NEVER LISTEN TO ENVY FOR INVESTMENT ADVICE

On retrospect, I think KS's approach was brilliant. Demoralize the opposition with Monicagate, and suddenly you have witnesses coming out of the woodwork, no longer afraid they will have their children threatened, or their legs broken, or their careers ruined.

I think Kenneth Starr is on the home stretch, and as long as he can keep those two grand juries open, he stands a chance of nailing Hillary on racketeering charges which do not have a statute of limitations.

You must agree with me that Kenneth Starr looks much too happy to be empty-handed, and WJC looks like he is runnning scared.

But -- we are talking about the comeback kid. Somehow I think this is different. WJC's reputation has been ruined, and will take years that he does not have to get it back.

Notice the 'Vietnam war grade' demonsttations? Amazingly all in the last two weeks. Just wait another two weeks.

Irvine-Fella - Ensenada is one of my favorite spots. The surfing Between Ens. and S.D. is MOST EXCELLENT. The night life good too. There is a place on the 'main drag' that serves up one of the best chicken mole's I have tasted. Hussong's is a dive.......I love it.

I have not been so impressed by Cabo San Lucas....it's OK. If you like to fish it is VERY good. To each....his own, EH? How is Koooookoooooboooooora ( 'nother wink )

away...to get ANOTHER Foster's.............

Éßurp ( ! )

Their currency is completely worthless at this time ( for obvious reasons ) and the former long suffering and persistent nation state can now experiment with its currency without having to worry about it losing its value.

Russia has gigantic gold resources ( in the ground ) and limited ( 400 tons ) above ground.

Could it be possible for the politboro to announce the ruble is now backed by gold and this announcement be accepted by the other nation states.

Obviously, there will be great resistance from all the current countries who can simply produce one Billion US $ from one fell swoop of a 50' southern yellow pine tree. ( one tree contains enough pulp to print approximately one billion dollars in 50 dollar bills.

I am only posing this as a question. Is it possible?

Oris

BUY Feb Gold ( gcg9 ) - 9/18...hold till 9/23. 84.12% history..... ( 20yrs± )

Lots-o-resistence at 305±......time to sell there?

away...to place my bets

Éß

not a reco...

3-2-5 - 11/11/98 ...¿ohmy?

The upturn on the strategic ( $US 5 x 3 chart ) , which occurred when spot month price exceeded $US 290 on September 10 greatly inproves the chances that Gold has bottomed. Now, we have the phenomenon of buyers coming into the market with Gold in the high $US 280s.

We have updated our $US - $A Gold comparison page at The Privateer website to include this technical improvement on the $US Gold chart

No co-ordinated rate cuts according to both the Bundesbank's Titmeier and Greenspan. Big swoons on Asian, European and US markets. And the White House now reported as indulging in dirty tricks ( remember those, circa Watergate? ) . Things are indeed getting interesting

1 ) Castle Grande ( perjury, obstruction of justice ) , she denied this, but papers uncovered later showed she presided at over 14 meetings.

2 ) FBI file gate -- she was intimately involved with 900 files or so, and the fellow that managed the files. Colson of Whitewater fame went to jail for illegal access to only one FBI file.

3 ) Manipulation of Madison Guarantee, where she may have been involved in its systematic looting. Strangely enough, she was retained ( as I recall ) to represent Madison Guarantee -- through the Rose law firm, and she also represented the Government on the other side of the fence -- a clear conlfict of interest. When the dust settled, Madison Guarantee was bankrupt with the US Government having to pay something like 60 million dollars. Oddly enough, the only cash remaining was over $500,000 US which went neither to creditors or to the US government, but rather to pay the Rose Law firm for expenses. I monder -- how much went to Hillary?

According to Ambrose Evans-Pritchard, for some reason K Starr held off on prosecuting Hillary till now. Perhaps he had to get advice on whether to proceed, or perhaps WJC was offered a deal he refused.

Or -- perhaps this is a brilliant maneuver by K Starr to get maximum testimony -- break the case open with Monicagate so that the fear/respect of the president is gone, and then move in for the kill with testimony gathered since the Monicagate stuff blew up in WJC's face.

Masterful -- if this was planned. Regardless, this must be why KStarr looks like the Chesire Cat these days. His future in US history books, and probably on the Supreme Court, is assured.

Federal Reserve notes are legal tender currency notes.

---------------------------------------------------------------------------------------------------------------------------------

From Webster's New World dictionary:

Definition 7 )

a: ) a written promise to pay a some of money or a written acknowledgment of a debt from which a promise of payment can be inferred.

b ) a piece of paper currency. { a Federal Reserve note}

--------------------------------------------------------------------------------------------------------------------------------

The twelve Federal Reserve Banks issue them into circulation pursuant to the Federal Reserve Act of 1913. A commercial bank belonging to the Federal Reserve System can obtain Federal Reserve notes from the Federal Reserve Bank in its district whenever it wishes .

It must pay for them in full, dollar for dollar, by drawing down its account with its district Federal Reserve Bank.

--------------------------------------------------------------------------------------------------------------------------------

( One might be inclined to ask of the above sentence, An account of what? IOU's? )

---------------------------------------------------------------------------------------------------------------------------------

Federal Reserve Banks obtain the notes from our Bureau of Engraving and Printing ( BEP ) . It pays the BEP for the cost of producing the notes, which then become liabilities of the Federal Reserve Banks, and obligations of the United States Government.

---------------------------------------------------------------------------------------------------------------------------------

( I knew we were getting it tucked to us somehow! In case you don't understand, whenever they say, …obligations of the United States Government., that means that invisible hand is in your wallet. )

--------------------------------------------------------------------------------------------------------------------------------

Congress has specified that a Federal Reserve Bank must hold collateral equal in value to the Federal Reserve notes that the Bank receives.

-------------------------------------------------------------------------------------------------------------------------------

( Hmmmmm. Getting interesting here. Where does this collateral come from? )

------------------------------------------------------------------------------------------------------------------------------

This collateral is chiefly gold certificates and United States securities. This provides backing for the note issue.

------------------------------------------------------------------------------------------------------------------------------

( O.K. IOU's from Uncle Sam and the GOLD CERTIFICATES? Wait a minute, isn't the Federal Reserve supposed to put up the 'collateral? I'm confused here! )

------------------------------------------------------------------------------------------------------------------------------

The idea was that if the Congress dissolved the Federal Reserve System, the United States would take over the notes ( liabilities ) . This would meet the requirements of Section 411, but the government would also take over the assets, which would be of equal value.

-----------------------------------------------------------------------------------------------------------------------

( This sort of sounds OK, but I'm not a lawyer! Hey, Tortfeasor! Where are you? Why do I feel like the Indians who sold Manhattan Island…. )

----------------------------------------------------------------------------------------------------------------------

Federal Reserve notes represent a first lien on all the assets of the Federal Reserve Banks, and on the collateral specifically held against them.

---------------------------------------------------------------------------------------------------------------------------------

( Uh oh! A lien on an IOU? HMMM, maybe it's them gold certificates….. NAH! )

---------------------------------------------------------------------------------------------------------------------------------

Federal Reserve notes are not redeemable in gold, silver or any other commodity, and receive no backing by anything. This has been the case since 1933.

------------------------------------------------------------------------------------------------------------------------

****************BOOM! THE BOMB SHELL ADMISSION!*****************

------------------------------------------------------------------------------------------------------------------------

The notes have no value for themselves, but for what they will buy.

------------------------------------------------------------------------------------------------------------------------

****************AGAIN!****************************

-----------------------------------------------------------------------------------------------------------------------

In another sense, because they are legal tender, Federal Reserve notes are backed by all the goods and services in the economy.

------------------------------------------------------------------------------------------------------------------------

$$$$$$$$$$$$ Read that last one again folks! $$$$$$$$$$$$$$$$$$$$

%%%%%%%% Indentured servitude? %%%%%%%%%%%%

We now return to our regularly scheduled programming………………..

Yup - the anxiety is very high on my end as well - I've had my finger on the 'buy' trigger numerous times, but so far have held off the great temptation.

Who knows what will happen in the future.....all of us are afraid to miss the 'gold stock' boat. Perhaps a partial position, just in case, is called for...I have not decided on that for myself. I'm only holding about 5% or so now in mining stocks, but I could go up to 40-45% of my portfolio if I choose to ( I never bet everything on any one sector ) .

The thing that holds me back from buying now is not only that I'm looking for a little better price, it is knowing what happened to gold stocks in past crashes - down, down, down.

Gold and silver coins or bullion are quite another matter - I think these metals should be bought anywhere in this area, and held as insurance. I think there is less than a 10% price risk in buying at these levels, which from my point of view is no risk at all.

I just got out my trusty plastic ruler and scaled the EWT diagram. Here are the approximate turning points as shown on their chart:

Wave 1: Low 6500 Sept 18 ( +/- 1 t.d. ) t.d. = trading day

Wave 2: High 8300 Oct 2 ( +/- 1 t.d. )

Wave 3: Low 4000 Nov 6 ( +/- 4 t.d. )

Wave 4: High 5500 Nov 10 ( +8 t.d. )

Wave 5: Low 2500 Dec 4 ( +/- 3 t.d. )

You can construct your own diagram using those DOW levels and these dates. Please note that until the Elliott Waves develop further, THIS IS PROBABLY AN ACADEMIC EXERCISE.

Nevertheless, if EWT is even close, you could possibly make a fortune in futures or options. And you will need it - I figure the lynchings will start somewhere below 5000.

In reference to Yvan Auger: I do look at his work, and his ultimate target of 35 for the XAU ( especially combined with the ultrabearish picture painted in this EWT forecast ) is not good for stocks; any stocks.

http://www.ustreas.gov/opc/opc0034.html/#quest10

Under 31 U.S.C. 5118 ( b ) as amended, The United States Government may not pay out any gold coin. A person lawfully holding United States coins and currency may present the coins for currency . . . for exchange ( dollar for dollar ) for other United States coins and currency ( other than gold and silver coins ) that . . . citizens may lawfully own. Although gold certificates are no longer produced and are not redeemable in gold, they still maintain their legal tender status. You may redeem the notes you have through the Treasury Department or any financial institution. The redemption, however, will be at the face value on the note. These notes may, however, have a premium value to coin and currency collectors or deal....

-c

http://biz.yahoo.com/bw/980917/alta_gold__1.html

Hopefully the movers and shakers are getting ready to visit WJC and give him an ultimatum. He will acquiesce in a few months when he sees his popularity ebb away to nothing. If not, that shady group that put him on the pedestal will forcibly remove him. Nixon resisted for months also, until the heat was too much.

Never thought it would happen this fast. When the press turns on you, it is not a pretty sight. We are seeing history in the making ---- the awakening, born of the information revolution. Things are actually getting better for humankind, not worse. Just hope we evolve fast enough. Hard to say. Regardless, hard times are just ahead.

http://www.ustreas.gov/opc/opc0034.html/#quest10

What are Federal Reserve notes and how are

they different from United States notes?

Federal Reserve notes are legal tender currency notes. The twelve Federal Reserve Banks issue them into circulation pursuant to the Federal Reserve Act of 1913. A commercial bank belonging to the Federal Reserve System can obtain Federal Reserve notes from the Federal Reserve Bank in its district whenever it wishes . It must pay for them in full, dollar for dollar, by drawing down its account with its district Federal Reserve Bank.

Federal Reserve Banks obtain the notes from our Bureau of Engraving and Printing ( BEP ) . It pays the BEP for the cost of producing the notes, which then become liabilities of the Federal Reserve Banks, and obligations of the United States Government. Congress has specified that a Federal Reserve Bank must hold collateral equal in value to the Federal Reserve notes that the Bank receives. This collateral is chiefly gold certificates and United States securities. This provides backing for the note issue. The idea was that if the Congress dissolved the Federal Reserve System, the United States would take over the notes ( liabilities ) . This would meet the requirements of Section 411, but the government would also take over the assets, which would be of equal value. Federal Reserve notes represent a first lien on all the assets of the Federal Reserve Banks, and on the collateral specifically held against them.

Federal Reserve notes are not redeemable in gold, silver or any other commodity, and receive no backing by anything. This has been the case since 1933. The notes have no value for themselves, but for what they will buy. In another sense, because they are legal tender, Federal Reserve notes are backed by all the goods and services in the economy.

No dictator or despot or mass murderer can function without support from the general public. You could argue that Hitler was not to blame for what he did, but the German people for following his orders. We Americans are not much better -- but I hope we are all learning to be less gullible.

Once we understand our power to change our future on earth, we can reach our destiny in the stars. My guess is that we will have visitors who will welcome us when this happens. Hope I live long enough to see it.

I think gold equities might actually go up, so I raised the ante a bit -- liquid funds now up to 25% gold equities, rest cash. Foreign currency investments will probably do the best, as even a crash will not touch these.

Why do I think gold will go up this time? First, APH is buying, second the WJC testimony tapes are coming out tomorrow, and the consensus is that he did not handle the Grand jury questions at all well. They will be very damaging to the WJC illusion. Third, commodity indices seem to be bottoming. Many us crops wiped out this year -- especially Texas. EB will know which ones are a good buy better than I.

Why are they coming out? Simply because that congressional committee knows that the tapes are coming out anyway. We are repeating the Nixon fiasco, and since the fundamentals of the American image are in question, people will move to gold. Can't have a strong US dollar when the president is about to be impeached.

I will be prepared to bail out of gold quickly if deflation returns in a big way -- nothing on the horizon at the moment.

The Toronto Gold Mining McClellan Summation Index has been rising since a September 1st low. It is now rising quickly and looks healthy at this point.

The New Lows on Toronto mining issues have dried up, but not to a level of less than 6 issues for several days in a row. This is a lagging indicator of good health, and will be watched carefully. ( New York general stocks have the same problem right now...too many new lows each day ) .

The ratio of the Worden Brothers gold index to the price of gold reached an oversold extreme three standard deviations below normal at the end of August. This level has not been re-visited for ten trading days. This is a positive signal from where I sit.

The Toronto Gold Index hit a low of 4228 on the week of Sept 4th. This creates a trend line rising at 2% per week to be used as a stop loss. This week it is at 4399. As long as this holds, I am in.

Also -- music is a complex, often apparently chaotic collection of sounds -- not the simple continous sharp frequency so appealing to the engineer or mathematician. Live itself is chaotic with cycles hidden within -- only to be deciphered imperfectly by the human mind. The stock markets are an unusually convenient window into this apparent chaos ( and hidden order ) . Only the supreme being understands it all ( and, I think ) is constantly juggling our reality so that cause and effect remain connected for our benefit. Without causality, we could not develop our consciousness.

Think it is time to add to short/intermediate term gold holdings? APH thinks so. I am a bit worried about another gold fire sale from Europe or South America if the markets head south once more. But -- gold cannot drop too much farther, and 280 does seem to be a bottom, irrespective of whether ANOTHER was right about the BIS buying at this price. Regardless, we know that the BIS would start buying at a certain point, simply because they would see a bargain when it came their way -- since the BIS and the Rothschilds are undoubtedly still linked.

Btw, one million dollars gets you your body weight in golden eagles. *grin*