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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?

To: stockman_scott who wrote (47817)	2/20/2002 10:07:10 AM
From: Jim Willie CB	Read Replies (4) \| Respond to of 65232

Bund bluster on gold, pure control games central banks despise gold, since it is real money since it competes with printing press money taking money out of the economy in safe places like precious metals is the ultimate insult to central bankers out of banks, where gaurantees are ending out of stocks, which are imploding out of bonds, which will soon soon out of debt instruments, which have gone bad this war will heat up, big time big time big time mark my words / jim

To: stockman_scott who wrote (47817)	2/20/2002 12:16:31 PM
From: Clappy	Read Replies (1) \| Respond to of 65232

The gold plunge has come in the wake of comments from Bundesbank President Welteke, who said that Germany wants to "slowly" sell some of its gold to move into assets that offer a return beyond potential capital appreciation. If I had that much gold to sell, I'm not sure I would tell the world that I plan on selling it. That would only drive the price down further wouldn't it? I think I would sell it while it's high and afterwards let the world now what I did... There might be some sort of ulterior motive behind that announcement. -Clappy (Who in reality would end up selling all his gold at the market bottom in a panic...)