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


To: SGJ who wrote (3011)7/23/2002 2:57:14 PM
From: Jim Willie CB  Read Replies (4) | Respond to of 89467
 
JPM could send gold AND bonds into reverse
the untold story is that in order to control gold,
the cartel must control bonds

so gold is kept low while bond yields are kept low
both measures of inflation are artificially supressed
they cannot hold down one without holding down the other
(this even from Fed Reserve's own research archives !!!)

this is a second log onto the Bond bonfire
foreigners will sell TBonds, thus raising rates
and gold-bond dual controls will result in bond selling via massive derivatives

DEFLATION KILLS ALL ASSET CLASSES
the remaining classes are Treasurys and Real Estate

JPMorganChase together are 5x larger than LTCM
I believe their merger two years ago was to reduce the derivative risk
instead, it makes for a much grander fireworks display

talk of bailout will be rampant soon
this is all very expected by me
never knew when, only knew inevitable
I tore that ragdoll like an effing terrier in March-April
people got really tired of me on the Volt Porch
they thought I distracted them from animal and flower reports

the time is prime & ripe for HungFat and DrNo to buy gold metal now, and crush the gold cartel
they are weak now despite today's action in dollar/gold
/ jim