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

To: T L Comiskey who wrote (48969)	3/26/2002 9:46:28 AM
From: Jim Willie CB	Read Replies (1) \| Respond to of 65232

an argument below for gold worth $27k per oz the paper world does NOT want gold to rise brokerage houses realize combined precious metals industry has a puney mktcap under $100B what it is in for them? nothing they are neckdeep in the paper game, pure & simple this metals industry will continue to be talked down it will be suppressed by central bank/ bullion bank collusion but it will explode eventually in their faces because inflation is coming on three storm fronts 1. huge money supply infusion by Fed in 2000 and 2001 2. huge energy cost rise coming (from neglect, greens, legals) 3. imported inflation via trade debt and sliding dollar once upon a time, gold backed US currency well, for about 200 years actually here is a shocker, that puts into perspective the amounts of paper dollars coming off the US Treasury Printing Press take the entire money supply in the United States of America take the entire supply of gold held in the country, from central bank, bullion banks, individuals now divide to get a scratch price of gold per oz YOU GET $27,500 PER GOLD OZ tell me we dont have a dollar bubble the tide turns back to hard metals, but in time / jim