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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?


To: marek_wojna who wrote (85642)5/22/2002 6:37:21 AM
From: long-gone  Read Replies (1) | Respond to of 116816
 
<<BTW, JPM send the alarming signal to their customers that gold is about to crash and go to South Pole. IMO they have too much of the paper.>>

They might be right, but as they don't offer full disclosure of gold holdings position short or long and as the world now knows analysts are whores guess we'll just have to flip a coin BUT PoG currently higher. Bloomberg & CNBC are reporting this AM that several major brokerage houses are being served subpoenas for Emails to & from analysts....



To: marek_wojna who wrote (85642)5/22/2002 7:09:43 AM
From: long-gone  Read Replies (1) | Respond to of 116816
 
Perhaps what these brokerage houses are forgetting - There are PRECIOUS METALS BULLION IRA's in the US currently. Imagine you're gettinglaid off &* can roll over your 401K to an IRA & it has lost 1/2-85% of value. Will you go to a brokerage house whose analysts are being investegated by the SEC or put your money into safe Precious Metals Bullion(which is going up each day of late & is even getting press)?

OK, I have no relationship with any of these companies or even know if theiy are on the level or not, BUT if I can find this list with 1 simple Yahoo search then, just do the math times all the 10s of thousands of people being laid off - and know some of them must be thinking ways other than Wall Street:

austincoins.com
amergold.com
amark.com
monex.com
certifiedmint.com



To: marek_wojna who wrote (85642)5/22/2002 7:55:49 AM
From: re3  Respond to of 116816
 
no wonder why i keep mumbling the line from bowie's Young Americans...do you remember your President Nixon ?