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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: Jill who wrote (51455)5/14/2002 11:21:48 PM
From: Jim Willie CB  Read Replies (1) of 65232
 
I read Droke's silver article today, bullish reality
silver is about to catch up with gold, for sure
the article is brief, clear, convincing
the chart includes is massively bullish
I see $6 right around the corner
with $6.30 by early summer

Droke is a sharpie
check the same website with the article for his others
I have read several of his lately
they are not the least bit optimistic about US stocks or bonds
I think he is somewhat extreme, but very competent and lucid

the main question in my mind is the potential for silver to lift gold
we all know how silver benefits in the wake of gold rallies
but can silver lift gold?
I think it can, but to a much lesser extent
it will attract interest in gold during this pullback

clearly the silver miner stocks are indicating a bustout
SIL touched 14 yday and today

we cannot dismiss the harsh reality soon to befall the Gold Cartel
JPMorgan is soon to feel some massssssssive pain
their closed gold trading desk must be cleaned up
the cleanup process will rattle the walls at Comex

/ jim
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