Stockman Scott's Political Debate Porch Message Board

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Politics : Stockman Scott's Political Debate Porch

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To: Boplicity who wrote (8)	6/6/2002 11:44:55 AM
From: Jim Willie CB	Read Replies (1) of 89467

DIRE DOLLAR quotes.ino.com critical support is regarded at 111.8 Garzarelli believes "GOLD GOES BALLISTIC WITH US$ UNDER 111.8" it has closed under that level around 4 times now it fell out of bed today Asians now control gold yesterday's attack on GOLD was from the PaperGold camp 5000 gold futures contracts sold aftermarket looked like an ambush curiously, done in offmonth contracts (not Mar,Jun,Sep,Dec) which results in greatest impact on such contract prices but does little to deter the metal market I cannot piece together the entire motive of this act except to notice it was coordinated with the Johannesburg news all South African mines will become nationalized this will gaurantee partial inhibition of gold supply from inefficiency, from poor mgmt oversight, from redirected capital toward exploration and development, and best of all... from lost confidence by capital markets via equity issuances of secondary nature (not IPO) as long as gold is not attacked from the MetalGold camp, this young bull rally is intact the media has not figured it out yet GOLD IS TRUE MONEY, DOLLARS ARE SUBSTITUTE MONEY this is a worldwide flight from substitute fiat currency I expect this movement to gather steam and attract world attention from a GOLD DERIVATIVE EVENT soon / jim

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