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

To: Paul Shread who wrote (4558)	11/28/2001 4:13:41 PM
From: SliderOnTheBlack	Respond to of 36161

another reality check... businessweek.com I've loaded more NEM KGC PAAS here on this pullback. This is as much of a spin-doctored/manipulated market sentiment as I can ever remember. HOPE is all that this expected economic recovery is based upon... no reality, no tangible evidence; merely hope... NEVER has the US Equity market offered so much fundamental risk; at such POOR VALUE... ENE derivatives debacle, Argentina, Japan, ramping layoffs, pro-forma-schmorma earnings,still mania-esque valuation multiples, collapsing debt/credit crisis,fiat funny money presses running 24x7, terrorism etc... It is no longer: "Gold; when, not if..." Rather, it is now: "GOLD; IT'S TIME HAS COME ~" tic - toc` How much 'ya got ?

To: Paul Shread who wrote (4558)	11/28/2001 4:47:58 PM
From: isopatch	Read Replies (4) \| Respond to of 36161

More & more holes pop open in the dike.... How many can Greenpump-o-rama plug simultaneously??!! While Argentina has already shaken up the banks with it's slow motion default agony? Enron nukes with a shock wave that's clearly hitting major US banks like Morgan/Chase, along with untold numbers of oil, NG, electricity and metals producers, as well as associated commodities trading firms. And remember Enron is a major multi-national. We've yet to hear which foreign banks and trading houses have been blown out of the box by this bomb! Stay tuned...... And...before we even have those damage reports in hand, a list of disasters longer than 1998 is fast piling up. For starters, take a look at the kind of day TURKEY just had!! finance.yahoo.com^XU100&d=c&k=c4&t=5d Does anyone think for a minute the Pump-o-rama won't load another C5-A cargo bay with confetti for Turkey?! Guaranteed! All the way through the cold war years, and even more important today, Turkey is the closest thing we have to a real Islamic ally. Their assembly just voted equal rights for all Turkish women. An almost unheard of move for an Islamic nation. Won't make em popular with the fundamentalists. That's for sure. OTOH<g> they obviously know how to move up the "soup line" run by the good ole USA. Of course, there's South Korea, more for Pakistan; the central Asian nations helping us in the Afghan war, rebuilding Afghanistan itself, and even though they burn our flag and our president in effigy Indonesia will get a plane load of confetti. Not to mention how much Russia is getting under the table?! The list goes on and on and on....as does the seemingly endless quantities of fiat paper money to keep them all in line. But the main event.....the hands down global deflationary CRUSHER..... The 100 megaton debt bomb that's getting closer and closer to detonating?. Yup. That's when the tic toc stops and the banking system of Japan, the worlds 2nd largest economy, nukes. How do you bail that out?????!!!!!!!!!!!! My guess is THAT is when the "new world order" will have its back against the wall. By then everybody will realize we're in a vicious deflationary global depression and we'll probably see Slider's 5-6000 on the Dow. IMHO, with nowhere else to turn, THAT is when we'll see a spectacular coordinated devaluation of all major currencies vs gold. We'll rally for a long time leading up to that. But the big move could happen very fast and likely over a "monetary weekend". So even traders should always keep some core positions in the yellow. Nobody knows exactly when we get to that point. But every day is another day closer.... IMHO this deflation will bring on a huge increase in the gold price. I can't even guess how high it might go. Isopatch