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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?


To: isopatch who wrote (19577)9/27/2002 2:00:10 PM
From: Jim Willie CB  Read Replies (2) | Respond to of 36161
 
Federal impact on GOLD accelerates when monetization begins

it began already in Japan with biggest bank purchases of Nikkei stocks, announced last week
big banks defined as $200B in capitalization
this makes clear the yen dive since late August
something like 117 to 123 (dive in currency arena)

I fully expect the US Federal Reserve to monetize soon
the targets are both USTrez Debt and S&P Baskets (maybe futures)

MONETIZING PAPER SECURITIES IS THE MOTHER OF ALL GOLD SIGNALS

when Asia and US are each heavily monetizing, look out
GOLD WILL KICK INTO 2ND GEAR

what is this I hear from Jims101 that October is a down month for gold seasonality?
I thought gold ramped up until February
then weakened in spring low season

later, Jim