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

To: t2 who wrote (504)	6/17/2002 6:35:08 PM
From: Jim Willie CB	Respond to of 89467

the big twisted question involves Japan I expect their shit to hit the fan in a matter of months their entire economy is teetering, held up by printed BoJ money will they hunker down into dollar? or into gold? or both I suspect into enough dollars to decimate the yen but into enough gold to provide it some unexpected simultaneous lift bankers have orders to liquidate 50% of all portfolio loans!!! this will cause a huge havoc a great deal of USTBonds might be sold to provide liquidity kindalike selling your top stocks on margin calls for shit stocks I expect Japan to suffer a worse near-death experience later this year, or early next the world is not ready for it nor is Asia as for shorting gold stocks, let me know if you are more than 50% successful at it I doubt you will be beware the next bombing, the next big scandal, the next indictment, the next currency foreign event, the next hedger covering briskly far too many things pushing gold up the press likes to focus on the only factors it understands so far it understands only intl tension, dollar slide, inflation the other 18 to 32 factors go right over its head good luck, didnt mean to be nasty this morning only trying to emphasize that your shorterm maneuvers are as tricky as crossing a midtown Manhattan street the upcoming inflation pressures are gonna be monstrous THE ONLY WAY FOR THE FED TO AVOID A DEPRESSION IS TO INFLATE VERY VERY HEAVILY GreenStork will not stop reflating until he goes too far because he goes way too far in every single move has been true throughout his entire career count on it the gold sector is I dont know how severe the pressure on the gold sector will be Clif Droke is outstanding (on www.321gold.com) he believes gold will get no lower this summer than June lows we are establishing June lows now inflation will be coming home to roost in the USA in a big way before 2005, maybe sooner the seeds are planted, over/above what capital is being burned now from debt collapse / jim