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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (18221)4/15/2002 8:57:21 PM
From: Box-By-The-Riviera™  Respond to of 74559
 
sell your gold, forget your silver. hoard cash for a very rainy day. will contact you on June 16th at this same time. over and outer.



To: TobagoJack who wrote (18221)4/15/2002 9:25:11 PM
From: patron_anejo_por_favor  Read Replies (1) | Respond to of 74559
 
<<The obvious conclusion is that these announcements are a bit of “kite flying” to assess the German public’s reaction to these suggestions and to prepare the public for a forthcoming transaction or series of transactions>>

Sounds like the BuBa is asking to be hit by lightning!<G>



To: TobagoJack who wrote (18221)4/16/2002 1:24:04 AM
From: smolejv@gmx.net  Respond to of 74559
 
From my perspective here - Bundesbank mgmt must be mightily amused by the storm in glass, they are causing. Remember they have none of the old power anymore, zilch, nada. They are just as important (...sort of...) as the central bank of Andorra. So ... "let's losen our ties for Chrissake" ...they can move (at their new level and in their new role) in some refreshingly frightening ways.

No, I have not read it through yet, it stil on paper to be gorged on. And I'll keep my eyes on any diverging opinions here.

dj



To: TobagoJack who wrote (18221)4/16/2002 5:47:03 PM
From: energyplay  Read Replies (2) | Respond to of 74559
 
Hi Jay - re: Germans selling gold - Very interesting post !

Sorry if the airplanes hitting buildings is O/T. If fear of terrorist flying into containment vessels keeps nuke plants shut down, this shutdown will affect price on natural gas and economic recovery in U.S. Natural Gas prices have been un-naturally high considering how much is in storage. See
www.highlandenergy.com
for storage graphs & stats.



To: TobagoJack who wrote (18221)4/17/2002 9:18:04 AM
From: Jim Willie CB  Read Replies (1) | Respond to of 74559
 
German talk of selling gold is hilarious, transparent, empty

the real reason is that they undermined their DMark currency
adoption of East German, with Poland, Czech houseguests
since 1990, the Bund has followed the USA in a fiat currency printing parade that would make Johann Gutenberg proud

their commitment is to paper assets -- stocks, bonds, currency
its depth of commitment is Faustian

their marriage with the Euro will help stabilize
but the European continent's commitment to Paper Assets is total
their economy is fully dependent upon their debt system
their Euro is not quite the heavily laden debt-denominated instrument called the USDollar, but close

during this decade the tide turns to commodities
the Bund is as scared shitless as the Fed and GreenMan
the Dept of Inflation (Federal Reserve) and the Secretary of Inflation (GreenBackPrinter) are in a panic

few recognize their panic or identify their moves as panic-stricken
while few have noticed, GOLD was the best performing "CURRENCY" in 2001
and so far in 2002 it is continuing the new trend
GOLD is outperforming every single currency on earth now
it is frightening the Central Bankers
when supply continues unabated and relentlessly, value declines versus stable assets

30% increase in US money supply since Jan2001
the world is awash with USdollars
35% of the US federal debt is held abroad
3% of the US GDP is in trade debt

plenty for Fed and Bund to worry about
their bark is louder than their bite

my main hope is they continue their insane gold and silver leasing system
because overriding supply/demand/pricing laws with a regulated system will result in worldwide depletion of aboveground silver
guaranteed

inelastic demand: pay any price for necessary silver
inelastic supply: low supplies dont drive up price

/ jim willie (silver back gorilla)