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To: Jim Ilchyshn who wrote (6219)	1/18/1998 1:54:00 PM
From: Eva	Respond to of 116764

Jim, I was confused between Armstrong predicting Silver at $ 3.00, and the Ted Butler report on Silver ! How did you find out that Princeton Economic Institute has a short position on Silver ? And if this is true, how can this go unreported? I mean , this sounds highly criminal to me ! Thanks Eva

To: Jim Ilchyshn who wrote (6219)	1/18/1998 2:58:00 PM
From: Larry S.	Read Replies (1) \| Respond to of 116764

Jim, Would you care to post where you read or heard Armstrong state that gold will do nothing until the end of 98? Incidently, I think he is a physicist by training; though he may have been corrupted by picking up a degree in economics since. I belive he had just completed school and joined the computer group at RCA when they concluded that there was no future in computers. I understand that he decided to focus on investing and was primarily responsible for PEIs artificial intelligence computer system that they use for their market projections. Larry Smith

To: Jim Ilchyshn who wrote (6219)	1/18/1998 9:50:00 PM
From: philv	Read Replies (3) \| Respond to of 116764

Jim: PEI & M. Armstrong short on Silver kitcomm.com The above seems to corroborate your your assertion (post 6219)regarding his short position in silver, and by extension, the reason for his statements yesterday. It would be very disappointing to learn that someone in his position would use personal gain to try to manipulate the price. I have read many other comments since then, none of which support Armstrong's position, and others who point out that the physical silver (not paper) is gone--removed, and could be in vaults anywhere in the world. The shortage in Silver has been known for years, and has received wide coverage. Why Armstrong would suddenly declare manipulation now, when that shortage has been building, deserves a clear answer. And if none is forthcoming, we will have to draw our own disappointing conclusion. Phil