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Gold/Mining/Energy : A to Z Junior Mining Research Site -- Ignore unavailable to you. Want to Upgrade?

To: 4figureau who wrote (4973)	6/24/2003 11:24:12 PM
From: Jim Willie CB	Read Replies (4) \| Respond to of 5423

Mineweb (Senator): My gold forecast and continued critique of the ninnies quoted here continually who don't know gold from a hole in the ground. They are "always" wrong, and "always" out of position. mips1.net Gold was "hammered"(?) (we would have LOVED $346 gold when it was $265!)for 3+ reasons: 1. Hint, hint---the Fed is meeting, and STILL manipulating, using the criminally corrupt JP Morgan/Chase, Goldman, et al.; 2. Gold NEEDED to correct, and "dump the dummies" like commodity funds. It now HAS! It will now turn UP by Thursday afternoon; 3. It is completing the right side of a H&S BOTTOM (NOT a "top"), as the great Richard Russell has been calling for for months. Then it will move steadily higher for 15 more years of THIS 18 year bull market, and then much higher for another 18 years after an 18 year correction in the 2020s and 2030s. NOTHING could be EASIER to foresee. It WILL cross $3500 by 2050. Mark my words. Write this down. I called it (and BOUGHT heavily from $35 in 1967 to January 21,1980, then sold out and bought "disinflation" hedges in the 80s. Despite my advanced age, I have young chidren, who will suffer from a "dollar" which is being massively INflated ("There ain't no DEflation."), and which will purchase 1/10th of what it does today by 2050. Gold is real money, and therefore its price is the reciprocal of ANY increasingly worthless fiat paper currency, which they ALL now are! Why don't people grasp such simple but true realities. "Dump the dollar"---THAT is the "Fed/Feds'" multi-decade deliberate POLICY. "Pay off the debt and (now an UNderstated estimated $44 TRILLION in total liabilities) entitlement liabilities in counterfeit credit manufactured by the Fed. The world's biggest Ponzi scheme. No wonder we are handed manufactured "bubbles" run by "white collar" criminals rather than markets with integrity, while Greenspan falsely denies any knowledge of or any responsibility for, the MULTIPLE bubbles HE has deliberately and criminally CREATED. "Nero fiddled while Rome burned. THAT too was criminal. The deadly destructiveness of the "idle rich" and their henchmen, like Greenie, can no longer be tolerated. And how far the mighty Brits have fallen, when they pass out un-Constitutional(if the Fed is really Federal, rather than a private corporation owned by the big banks, which it actually is) "knighthoods" to such fools. These ary very sad days for America.