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

To: Clappy who wrote (28459)	2/20/2003 8:47:33 PM
From: Jim Willie CB	Read Replies (1) \| Respond to of 36161

when gold surpasses #400, what is conclusion? you guys are sometimes utter simpletons I am surprised, you too Klappy pullbacks after substantial runups can also be substantial IT IS ALL ABOUT THE FUNDAMENTALS if you dont understand the forces behind gold, how can you even begin to read the fundamentals, and conclude resumption of the longterm gold bull is imminent the next upleg will be easy money AND I WILL RUB YOUR BIG NOSE IN IT ALL THE WAY UP sadly, you dont understand the gold dynamics either you must believe the press & media <G> Iraqi tensions can settle down in a big way, but the Middle East will not can anyone remember MidEast tensions when Iraq and Sodomy were nowhere in the news? so if Iraq is settled, the Palestinian question is solved? the crude oil western dependence goes away? Islamic resentment of US financial hegemony vanishes? Al Qaeda is rooted out and dead? how shallow have you checked rates on CD's lately? they dont cover inflation as measured by CPI have you checked 3-month TBill yields? 1.2% if that do you study history? that is the sentinel signal for longterm gold bull market lasting at least several years it signals distress in the debt world, in capex demand, in severe worldwide overcapacity, with the next stage led by severe currency debasement across the globe by major central bankers do you notice anything in the news about CB money printing intentions? the chart is but one tool the really smart guys employ charts with fundamental analysis to provide an edge over the one-trick pony investors like you I wonder if you learned much in 2000 with techs at the top when they fell once, they only fell more times when gold rises, it will rise again and again each time, fools will declare why it rises and explain why it falls but they will be incorrect in almost every step of the way so why should I listen to them after they are incorrect? I dont / jim