Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Clappy who wrote (49197)	3/31/2002 7:09:23 PM
From: Jim Willie CB	Respond to of 65232

repeat, sorry, accident, gorilla fingies / jw

To: Clappy who wrote (49197)	3/31/2002 7:13:33 PM
From: Jim Willie CB	Read Replies (2) \| Respond to of 65232

I wish you would explain your data on COT's and not just spout bearish or whatever open interest is winding down clearly over time given that most commercials are bullion banker dirtydogs, this is very positive for gold price heck, mining firms were the biggest participants in the BankEngland 20-ton gold auction so for gold, the miners are unwinding their hedges for silver, much less forward selling by miners instead, they are shutting down temporarily the amount of coproduction from zinc and lead mines is tiny JPMorgan and Citibank have vastly reduced their short positions they dont wanna see their nuts in a vise during squeeze I think they have farther to go to reduce their shorts 68,000 is a lot of short silver contracts but that figure is going down each month, what I read this is all bullish for the gold/silver sector what are you seeing in the data? who do you believe commercials are? here is my understanding commercials include BOTH bullion bankers involved with Fed-led suppression game, AND mining firms I read steadily that bankers are exiting their shorts slowly while miners are covering whatever forward hedged sales they have slowly over time bullion bouillabaise bigboy blubber-buttocked badasses see the squeeze coming they will be led by the nose as Fed bitches for only so long then they get out of the way, and switch coats this will turn on a knife's edge soon please answer this question you didnt last time commercials come from two flavors I dont think many commercials are mining types having hedged forward silver sales from what I read, many silver mines have suspended production they are forcing the issue on price check Apex Silver (SIL) and their annual earnings statement it came out in late Feb, extremely impressive my Leeb guy from Personal Finance thinks also that silver miners are forcing higher prices since we are now way way below equilibrium prices I read equilibrium price eventually will settle at 25/oz or so but to get there, we will see well over 50/oz to open the mines and they take time to get into gear with operations this all smells like a massive short squeeze coming and for silver alone, a mere $10-11 billion can corner the market as in, buy up all supplies, buy controlling interest in operating mines, payola for some foreign govt officials, and paid publicity in key journals either direct some comments to the data you point to, or dont bring it up no more what exactly are you seeing in the numbers? sure, shorts outnumber longs... so what? dont make me hurt you I will pound your ugly head with my big fists and then sit on your wirey little body / jimmy impatient grunting silverback

To: Clappy who wrote (49197)	3/31/2002 7:32:34 PM
From: Jim Willie CB	Read Replies (2) \| Respond to of 65232

money supply expansion resumes, after flat February this is monstrous dangerous for price inflation by yearend stls.frb.org Webster defines "inflation" correctly as increase in the money supply through debt or otherwise, in excess of the requirements of an expanding economy almost 30% increase since June 2000, probably higher c'est incroiable !!! (never seen before in US History) this Fed irresponsible action is precisely why bond traders refused to bid down 10-yr bond yields since spring2001 and greatly frustrate Mr GreenScrotum this is why GreenSheiss killed the 30-yr bond they smell price inflation over the horizon and want their rate premium for that risk and then you have the extremely bullish gold signal Fed shorterm yield minus CPI inflation is negative FED TO BONDHOLDERS: GET OUT, NO MONEY TO BE MADE IN REAL TERMS they are getting into gold in an increasing level of commitment because stocks still suck big dead donkey dinkies / jim (with large and small bananas)

To: Clappy who wrote (49197)	4/2/2002 8:42:29 AM
From: stockman_scott	Respond to of 65232

NO JOKE: EMBATTLED ENRON IS FIFTH ON FORTUNE 500 LIST By JESSICA SOMMAR nypost.com April 1, 2002 -- Despite bankruptcy, scandal-ridden Enron managed to wrangle fifth place in the much-anticipated Fortune 500 rankings for 2001. Wal-Mart topped the annual list with revenues of $219.8 billion and is the first service company to do so. The Fortune 500 was limited to manufacturing until 1995. Wal-Mart took the top slot from Exxon Mobil, which came in second with revenues of $191.6 billion. General Motors, which held the top slot for 15 years until 2000, came in third with revenues of $177.2 billion. Ford Motor Co. was fourth, with $162.2 billion. Enron's fall from grace in December shook stock markets and put its independent auditors, Arthur Andersen, on the brink of extinction. Yet the Houston-based energy trader still beat out stellar performers such as General Electric (No. 6), Citigroup (No. 7), ChevronTexaco (No. 8) and IBM (No. 9). The disgraced company that has left thousands without jobs and retirement money and whose leaders have refused to testify before Congress actually jumped two places. Enron ranked seventh in 2000. And it did so on only nine months of reported earnings. Enron has yet to release its fourth-quarter earnings report, but even with restated earnings of $139 billion, it pushed far ahead of the pack. Bankruptcy doesn't keep a company off the Fortune 500, Carol Loomis writes in this week's Fortune. Loomis notes that accounting rules for energy trading contracts allow companies to count gross as opposed to net revenues on trades, which helped plump up Enron's numbers. It's also why Mirant Corp., an energy trader spun off by Southern Co., was the highest-ranked new company last year, debuting at No. 52. AOL Time Warner had revenues of $38.2 billion, making it the lists's largest media company. Profits for the top 500 companies fell 53 percent last year to $206 billion - the largest drop in profits since rankings began. Total revenues did grow, up 3 percent to $7.4 trillion, compared to $7.2 trillion in 2000. The list of the 500 largest publicly held companies has been compiled annually since 1955 by the editors of Fortune.