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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: t2 who wrote (51598)5/17/2002 11:36:57 AM
From: Jim Willie CB  Read Replies (2) of 65232
 
remember what Newmont CEO said on what is pushing GOLD
in order of influence:
1. unwinding of hedges
2. Japan investors
3. broken supply dynamics from years of low price

hedging helped to drive down price
now it will work to expose the corruption
USdollar is breaking down before our eyes
this decline has NOT been all that gradual
some significant downward momentum

as for source of info on 25% foreign stocks, not sure
but read that figure in 3-4 different sources
Puplava, Droke, Hamilton, Taylor, the monetarists
are you telling me Europeans dont own CSCO, IBM, SUNW, EMC, INTC, WMT, JPM ???
/ jim
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