VOLTAIRE'S PORCH-MODERATED Message Board

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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: Jim Willie CB who wrote (52576)	6/4/2002 9:15:30 AM
From: mt_mike	Read Replies (1) of 65232

JW, keep the good information coming. I agree with you that the disinformation campaign is next. Based on the recent GS downgrade I would say it has already begun. I recently sold a small portion of my positions in precious metal stocks and rolled the proceeds into gold and silver eagles and maple leafs which are now sitting in a safe place. I am not sure about a central bank bailout. I think they would like to help out JPM and its cronies but I think they realize the situation may be helpless and out of their control. I do not believe central banks want to give up any more of the gold they control. Can you see AG in front of Congress explaining why they sold the majority of the governments gold in order to supress gold prices and artificially inflate the dollar. It is not very often we get to watch history unfold. The next few years will go down in the history books. I saw a great quote that described the 90s "the greatest transfer of wealth from individuals to investment bankers and CEOs" all engineered by Robert Rubin.

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