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Politics : Stockman Scott's Political Debate Porch -- Ignore unavailable to you. Want to Upgrade?


To: Cactus Jack who wrote (443)6/13/2002 10:45:02 PM
From: Jim Willie CB  Read Replies (3) | Respond to of 89467
 
how long can the monstrous coiled spring remain stable?
thanks
a bunch of new editorials Gold-Eagle.com appeared last 2 days
including that one

here is my forward view
JPMorgan gets scrutinized by Congress and authorities for Enron
this leads to further scrutiny with other futures, e.g. gold
simultaneously the gold desks blow up slowly, here & there
this leads to further questions and shock of FedReserve involvement in the gold corruption to manipulate a free market
this leads to widespread fear that the dollar has something deeply flawed inherent
the dollar decline accelerates into a crisis
gold explodes, ripping derivative desks apart
gold takes $25 upmoves every other day
one miner after another blows up for two hectic months
am I dreaming?
I really dont think so, altho I am prone to daydreaming
and sometimes having accidents in midday, soiling jeans

JPMorgan is the common denominator
we have no idea the value of their derivative book
how long can the underwriter hold a book badly underwater?
I dont know
/ jim