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Pastimes : A Jackass, his PAL(indrome), and GOLD

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To: Cactus Jack who wrote (583)2/5/2003 9:58:46 AM
From: Jim Willie CB  Read Replies (2) of 1210
 
a few quick thoughts on PM stocks lagging the metal

- fear that gold cartel will hammer the gold price down
- enormous short positions in stocks, complementing futures
- expectation of some resolution in Iraq within a few months
- concern that hidden hedgebooks could damage stock prices

but imho, my basic belief is that a monstrous COILED SPRING is being wound up, soon to be released on the futures and stock markets
ESPECIALLY THE MINER STOCK MARKET

a bigass short squeeze is coming to stocks in gold & silver miners

big big big
/ jim
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