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

To: Step1 who wrote (3743)	11/8/2001 12:27:03 PM
From: isopatch	Read Replies (1) \| Respond to of 36161

Coordinated worldwide prop job continues. UK & EU cuts of 1/2 pt each were larger than expected. AND sure enough the classic finger prints of a PPT body slam are all over todays drop in gold to prevent reaction to US, UK & EU massive combined rate cuts. <The Fed cut its target on Tuesday to a 40-year-low 2 percent and left the door open to another cut if economic data don't show many signs of improvement.> IMHO, as long as there remains gold in the IMF stash the manipulators can lease out, the game of total market control will continue to be successful. But boy, would I love to get a peek at hose IMF gold ledgers to know for sure how much sand is actually left in the hour glass<g>. As Slider has aptly pointed out many times. "It's only a question of when, not if. Tic toc". <...the number of Americans who continue to collect benefits rose by 34,000 to 3.72 million or the highest since April 1983 when the economy was trying to find its legs after a recession.> So expect more currency debasement in the future as the confetti printers continue to frantically fight this massive deflation and compress the spring on gold which thrives on severe deflation as much as it does inflation. marketwatch.com Isopatch