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Gold/Mining/Energy : Pacific Rim Mining V.PFG -- Ignore unavailable to you. Want to Upgrade?


To: Bill Jackson who wrote (9403)4/5/1998 1:10:00 PM
From: Natedog  Read Replies (4) | Respond to of 14627
 
Poor Mr. Buffet, no toys to play with.
Its going to get quite ugly for some people when the ole squeeze play comes to town.
Guess you just have to wait for the overhead parachute drops Bill.

It's clear that the "Goldsmiths" have gone to far by using a fractional bullion reserve systems in the COMEX warehouses. All seems fine until these banks start to panic and a "run" takes place, ala MR. Buffet. The absurd loan ratio needs to meet equilibrium and closing that gap is going to be some BLAST. Awwww the ruin and destruction will once again triumph through the golden lands.
Then we can all stop whining about the overall market place:)
Although I would expect to make alot more playing options
then sticking around here????+....ahhh. hummmm....

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