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: stockman_scott who wrote (50390)	4/23/2002 9:19:02 AM
From: Jim Willie CB	Read Replies (1) \| Respond to of 65232

Japan's fed debt is 130% of GDP, soon 140% I expect at least $200-300 billion in citizen gold purchases this year who says gold is not consumed? India consumes far more than Japan each and every year according to the World Gold Council, Indian consumed 855 tons in 2001 and the same quantity in 2000 as a share of Indian imports, gold was up 11% in 2001 in fact, India is now setting up a gold commodity exchange they like gold for personal savings and displays of status I still maintain that the next big scandal focuses on JPMorganChase Congress has dragged JPM in to explain corrupt Enron dealings these transgressions (crimes) are well documented and discussed but interrogations will extend to the gold market and then the Federal Reserve is on the hotseat the Fed has refused to answer direct questions about gold sales and improper use of the Exchange Fund to cap gold the Fed is accused of leasing out 30-50% of the nation's gold reserves and replacing them with IOU's after they have been consumed oh yes, that gold is now jewelry somewhere but that gold still shows up on FedResve books can you say "Enron"? without leasing such gold from national reserves, the gold price would have to rise I wonder if gold had risen in late 1990's whether a Naz Bubble would have happened at all the USDollar would NOT have been so strong the world would not have been attracted to our Y2K Bubble / jim