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Gold/Mining/Energy : ECHARTERS

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To: rayy who wrote (1860)11/18/1997 4:52:00 PM
From: Bill Jackson  Read Replies (1) of 3744
 
rayy; It is a similar theme to what I posted on PFG on the 15th after hearing about the Swiss missing gold from Nathan. Years ago there was an oil scandal, with Billy Sol Estes selling oil in tanks that was not there. When they found no oil a monster short position appeareed and many millions were lost. I suspect and audit will happen and gold will fly.

Bill

To: +Nathanc (7748 )
From: +Bill Jackson Saturday, Nov 15 1997 11:28PM EST
Reply #7751 of 7785

Nathan, What if the vaults are empty?, Billy Sol Estes lives on in Switzerland.
This problem could occur at many vaults and only an audit will find it. 40% of their gold was missing. repeat that with a few others and with the stated short positions we have a big shortage of gold, and once that gets out
who knows???

Bill

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