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

To: Clappy who wrote (47830)	2/20/2002 3:23:32 PM
From: Jim Willie CB	Respond to of 65232

as per 1999 Washington Accord, European central banks will not be selling much of any gold any longer they overdid it on the way down, pillaging national gold reserves in a mindless manipulation this Bundesbank public statement is pure bluster bullshit or should we call it "Bundeshit" ?? nobody believed it in their minds but their emotions reacted enough to start some profitaking in the precious metals here is a tidbit for you gold and silver have each shown evidence of a bottom gold has shown clear evidence but it goes deeper, as the silver/gold ratio has itself shown evidence of a bottom so not only are we seeing a gold and silver rally, but we are very likely to see silver outperform gold watch silver skyrocket in the next two years far far fewer existing silver mines offering supply far more industrial demand for silver it suffered as central banks emptied their treasures it suffered also as the world economies slowed markedly now silver will rally hard and fast, much more than gold the nation of India relies upon silver for savings in the form of jewelry remember that central banks despise gold/silver it competes with their fickle printing press currencies / jim