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Politics : Stockman Scott's Political Debate Porch
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To: Softechie who wrote (10529)12/16/2002 2:02:09 PM
From: Jim Willie CB  Read Replies (1) of 89467
 
I think gold will hit #380 before end January
and #500 minimum next year, maybe #600
a major squeeze is on

the total shorted gold amounts to 10,000-16,000 tons
that is 4-6 years of world production
that is 2-3 times the combined world Central Bank holdings

I expect gold will surpass #1000 before June 2004
and likely will go even higher amidst a monetary crisis
a crisis is gauranteed, the extent is not clear
/ jim
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