To: SliderOnTheBlack who wrote (29144 ) 3/6/2003 5:00:57 PM From: Jim Willie CB Read Replies (1) | Respond to of 36161 you speak too much, and say too little gold miner shares (unlike futures contracts) cannot exceed the outstanding share capitalization where will the next supply of miner shares come from for SHORTS? on the metal futures side, they have 2-3 years worth of production, with apparently no alarms signaling the (fast asleep) CFTC the UN/Iraq issue lies at the margin that is how guys like you make longterm mistakes you pay too much attention to the margin, and miss the dynamics behind the major move underway two years ago, the marginal issue was Argentina deteriorating gold bears attributed the rise off #265 bottom to that silly event last year it was debt collapse with focus on Enron gold bears focused on Enron way too much what will the marginal focus be later this year? you are just a loud mouthpiece for the misdirected press & mediawhile Iraq is not silly, it has nothing to do with ... - negative real rates on shorterm Trez (soon even lower as FedFunds are cut and CPI rises) - trade gap widening each month - federal deficits rising sharply - Fed money printing out of control - miners covering their hedgebook - rising energy costs, and other commodities AND THE BIGGEST - serious erosion in USDollar fundamentals as I said before, you are no student of gold or currencies if the USDollar heads toward 90, do you really think gold will remain in the #350-390 range ??? where do you believe the USDollar will be by June 2004 ??? you never answered my question from before... why are USDollar fundamentals worsening, even at these lower levels? a simple question a fair question NO ANSWER INDICATES POSSESSING LITTLE UNDERSTANDING the yield curve is still sharply tilted we have some ravages of price inflation around the corner round #1 is now hitting production costs round #2 hits the entire economy soon, like end of year you pop out of IGNORE so I can check on your condition I wanted to see your response to my buddy ArtB it got a "C-/D+" as indicated, very shallow / Dr J p.s. are you a heavy drinker? you sound like one