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To: Sunny Jim who wrote (80063)	3/14/2001 10:31:14 AM
From: pater tenebrarum	Read Replies (2) \| Respond to of 436258

there's a huge 'invisible' short position in the form of gold loans - the gold carry trade. in the reports only the spec short position on the COMEX is referenced (which as it were just came off a RECORD high). when the gold carry trade was close to getting busted in '99, the bullion banksters expanded their gold derivatives holdings by HUGE amounts...so there's a whole load of 'paper gold'...but the real thing is in a severe supply/demand deficit. which is worsening, the longer the price stays artificially suppressed. see for more info: toqueville.com goldensextant.com PS: to say that they can't all be idiots, oh well...they CAN! and in the department of propaganda, the interests aligned AGAINST a higher gold price (which would hurt them financially) are much more powerful than the handful of goldbugs left....however, the market tends to win out in the end, no matter how powerful the vested interests trying to manipulate it.