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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: Jaakko who wrote (90124)	9/28/2002 1:11:56 PM
From: Jim Willie CB	Respond to of 116764

you refer to the goldbank fractional system I am no expert but Jim Puplava has made numerous references to the high risk of leasing 10x the physical metal than exists in the vaults his website is www.financialsense.com check his Perfect Storm Series, where he mentions this issue I think this will contribute to the gold rush paper-based securities will see a short squeeze in the futures and derivatives side but the bullion bankers are likely to witness a surprise short squeeze of their own I have no information to add, only shared awareness stories abound about bluebloods and Manhattan socialites "believing" that they own gold bullion in vaults, when the reality is replacement of physical with IOU's I expect scandals to come in the upcoming months I call personally the gold scandals involving JPMorgan, Federal Reserve, other Cartel members, and perhaps DeptTreasury THE MOTHER OF ALL SCANDALS in the interest of national security, this scandal will be suppressed for as long as possible I cannot imagine forfeiting, defrauding, and vacating collateral to the USDollar in such fashion will go without consequence sorry no hard evidence to share ask the expert of all expertise, Gold_Tutor he might show favor upon you if your shirt is properly tucked in, and of course, you show proper homage to him he seems to require it in a pathetic fashion / jim