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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: Bruce McGaughey who wrote (8950)	3/27/1998 11:36:00 PM
From: Bearcatbob	Read Replies (1) \| Respond to of 116753

Been there and done that. Check out this one from Stockhouse. Another MUST READ... "Dr. Virtuous"?!? <Picture>March 25, 1998Cyriuss Investor Homepage <Picture>ÿAnother MUST READ... "Dr. Virtuous"?!? ÿ <Picture> The same source that informed us of the Buffett silver purchases before they were publicly announced called today to inform us of the following. (This man is well connected.) First: Something's brewing in Japan having to do with their fiscal year end and the stimulus package to bolster their economy. That something has to do with the re-arrangement of reserves to reflect the new realities in the international monetary system and will be announced around April 1, 1998. This probably has to do with Japan's reaction to the new euro and ECB (European Central Bank). It is unclear whether or not the package will have to do with gold directly, but we are told that it will have a great effect on gold. We know that the LDP ruling party in Japan has come out publicly in favor of a yen-based Asian currency system that would give Japan a central role. Second: This source tells us to watch oil carefully. At this writing it is up 71. There will be a strong attempt to talk oil down and keep investors from speculating in that arena -- but oil, he says, is going much higher. This ties in with the forecast and analysis of ANOTHER as published in the booklet, "In the Footsteps of Giants: The Gold-for-Oil Deal that Could Rock the World's Financial Centers." The strength of oil will shock the markets. Third: This source tells us that insiders are now convinced that gold is going to the $340-$360 area within the next 30 days. His own chart analysis is telling him that it was significant for gold to go through $300.50 and must now go through $303 to confirm a big move upward. Also watch XAU. To confirm the move it must go through 80. Fourth: Insiders are now seeing large bond liquidations by Japanese concerns. This will exert heavy pressure on the dollar and the bond market in the coming weeks. The first signs of this move on the part of Japan surfaced yesterday. Keep in mind that these are rumors and conjecture that we pass along for information purposes only. Anybody who trades on this information takes full responsibility themselves. We are unable to confirm any of this with hard fact, but the market appear to be reacting according to the scenario presented above. We will keep you informed.