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


To: stockman_scott who wrote (52305)5/29/2002 4:34:27 PM
From: Jim Willie CB  Respond to of 65232
 
gold stocks continue to climb a wall of heights worry
as the metal gradually rachets upward in orderly fashion

most gold stocks are serving as proxy for metal options
as long as the metal continues to rise, they will continue

I expect a few leaps upward soon in the physical metal
the naked shorts amount to 3 years world supply
that is a lot of short covering, laddy
they are likely to wait and try something desperate
but my deepseated belief is that Gold Cartel is not just dead meat
they are soon to become splattered on trading walls

if so, and if that occurs, gold stocks have a 2nd Elliott Upleg coming imminently
it will be breathtaking, make major headlines, and attract world attention to the investment
exactly what the Gold Cartel did not want
Govt Sponsored manipulation of markets always ends badly
so why are so many gold watchers surprised?

an abnormal gold market suppressed for 12 years will not see a normal resolution in an orderly fashion
WE HAVE NOT YET SEEN DISORDER
the smell of blood be in the water, Matey !!
/ jw sbg