of time and it will happen again. [...]

]]>