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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: Clappy who wrote (50810)5/2/2002 12:02:45 PM
From: Jim Willie CB  Read Replies (1) of 65232
 
two weeks ago you said same wrong stuff on gold, KlapTrap

you said the runup in gold to 307 would lead to strong correction
that was April 10-12th or so
it came back to mid-290's then up to 311
every day over 300 causes serious ruptures inside bullion bankers derivative books who are cooperating and engineering the gold cartel's game

next stop for gold is 325
then comes the short squeeze of large proportions
once at 350, a move will be fast & furious to 500

I hope we see a correction back to 285 for a while
I hope this Mother of All PM Squeezes is long delayed
I doubt it will wait

JPMorgan's Demchak resigned last week
he was VP of global finance and credit
could it be that he exited before bigass squeeze???
I have said for two months that JPM gold shorts will blow up in their faces
my broker thinks it happens with gold over 310
we are starting to see that, and maybe cracks inside JPM

my sincere expectation is that at each strong rise in Gold,
you will be saying the same thing for the next 18 months
/ jim
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