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

To: E. Charters who wrote (91182)	11/14/2002 6:57:01 AM
From: d:oug	Respond to of 116922

Canada O Canada (or) IRISH EYES . hppt://www.GataBill'sCafe The Dos Passos Table Guest Speaker Topic du Jour . WHEN IRISH EYES ARE SMILING At 3:00 p.m. Eastern Standard Time on December 11, 1979 the Honourable John Crosbie, the newly minted Finance Minister in Prime Minister Joe Clark’s minority Progressive Conservative government of Canada, rose from his seat..... ... wonder if this is the other “skeleton” in the Finance Department’s closet. I thought it was bad enough when Reg Howe pointed out the skeleton in the new Bush administration’s closet, but there’s a chance that we here in Canada have a golden skeleton of our own. . Is there any truth to any of this? ... ... the government and citizens of both Russia and the United States would have varying opinions. . But even more importantly, does the truth pass the duck test, and how does it make out on the smell test? . Check the facts again…mine and Dana’s. . My decision is already made. You’ll have to draw your own conclusions. . Ed Steer Edmonton, Alberta Canada e-mail: edsteer48@hotmail.com [END] also, (really for gold_tutor] [START] hppt://www.GataBill'sCafe The Dos Passos Table Guest Speaker Topic du Jour . Silver Dream I had a dream last night. A silver dream. It all starts with a regime change in the Latin American republic of La Plata. ... On his second day in office, El Presidente appoints a new central bank governor, an economist and former labor leader, who quietly informs the central bank's silver lease counterparties that the leases will no longer be rolled over. The silver must be returned at the end of the current lease term, 55 days hence, or... ... ... physical silver in good delivery form sense that the game is reaching its end, and refuse to come to market with their metal, even at higher lease rates. ... Meanwhile, as the leasing market is quietly falling apart, Comex trading continues. As Comex players first observe the higher lease rates, and then begin to hear rumours of impending delivery defaults... silver prices fall in the face of strong buying, as two New York firms meet the buy orders with even more aggressive naked short writing. But on the third day... ... The next morning, every bar in the warehouse is committed, and silver opens limit up. Now, the only thing that can happen, does: in an action reminiscent of 1980, the Comex announces new rules: all silver contracts are to be settled in cash, and no new silver positions are to be opened. . Both of the two markets for physical silver have now ceased to operate, first the primary market, which is the OTC leasing market; then the secondary market, the commodity exchange. . Recyclers pick through their piles of circuit boards... Eighty thousand silver bugs start bringing their bags of... Mutual fund companies are bombarded with inquiries about silver funds, but none exist. Fund analysts are quickly redeployed from telcoms to silver, and they quickly conclude that there are only two first-rate silver companies in the world. Both are Vancouver-based. One is a miner, one is an explorer, and... Their combined market cap is less than US$300 million, or was up until a couple of days ago. . The President of the United States, invoking unconstitutional emergency powers, declares silver to be a vital war commodity, imposes price controls, sets the official price... and declares that anyone who has invested in silver and actually possesses it is a greedy hoarder and an international terrorist. After all, you’re either with us or against us... ... It's just a dream. It didn't really happen. Copyright © 2002 Ralph Johnston crm114@aol.com