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Gold/Mining/Energy : Gold Price Monitor
GDXJ 97.81+0.9%Nov 19 4:00 PM EST

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To: Enigma who wrote (59383)10/5/2000 10:59:09 AM
From: SliderOnTheBlack  Read Replies (2) of 116762
 
Enigma;

Numerous newspaper articles on Rubin/Citi & the ECB leak...

The "ESF" is not a figment of anyone's imagination; but by its charter - they "intervene" to "stabilize" markets. It's their lack of oversight that should cause one to see manipulation in place of intervention...

Also, is "intervention" not at least a kissing cousin to "manipulation" ? - ie: via bailing out LTC, via propping up the US Equity Market, the US Dollar - via shorting Gold to quash inflation fears over Oil Prices (that "don't matter" anyway VBG)?

The Kudlowites of the world had to be able to point to Gold and say - "hey; look at Gold, it's dormant - there can't be any inflation if Gold is not reflecting it, Oil doesn't matter in this new paradigm productivity economy, or Gold would reflect that fear etc"....

They also had to have a weak POG to keep King Dollar; but too many holes in the dike here & not enough fingers; all the kings horses & all the kings men - aren't going to keep this dike (the US Bubble Market/King Dollar) together much longer and Inflation was acknowleged by the ECB today; and they're saying that the Euro zone growth will surpass the US growth rate in 2001. The flight from King Dollar "aint" far away.

The writing is on the wall folks; Euro has bottomed/US Dollar has peaked & that's great news for Gold.

Now; should Oil spike to $40-$50 this winter & should we see a "Black October" correction in the US equity market; that Yellow Fury called "Gold" gets unleashed... and the Gold Carry Trade & Citi, Chase, JP Morgan & Deutsche will get to feel some LTC-esque Derivative pain; soon, very soon...

XAU 40-45 if seen; will represent a historic sector opp similar to OSX 50 & what $10 Oil did just 2 "Black Octobers" ago...

Gold's been the "new paradigm/bubble" whipping boy long enough - time to lay the serious money on the Yellow Dog - yes; I know he's been sleeping on the porch for 6-7 years; but he's waking up & he's foaming at the mouth & teeth barred; he aint takin it no mo... don't mess with the Yellow fightin' Dog here !

Play; Black to Yellow Gold & Short the Bubble - it's just that simple.
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