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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: Wharf Rat who wrote (49963)4/12/2002 1:52:27 PM
From: Jim Willie CB  Read Replies (2) of 65232
 
China: key participant to final silver holdout, then volcano

these guys are some of the shrewdest players on the planet
they hold back on grain purchases, pitting Canada versus USA versus Argentina...
only to get the price to drop and a sale landed from USA

they hold back on soybean purchases, spread rumors in Comex pits, then arrive with both hands on big buys quietly

Hong Kong provided Beijing with vast experience in buying and selling commodities
this will extend to gold and silver

they will be a key participant imho in the final silver holdout, as soon as they smell the end is nigh
and they will profit handsomely

once again, the USA Govt is STUPID
they are selling gold and silver at low prices
they will repurchase at a much higher price
the USMint announced in Feb02: we are out of silver

EARTH TO INVESTORS: buy silver !!!
its price will approach that of platinum, palladium
/ jim
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