I must admit that with several monitors on, I wasn't listening too closely. Early on, I noted the guest " even though he is from Texas -- was not going to guarantee I'd get rich in 2006.

I didn't catch the man's name, but he represented something called:

GOLD ANTI-TRUST ACTION COMMITTEE, INC.
Suite 1203, 4718 Cole Avenue,
Dallas, Texas 75205
www.gata.org

I did hear enough to tell me he was warning the world of conspiracy against gold, however.

And that made me think about just whom are those "commercials" that are short a gazillion gold contracts on COMEX?

Really, truly, I'd like to know. So if you know for certain, please send me a note.

Could it be the "Gold" man Sachs? I mean it does make sense for the "Gold" man to buy the future delivery of gold from goldminer producers stupid enough to not close all forward sales in a gold bull market.

After all, who better than the "Gold" man to hold all that gold, and to periodically put out SELL Recommendations on gold to drive the futures lower, where they could then buy back their shorts at cheap prices, staying long the bullion ahead of Judgement Day.

I mean, who's pulling the strings at the NYSE these days, CEO and Archipelago et al, and even making it into the nightly prayers of the world's number one writer of "business" books these days? Yessiree, that's the "Gold" man.

There is nothing like a good gold conspiracy theory. Over the years I have heard the same one. Has something to do with a Tri-Lateral Commission I think.

Come to think of it, maybe the "Tri" stands for the "Gold" man Sachs, the Fed, and the White House!

Hmmm. You remember Bill Clinton's master Bob Rubin ("the best Treasury Secretary since Alexander Hamilton") who was, prior to moving into Clinton's White House, the Co-Chairman of... you got it, the "Gold" man Sachs. And upon leaving it was handed a title something like "Chairman of the Executive Committee in the Office of the Chairman", which I guess if GS was the U.S. of A., would make Bob the President of the Free World.

Oh, my. What a bunch of navel gazing.

I see that Bob Rubin is also a Director of Pete Peterson's Concord Coalition, which had an interesting confab recently. I think you'll enjoy the conversation transcript.

Please go directly to the first statement from Bob Rubin, and tell me it's not something you've heard me harp on for most of this year. And btw, Bob Rubin is a much smarter guy than I, and in my view truly a Great American " not one of those fakers they give that label on CNBC.

As I say, it's my blog, and my view. Others have their own. Those are the people who rather like the lemonade being served today.

It's interesting that CNBC's Maria Bartiromo has written an interesting piece this week (Dec-19) in Business Week, called "Bob Rubin's Red Flags". This too is a must read.