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Politics : Stockman Scott's Political Debate Porch
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To: crdesign who wrote (2833)7/24/2002 3:35:10 PM
From: Jim Willie CB  Read Replies (1) of 89467
 
talked to my smart AU/AG/coin dealer today, perfect so far

in first week of May he said
"gold will break resistance at #310 very soon"
it did within 10 days

in mid-May he said "gold will get stopped at #325-330"
it did just that at the end of May

days after it came off the high he said
"gold will hold #310 for sure, and not touch #300"
it did just that so far

today he said "gold held #310 today, and will continue to hold"

I asked him to go out on the limb for the next several weeks
he said "gold will come close to #330 in August, sure as shooting"

I asked about the end of the year and he said
"we are going to bust above #330-340 convincingly"

sounds good
so far he has a perfect record
he thinks JPMorgan is dirty as hell
he thinks Congress has no desire to learn about gold scandal
he thinks JPM and Citi will slowly deteriorate
/ jim
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