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Politics : Dutch Central Bank Sale Announcement Imminent? -- Ignore unavailable to you. Want to Upgrade?

To: loantech who wrote (15500)	9/19/2002 7:50:09 AM
From: sea_urchin	Read Replies (1) \| Respond to of 82270

Tom >surprise you just when you are getting down Looks like I owe you a milkshake already. (I'll take a Jack Daniels, if you don't mind) I think the breakthrough has happened. quotes.ino.com

To: loantech who wrote (15500)	9/21/2002 12:39:20 PM
From: long-gone	Read Replies (1) \| Respond to of 82270

<< Gold will have it's day and sooner rather than later. Comeup and surprise you just when you are getting down>> Really, I see it another way. I see only a steady growth - with the usual seasonal expansions & contractions. I think DESPITE ALL that is written & said by the "Experts", we will break $330-335 resistance prior to year end BUT (baring that which can't be foreseen) there will be NO rocket ride to the stars! Just as gold didn't follow the charts with perfection below 290 neither will it above 335. I stand on my prior stated top gold price for this year at $360-365 US(OK, I'll hedge a bit & now go 355-370). People need more jingle in their jeans before they can buy heavily. The economy Must improve before people can buy more than their homes & food. What most people don't understand is that all the world's upscale faster more expensive semiconductors are wired(bonded) with near microscopic gold wires. Sure, much of our top military hardware uses more than a bit of gold, BUT, we need to see another group of contracts of missiles for the Navy Airforce Marine fighters & we need to see the new joint fighter before we see greatly improved mil-spec demand! Our military $ are now being spent on moving reservists to active duty, refilling depleted conventional ammo stores, Intelligence (including software), buying jet fuel & smart bombs, buying MRE's, improved desert uniforms, refilling the US Strategic Petroleum Reserves(depleted by Clinton as a severance for Gore). The gold market needs all 4, improved jewelry demand, improved investment demand, improved industrial demand, & improved military demand. Next year as the economy improves jewelry demand will improve - never again will American women listen to Wall Street & buy inflated Internet stocks instead of gold jewelry. Next year as the economy improves, demand for upscale semiconductors will increase off bottom - some for the military some for consumer applications. Next year as the economy improves people will again have some level of disposable income for investment - Investors will never again be without diversification into precious metals. Next year after we have dealt with this ugly Sadam problem our military spending can move from a war footing into a hardware stores rebuilding mode. Rumor has it the US might let new contract for US made improved Cruise Missiles(which use gold wiring / contacts) instead of a follow-on contract for the Russian (Clinton era) junk Cruise missile - which rumor again says have shown shipboard misfires & target misses. Remember the last two times Clinton used Cruise Missiles? Remember the wrong target hits - never again will we buy junk high tech gear for our military.