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


To: steve susko who wrote (555)6/20/2002 3:03:08 PM
From: Jim Willie CB  Respond to of 89467
 
gold should enjoy a very long bandwagon growing effect
I expect each month a new reason will fortify its rise
this week it might be the wide trade gap
last month it was the India-Paki and Palestine-Israel tension
next month it might be a mining hedge book blowing up

fine with me, Steve
the slower and longer it takes to ignite, the better
the longer we endure nonsense from clowns like MiniWatt, CNBC, and WallStJournal, the better
we will sell to them at the top

sometime by the late autumn, we will hear arguments about how the low rates and high stock valuations are hurting the entire pension world

but my favorite upcoming firework event is a hedgebook blowing up a miner into smithereens

gold needs no respect in order to continue
it will get cut off when respect in the press is given
recall that two weeks ago CNBC (Cramer) and some favorable press coincided with the end of the miner rally

I want no respect
/ jim



To: steve susko who wrote (555)6/20/2002 3:07:00 PM
From: Jim Willie CB  Read Replies (1) | Respond to of 89467
 
pulse: gold #322.7 (closed), dollar 109

the dollar really got knocked as soon as trade gap data was revealed
seems that might have been a topic mentioned by the Jackass once or twice

I still find this amazing for gold to be above #320 in early summer
well technically not summer yet, not until next week

I would love to give a CNBC primmer on gold and its 20 reasons for rising
with the highlight saved for last

#20:
as gold price rises, demand also rises, but supply drops !!!

/ jim