SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : TATRADER GIZZARD STUDY--Stocks 12.00 or Less..... -- Ignore unavailable to you. Want to Upgrade?


To: Rashid Garuba who wrote (31960)7/27/2002 10:55:14 PM
From: Mike Sawyer  Read Replies (2) | Respond to of 59879
 
Have any of you guys been following Zeev's thread on IHub? I snaked this tidbit off of it. I don't know who this guys is but it does seem to fit in the picture of things.

THE INTERNATIONAL FORECASTER 27 JULY 2002 (#4)
(An international financial, economic, political and social commentary.)

Published and Edited by: Bob Chapman Vol. 6- No. 7-4
Phone & Fax: 941 639 4756
NEW: E-mail: bif4653@comcast.net

US MARKETS

There was a secret emergency meeting on Wednesday night to discuss the deteriorating situation of Citibank and JP Morgan Chase and Morgan’s $24 trillion derivative position.

Our spies tell us Citigroup and JP Morgan Chase are going to stay separate and have a significant merger of operations. The merger will also involve canceling out mutual obligations.

Chase is to get an off-the-books line of credit from the US Treasury. The real problem is the derivatives position. Treasury did not offer the money to unwrap it at current levels. If the price of gold can be kept down the whole contraption can hobble along for a while. Ultimately, we think Chase is toast and Citigroup will not fare much better.

They are plotting a big announcement from George W. Bush to seize public attention, but we haven’t yet found out what it is. Probably they don’t yet know. All they want is a means of driving the market collapse out of the headlines. Every thinking person must be worried about what Dubya might do.

We surmise that US plans regarding the Middle East will be expanded. White House staffers are talking about Saudi Arabia.

Unsurprisingly, the net effect of this meeting is to convey a taxpayer-funded loan to the banks and to move risk for the derivatives position to the US Treasury.

More stuff I found during a serach...

eldoradogold.net
eldoradogold.net



To: Rashid Garuba who wrote (31960)7/29/2002 12:15:45 PM
From: TATRADER  Read Replies (1) | Respond to of 59879
 
ELX-trading range of 20-25...looks good in this BULL market....

got stopped out of JPM short with a 1/4 loss, but took some nice profits on all my gold and silver stocks purchased on Friday...(PAAS was the best, got a 1/4 pt there...)

Only holding:
1.CDE

Silver stockpiles have been greatly diminished the past several years...Now the U.S. mint is going to be buying 9 million ounces of silver a year...But what does the price of silver do...It goes down 40 cents from 5.00 to 4.60.......go figure....anyone for manipulation....