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To: 4figureau who wrote (2758)	1/20/2003 10:37:51 AM
From: Jim Willie CB	Read Replies (1) \| Respond to of 5423

I anticipate large COTR gold longs will remain for several weeks, if not months, thus confusing the typical thinking among experts... all fundamentals for the USdollar are deteriorating NOTICE THAT THE TRADE GAP FOR NOVEMBER SWELLED !!! ALL EXPERTS EXPECTED THE GAP TO REACT TO THE LOWER VALUED DOLLAR NOT ME, BEEN HARPING ON THIS SINCE SPRING with the USDollar now 18% lower than Feb2002, still the trade gap widens, to the consternation of those following it chalk up a big one for the Jackass the US trade gap will not react to a lower dollar the US economy has dismantled the internal mechanisms by which to produce a reactive rectifying response for 30 years we have shipped our mfg base to Asia economists continue to get this wrong, since they are incompetent simpletons, hellbent of fallacious thinking as they ignore all the internal dynamic changes made in the last bull expansion cycle these guys just dont do much homework, too busy soaking up adulation in the media and enjoying icon status they dont do much real solid quantitative analysis anymore, and when they do, they use false assumptions, obsolete data, and incomplete models bad men, very bad men, bad bad ugly bad the combined trade gap continuation and the federal escalating deficit will breed the foundation for a monstrous monetary crisis THAT IS WHAT THE GOLD PRICE IS TELLING US when the commercials are aligned against the emerging new bull longterm trend, they will eventually lose, as they succumb to the greater market dynamics I expect these commercial longs to remain wrong long for a long long time thus producing a much more peaceful stable and reliable bull rally expect the unexpected this year and all are expecting gold volatility sorry, I dont see that happening at all more like instability under #330, stability over #330 I see new lines in the sand drawn first it was #330, now #360 next #400 / jim

To: 4figureau who wrote (2758)	1/20/2003 10:40:17 AM
From: 4figureau	Read Replies (1) \| Respond to of 5423

U.S. units on hunt to track Saddam By Jack Kelley, USA TODAY JORDAN-IRAQ BORDER — As the Bush administration moves into what officials call the last phase of the showdown with Iraq, the United States is undertaking a vigorous military and intelligence effort to track, and possibly kill, Iraqi President Saddam Hussein. The effort involves, among other things, small teams of U.S. special operations forces and CIA paramilitary units inside and around Iraq, satellite imagery, radio intercepts and airborne reconnaissance, U.S. intelligence officials say. The activities are part of a strategy designed to pressure Saddam to depart or disarm and, if he won't, pave the way for a U.S.-led invasion to oust him. On Sunday, Defense Secretary Donald Rumsfeld said he would support exile for Saddam and his family as a way to avoid war. But national security adviser Condoleezza Rice said it is "unlikely" the Iraqi dictator would go voluntarily as the confrontation enters "the start of a last phase." In advance of a possible war: Nearly 100 U.S. special operations forces and more than 60 CIA operatives have been conducting reconnaissance missions in Iraq's deserts and outside its major cities since September, senior U.S. and Arab intelligence officials said, confirming a Boston Globe report earlier this month. The missions include monitoring troop movements at army bases used by Iraqi Republican Guard, Saddam's most loyal defenders. The U.S. forces are also scouting landing strips for U.S. and coalition aircraft and training opposition Kurdish and Shiite leaders to fight against Saddam. Nearly 35,000 feet above Iraq, a converted Boeing 707 is flying 10 hours a day, every day, recording conversations of top Iraqi officials and pinpointing the location of those calls to within a mile. Two spy satellites, code-named Micron and Trumpet, are intercepting calls and walkie-talkie transmissions from Iraqi military sites, Saddam's motorcade, his palaces and other areas. A U.S. official in the region said Saddam is aware of such efforts. The U.S. Central Command in Tampa, which oversees military operations in Iraq, and the CIA in Langley, Va., declined to comment officially. "We don't talk about current operations," Central Command spokesman Maj. Bill Harrison said. Last year, President Bush directed the CIA to undertake a covert program to topple Saddam, senior U.S. officials say. The presidential order directs the CIA to work with U.S. special operations forces, which include Army Green Berets, Navy SEALs and other specialized military units. Despite Rumsfeld's comments about exile and renewed international efforts over the weekend, few U.S. officials believe that Saddam will flee Iraq or seek asylum. The U.S. diplomat in the Middle East said the goal is to oust Saddam and, under Bush's directive to the CIA, U.S. forces can kill the Iraqi leader if they believe their lives are in danger. Saddam, 65, is a master of deception who has managed to elude the world and internal coup plots through his 24-year reign. "Saddam knows what America would like to do to him, so he rules from the shadows," said Wafiq al-Sammarai, a former chief of Iraq's military intelligence who defected in 1994. "He is one of the most paranoid, but also one of the best-defended, leaders in the world. He will make it hard, maybe even impossible, for America to get him." usatoday.com