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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: Voltaire who wrote (50702)4/30/2002 2:25:35 PM
From: Jim Willie CB  Read Replies (1) of 65232
 
precmetal pros think gold rises until 2005
they are experts in the field
plenty of resting points along the way, like midApril
with price target anywhere from $800 to $2500
personally, I see upper end
far too many forces, both structural and emotional

distrust and disappointment with stocks is huge
as the dollar gathers speed downhill, gold will surprise even the experts on its breathtaking rise
the whole world trades in dollars, their gold impostor
as the dollar declines further, US stocks will come down hard

two months after gold busts the Gold Cartel,
watch silver absolutely EXPLODE like a feckin volcano
I expect before early next year, the aboveground supplies of silver will be almost totally gone
gone, gone, gone, as in byebye
then comes the reality of the Silver Cartel
managed by the major silver mining firms, to keep price up

Savoie believes after 90% of the silver in those mines have been dug and produced, that the same mines will be worth as much as they were when first put into fullscale operation
in other words, PERPETUAL RISING SILVER PRICE

check this out, clearly some hype, maybe much truth:
silver-investor.com
/ jim
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