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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?

To: Frank Pembleton who wrote (642)	8/26/2001 3:11:05 PM
From: isopatch	Respond to of 36161

The TWO $64 questions: 1. Do the big money players who aren't fully positioned for the gold Bull Market they know has begun going to just big the prices up from here? Or.... 2. Do they use their influence with their long time gold carry trade partners in the anti-gold governments to unload a substantial portion of remaining CB gold stocks under their discretion and thereby temporarily smash the gold price. Then they can buy huge quantities of bullion and gold shares at much lower prices vs having to bid prices higher from here. It's impossible to know which outcome will occur in the ST. So although I've got large gold stock positions, those holdings are balanced with plenty of spare cash in a treasury bill only MMF. That gives me the flexibility to either average up or average down if there's a big ST shakeout. My plan is to be ready to roll either way. Isopatch