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To: pater tenebrarum who wrote (122666)	9/17/2001 10:00:30 AM
From: Oblomov	Read Replies (1) \| Respond to of 436258

Heinz, welcome back... My understanding is that the bulk of the adds were in overnight term repos. So, the money added is simply taken back out of the system the next day.

To: pater tenebrarum who wrote (122666)	9/17/2001 10:00:54 AM
From: Lucretius	Read Replies (2) \| Respond to of 436258

this is ugly

To: pater tenebrarum who wrote (122666)	9/17/2001 10:02:34 AM
From: hunchback	Read Replies (1) \| Respond to of 436258

Nice to see you again! Gold warehoused at COMEX as of last Monday (9/10/2001) was a registered total of 792,170 oz of which, only 82,074 oz were available in case a futures buyer wanted to take delivery. At 100 oz per contract, this represents only 820 futures contracts (about $23 million). Under normal circumstances, apparently COMEX believes this to be a reasonable amount of eligible inventory. But these are not normal circumstances for (3) very important reasons: The financial crisis that results from Tuesday's terrorist attack has a very high potential for causing Gold demand to increase substantially -- even if Central banks intervene by selling more Gold. The blanket Congressional approval to back the President ".. by what ever means necessary.." may be interpreted to mean that US Gold may also be sold. A large portion (if not all) of the COMEX inventory lay under hundreds of tons of WTC rubble, so they cannot deliver physical gold even if they wanted to. September Gold futures expire on September 26, 2001 (next week) -- in 1999, there was a substantial price spike resulting from insufficient Gold inventory and short-sellers (ie: Goldman-Sachs) being forced to buy physical spot Gold to make delivery. geocities.com

To: pater tenebrarum who wrote (122666)	9/17/2001 10:06:13 AM
From: Haim R. Branisteanu	Read Replies (1) \| Respond to of 436258

Heinz, are you buying for a "pop" I bought VSH and thinking to buy more for $1 to $2 pop, may be will buy also QQQ. Haim

To: pater tenebrarum who wrote (122666)	9/17/2001 10:08:54 AM
From: John Madarasz	Read Replies (2) \| Respond to of 436258

Heinz...I agree totally. The following state of affairs was occurring BEFORE that 200 billion entered the system... ..."the most recent total amount in reverse repos from large commercial banks which represents collateralized borrowing of funds by broker-dealers to finance their activities" has risen above the previous record level of Y2K... basically an unsustainable state of affairs. Dire consequences indeed. I've noticed sooo many major world indices breaking, or ready to take out their L/T weekly/monthly rising trendlines... Canada, FTSE, DAX, Mexico, Isreal, Greece, Italy, Austraila etc. It's obvious now for all to see, these are anything but "free" markets as evidenced by the FED intervention. Not even close.