MIRANDA--MAD ON VSE Message Board

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Gold/Mining/Energy : MIRANDA--MAD ON VSE

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To: Baywall who wrote (399)	12/4/1998 4:11:00 PM
From: Bill Jackson	Read Replies (1) of 462

Leonas, It is premature to speak of trenches and restivity readings as 100,000 to 1M ounces. However experienced people can draw comparisons to other areas they know and when those people make such utterances I am greatly encouraged. The $1000 POG, wild dreams. However with 8000 tons in effect shorted from central banks they have a tiger by the tail and cannot let go. Big problems arise when a second tiger appears?? I do not fully understand the ramifications of those people who borrow gold and pay 1% fee, leave the gold in the same vault and then sell it, sounds like Billy Sol Estes Lives to ride again. Has anyone done a real count and inventory of those vaults? You can place a tungsten or uranium core in a gold bar and the weight will be correct as will the size etc but it will be only 25% gold. the only way to tell is with a saw or ultrasound testing to catch the discontinuity between the gold and other metal. Some bars are getting sawed in retail trade, but bankers trust each other so much that you could probably get away with a cheat on that 75% of the gold that never moves anywhere. Them what counts the gold will know which ones to cheat with. Bill

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