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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: Haim R. Branisteanu who wrote (49169)	4/25/2009 10:29:05 AM
From: TobagoJack	Read Replies (1) \| Respond to of 217917

fyi, i had e-mailed this message to a group [dennis] gartman, always a fun read, because he is an inflationist wastrel and manages to get gold more wrong than right, again and now, once more, as the little noisy squiggly red line crosses the blue line to pass the green marker, from the lower left to the upper right, shouting beans, we need beans, march and april beans ok, enough fun, over to you, the read and in the read, gartman commented on this letter by the b of a boss lewis Message 25593355 and i just got the following in response from a well-off middle-aged white guy, and it is a true hoot DG [Gartman] says he just can't believe Lewis' testimony.Note to DG-Ken Lewis spoke UNDER OATH.The penalty for perjury includes imprisonment for as much as 17 years.Has Bernanke spoken on this issue under oath? Or Paulsen? One thing that scares the crap out of well-off middle-aged white guys is an involuntary homosexual experience in a US prison.They will go to extraordinary lengths to negate this possibility, including going to extremes such as TELLING THE TRUTH when the penalty of perjury weighs in the balance

To: Haim R. Branisteanu who wrote (49169)	4/26/2009 6:22:25 AM
From: elmatador	Read Replies (2) \| Respond to of 217917

China responsible for near tripling Gold prices. TJ is walking his talk when he goes to mainland. China world's 5th largest gold holder 25 Apr 2009, 1927 hrs IST, Saibal Dasgupta, TNN Print Email Discuss Share Save Comment Text: BEIJING: Large scale hoarding of gold by China may have been partly responsible for the near tripling in prices of the yellow metal in the past six years. Figures released by the country’s State Administration of Foreign Exchange shows Beijing boosted its gold reserves by 76% since 2003 to become the 5th largest holder of gold in the world. China now has 1,054 tons of gold after adding 454 tons in the past six years. Its stock of gold is worth 31 billion at current prices. Chinese purchases of the yellow metal were mainly aimed at hedging its other investments from depreciation risks, sources said. Indications are that China would continue buying gold as a means to utilize part of its vast foreign exchange reserves at $1.95 trillion as on March 31, which the world’s biggest. It has surpassed Switzerland, which has reserves of 1.040 tons of gold. Yet, the Chinese stock of gold is just 2.28% of the world reserves against 31% held by the United States. The US holds 8,134 tons, followed by Germany with 3,413 tons, France has 2,487 tons and Italy 2,452 tons, according to the World Gold Council. The International Monetary Fund has 3,217 tons. The international price of gold has almost tripled to more than $900 an ounce from $337 in the past six year. Chinese Premier Wen Jiabao recently expressed concern that the dollar will weaken and this would result in erosion of the value of China’s holdings of US Treasuries. China is the biggest holder of US government debt with a total investment of $744 billion at the end of February. timesofindia.indiatimes.com