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

To: goldsheet who wrote (91030)	11/10/2002 4:15:45 PM
From: Jim McMannis	Read Replies (1) \| Respond to of 117062

RE:"Sorry, being a nice guy has not worked for me, so I thought I would go nuts for a few posts. Most of my previous 3372 posts contained useful data, opinions, ideas, etc.. and were on-topic In other words, not very good ;" I remember 7-8 years ago when you were on Prodigy. Very polite, gracious, informative web site etc.. I think we are in need of a good gold rally. That's all. hehee Jim

To: goldsheet who wrote (91030)	11/10/2002 4:36:04 PM
From: Jim Willie CB	Respond to of 117062

25 REASONS WHY GOLD WILL RISE by Jim Willie CB Nov 8, 2002 compiled from analysis, study, observation, dismay of markets, participants, corruption, deception, failed policy, basic ineptitude, conflict of interests, general fleecing of the public, all stemming from the folly that is the Strong Dollar Policy get ready for a Vicious Circle as the USDollar resumes its decline the below outline may soon appear on a website near you oy veh, the Jackass published in a formal article as long as you toss pearls before swine, why not me too? this represents study from several weeks ------------------------------------ the outline begins with bonds, then federal/fiscals, politics, banking, mining, trade, commodities including currencies, economic cycles, with a final point reflecting on history 1. real rate of interest has been near zero since Oct2001 2. rise in foreign holdings of US assets increases our vulnerability to foreign abandonment 3. money supply increased over 40% since Jan 2001, close to 100% rise since 1991 4. return to federal deficits from recession and wartime economy, security spending 5. rising world tension, desire for safer safe haven, the geopolitical threat to peace 6. Glass-Steagal Law repeal now heightens risk of financial cluster failure in progress 7. world perception of American institutionalized dishonesty 8. likelihood of systemic banking shock waves from debt collapse and derivative chain reaction 9. sharp increase of savings across Asia in the form of gold 10. reduction of USDollar usage as both store of value, banking reserve asset 11. Islamic world is planning gold-centric international commerce, distancing from USDollar 12. Bank for International Settlements has targeted the US dollar for a corrective decline 13. reversal of miner hedges, end of gold leasing, reducing supply 14. dismantled mining supply apparatus, from systemic price below production 15. paradox: high gold price leads to higher demand, and high price leads to lower supply 16. trade tariff resumption discourages global trading village concept 17. USDollar correction to relieve the trade imbalance could result in a currency crisis 18. accelerating worldwide currency turbulence 19. European currencies offer more attractive alternatives to USDollar, with Swiss Franc leading 20. the calendar date Sept 11th marked the turning point for USDollar in two critical years 21. rising costs from entire energy complex (crude oil, natural gas, heating oil, gasoline) 22. commodity trend reversal has begun, the beginning of a new longterm trend 23. Kondratieff Winter is gathering speed and force 24. divergence toward deflationary credit-based economy, inflationary cash-based economy 25. the parallel between gold’s rise in the 1970’s and 2000’s has many components / jim

To: goldsheet who wrote (91030)	11/11/2002 8:07:21 AM
From: re3	Respond to of 117062

Bob i remember being in new zealand and an old codger took a few of us on a day trip to see an old gold mining area...this is before i got interested in gold stocks...this was a few years ago, but he did say, "gold does funny things to people"...hmm, i think he was referring to the mad rush to physically mine gold but maybe he was forecasting chat board activity too ! at any rate, why not focus on the positive around here...i teach school and i can't get through to all of them but a few appreciate it...of course i get PAID and you work around here for FREE...oh well, never mind -g-