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To: Crimson Ghost who wrote (93346)	8/9/2001 10:00:43 AM
From: Edmond Katonica	Respond to of 95453

George I think you are right,but Xmas season is a very high demand time. That may help No / Yes

To: Crimson Ghost who wrote (93346)	8/9/2001 6:52:19 PM
From: SliderOnTheBlack	Read Replies (2) \| Respond to of 95453

The "Canary in the Coal Mine" aka GOLD... ...must be contained, managed & surpressed at all costs - whilst the US Govm't talks one game (Strong Dollar Policy), yet plays another (a gradual walkdown of the USD). Corporate America is screaming for a weaker dollar - and not just "weaker" - but, saying it's at least 20-30% over-valued presently....and it is. I know it is, you know it is & Greenpimp and Paul O'Neil know it is. Greenpimp know's it must come down, but he also knows the US can NEVER verbalize a weaker dollar policy...we know what happened the last time. Greenpimp & Co will manage the gradual descent of the Dollar and the cooresponding gradual ascent of GOLD to Jack Kemp, Larry Kudlow and Steve Forbes & Co's call for $350ish - as a proper market signal of adequate liquidity. The Dollar is in trouble & they know it... that's why they trotted out the "Rat Bastard of all Rat Bastards" - Bob Rubin here of late. It's a violent contraction/dollar meltdown that will trigger a derivative induced crisis of LTCM-esque proportions that they fear. But, have no fear - Corporate America will get it's 20-30% weaker dollar - they have to...Greenpimp has no choice & he's running out of both time & rate cuts... AND Kudlow, Kemp & Forbes will get their desired barometic liquidity reading of $350 GOLD...it's when, not if. That Mr. Cole is why the evil empire of the IMF & Goldman, along with Greenpimp, are working ohhh so hard in finding anyone from Putin to Paraguay's CB to either talk gold down, or "Stand ready to lease gold into the market"... George you've been around the market block a few times...this is an incredibly complex timing issue - on "WHEN" Gold will make it's move; but it is NOT complex at all, on "WHY", or "IF" it will make a move... it will - bank on it ... and it will be a big 'un when it does...and before it's over. That's why one must have a bit more than the standard "hedge" position imho.... 5-10% traditionally, but perhaps a 15-20% core position is prudent for most here, given present circumstances and for those that know when they are seeing a historic market opp... then it's a portfolio weighted trading opp for those with the risk tolerance & trading ability.... I hope to be 60-75% PM weighted during the XAU 50-100 move and if silver continues its slide - I'll be there soon - as Warren Buffet is rarely wrong...just early (VBG)and silver is a no-brainer buy here on any & ALL further weakness. See you at the top ~