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To: oldirtybastard who wrote (152822)	2/22/2002 8:48:20 AM
From: Secret_Agent_Man	Respond to of 436258

got gold? There is no way to know when the ultimate collapse of the U.S. Dollar will come. However, we do believe that this crisis will be telegraphed well in advance by the price of gold. As a result, we are anticipating nothing short of an all out bubble in the price of gold and gold shares leading up to this event. We draw this conclusion based on the limited supply of gold, the extreme number of short contracts in the futures market which must eventually be covered, and the current macro economic and megapolitical environment, which we only expect to deteriorate with time. Enron is only the tip of the iceberg in the funny accounting, and the full fallout has yet to be realized. The war adds an added level of instability, as no one knows when or where the next attack against America will come, though everyone seems certain that one will come. Meanwhile, our commander in chief, W, is out trying to pick fights with the rest of the world. Doubleplus un-good, as they would say in '1984.' "In this type of environment, gold stocks can move 30% or more for every 10% increase in the price of the metal, as we have witnessed recently. If our prediction of a 4 digit handle on the price of the metal is correct, this means a full-scale bubble in gold shares emerging. Remember what a bubble looks like? In the halcyon days of the internet bubble, worthless stocks with tenuous, remote linkings to the internet shot up 1-2-300% in one day! Sometimes in one hour! There is no doubt in my mind that we will see the same thing in the gold market one day." depression2.tv