KITCO GOLD FORUM
1997-1999

index
Date: Mon Aug 03 1998 23:52
Jujube__A (Where is he?) ID#252286:

I miss him already. Absence does make the heart grow fonder.
Note: When he returns he will try to justify what he has written.
A sociopath does not realize what he has done is wrong.

Tim McViegh
Ted Kazinski
Marion Barry
Marv Albert
OJ
D. Cohen
Nixon
Bill Clinton
Hillary Clinton
Ted Bundy
Charles Manson

It is only a matter of degree. Think about this.

Date: Mon Aug 03 1998 23:44
Jujube__A (Jack) ID#252286:
Copyright © 1998 Jujube__A/Kitco Inc. All rights reserved

A circus sideshow freak is often impossible to ignore. Farfel does not know these markets, as was proven before. He says the most boneheaded things. He has put his foot in his mouth so often - remember the short squeeze as gold fell 5 dollars? His kind of mindless surface peek is the perfect example of how you do not approach this market. We will get on to his factual errors soon. Already he has made a bunch. No need to look back, but some of that would be useful too.

Your humble public servant

Jujube ( like the candy, sticky, gummy, tasteless, and just too much damn trouble to fool with )

Date: Mon Aug 03 1998 23:31
Jack (Geez,) ID#252127:

I hope that no one takes it to heart that ye'ole F*Mon the no holds barred pertecter of the yeller has single handedly brought back K2.

Date: Mon Aug 03 1998 23:21
Jujube__A (PH in LA) ID#252286:
Copyright © 1998 Jujube__A/Kitco Inc. All rights reserved

I did not write that vicious and horrible message to you, farfel wrote it, June 29, 1998 on K1. I am happy that you are filled with forgiveness for this gerbil. Others here still remember the constant negativity, insults, and hate spewed forth by farfel, just like the post he wrote to you below. I have no problems with you at all. If you donít like my public service, I apologize, but many new people find this site every day and they should be aware of what they are dealing with.

People donít like farfel for the same reason they donít like Bill Clinton. Both are sociologically flawed, both lie to us, and both think that a quick joke, a smile, and a quivering bite on the lower lip will stand in stead of penance for their sins. It is not that easy.

If you donít like me because of my selfless sacrificing, please feel free to insult me and call me names. I promise to you, I will respond with no unkind words, in fact, I wonít even respond. I donít know you, you donít know me. I have never said anything to you except these words you now read. I find it hard to understand how you can be angry at me, who has never done you a bit of harm, and be so cozy with the hate filled beast who posted that horrible message to you. This is not my business, it is yours, and you donít have to explain anything to me. It just puzzles me.

Date: Mon Aug 03 1998 23:04
Jujube__A (To bring new readers up to date:) ID#252286:
Copyright © 1998 Jujube__A/Kitco Inc. All rights reserved

farfel used to post on K1, before insulting everybody on the site, and the site itself, in the ugliest language and hate this site has ever seen. When gold moved exactly as RJ said it would - down - farfel flipped his wig and wrote all that has been posted on these pages these last couple days.

Since new people are always visiting this site, it is only fair that they are aware of the type of personality disorder they are reading. As a public service, I will always make sure this evidence is never more that a post or two away from farfelís last post.

You are welcome.

Date: Mon Aug 03 1998 22:58
PH in LA (Waiting for the fur to fly.) ID#225408:
Hey Jujooby:

Stay tuned here for a day or two!

My thoughts for Farf will include you. Don't forget that many live in glass houses and when the rocks start flying they can go in all directions.

Cut and paste all you want. Many of us know exactly what has been written, and who wrote it, too. And not everyone is afraid of you.

Indeed!

Not all of us!

Date: Mon Aug 03 1998 22:46
Jujube__A (To avoid not loving farfel) ID#252286:

Please do not use these words that farfel does not like.

farfetched, fartful, farfelburger, farfelonious,

All right, hug.

Date: Mon Aug 03 1998 22:40
Jujube__A (farfel loves PH in LA too) ID#252286:

Farfel from 6/29/98

farfel ( @PH**KHEAD IN LA... ) ID#340302:
You were never a fan of FARFEL? Who cares? Who really cares what drivel you post on this forum? Who cares who you like?

Go back and worship your David Carradine impressionist, ANOTHER. That's more your speed. You can find him on USAGOLD raking in the bucks courtesy of ass-for-brains sheep like yourself.

Thanks.

F*

Date: Mon Aug 03 1998 22:32
Jujube__A (The beloved farfel) ID#252286:
Copyright © 1998 Jujube__A/Kitco Inc. All rights reserved

What do some others have to say about farfel? Letís see how he is loved.
( For this is what he searches for. Sadly he does this like a bull in rut )


RETIRED SOLDIER ( F* ) ID#347235:
You really need help, I don't know why it is that you feel obligated to attack people once or twice a month you go on the rampages, disappear for a few days, come back acting somewhat better for a few days and then start up again.

CoolJing ( ) ID#343171:
Farfel claims to have bailed on gold, why is he freaking then? Truth no doubt is he didn't sell and is loosing patience, my guess is he has more than just beer money riding on gold. Doesn't excuse the behavior but I know the angst.

CharlieS__A ( LGB,Farfel,PH in LA ) ID#298380:
You yo-yos deserve each other.

ChasAbar__A ( Apology ) ID#340344:
I hereby apologize to all people in all countries of the world. Please understand that at the present time on this otherwise wonderful forum, there appears to be no limits to insulting behavior. I believe that no one is his right mind would write the comments that Farfel has been writing. I don't personally know *anyone* who takes pleasure in seeing economies and currencies collapsing. Rational people do not take pleasure in the sufferings of others. I do not think that *any* country is benefiting by the anguish and suffering which is happening in the world-wide financial markets. No one is happy. No one is smiling about it. I believe that Farfel is feeling ego-bruised, and angry. He speaks *only* for himself. I feel embarrassed by his postings.


JTF ( Looks like you are in a lousy mood! ) ID#57232:
Farfel: RE: Insults. Have you left anyone out? If you are invested 100% in gold or gold stocks, based on your own advice, I would suggest backing off a bit. That should do wonders for your mood.

John Disney__A ( The Tragic Tale of Farfel .. ) ID#24135:
Prince of fools.
Alas Poor Farfel ..
he hath fallen far ..
Prince Farfel, Richard of Cranium,
has become dedicated to making an idiot of himself..
Cease thy efforts sweet Prince or we may begin to love you less..

aurator ( ) ID#257148:
do have a wee peek below, at one of my recent posts, farfel has fallen far indeed.
John Disney__A ( The Farfel .. an extinct wingless bird ) ID#24135:
To all .. Farfel, poor thing, finally seems to have lost it..

Miro ( I finally read the last nigh posts and it makes me sick!! ) ID#347457:
Well folks, I went away for a couple of days, so all that talk about Farfel was not clear to me until I want and read the last night posts. Folks, this forum has seen a lot, however the last night was the most despicable show of human behavior I saw on this forum. I am sorry James, and the rest of people who were attacked by the rabid Farfel, and I would say that anybody who did not try to stop this sheer nonsense is a guilty as Farfel.

Now, if you want to, go ahead and accuse me of being anti-Semite. Yes, I am Catholic, but first I am a human. Reading the last night post make me sick and it would make me sick the same way if Catholic poster was attacking Jews the way Farfel did the other way around! Looks like this forum is attracting more and more sick minds on the Internet - not a good sign for gold!!


James ( Your silence was deafening@I've had some time to think over the unwarranted )
ID#252150: attacks on me by Farfetched re: anti-Semitism. None of you came to my defense & I'm well aware that a large % of the posters on this board are Jews. Furthermore, although the rabid, mad dog attacked my wife, no one spoke out. To say I was disappointed would be an understatement. Except for a very few posters on this board, I'm disappointed with the lot of you & think most ofyou are a bunch of insensitive, gutless wonders.


RETIRED SOLDIER ( More fun ) ID#347235:
It is more fun today because F* the conjoneless one has not posted today. It is always quiet and peaceful without him.

RJ ( ..... James ..... ) ID#410215:
You know I am empathetic to being at the receiving end of the club, and I thank you for you stalwart and humorous support of me in the past. The tone of the argument last night was so ugly and vicious, I can well see why most choose to stay right out of it. It was almost embarrassing to read, like witnessing a breakdown right before our eyes. Most were stunned into silence. There are no winners in that kind of brawl, but I believe the overwhelming majority of Kitco readers agree that that kind of rabid frothing is not welcome here. You have good right to be offended.

henryd__A ( RJ - I'm touched. ) ID#403274:

You singled me out... me. I'm honored, to say the least. Farfel's behavior has been inexcusable. He knows it, and so do you. Even at your worst ( rude, that is ) , you still stay within the bounds of good taste... F* hasn't. I have to conclude that either he's gone over the edge or he's pulling our collective legs.

HighRise ( Gold ) ID#401460
By the way, F* and others, Individuals should not log on to this site while under the influence. Your irrational immature dialog does not impress us, quite the contrary, your words are a waste of our time, we are forced to watch you make fools of your selves when we have much more important matters on our minds - like our investments for our familyís future. In the future, please take your problem some where else

HighRise ( RJ ) ID#401460:
There was nothing anyone could do or say that would improve the situation last night. There was one other time that I know of when he did the same thing - he had either totally flipped out or was under the influence of something. No one can be rational with an irrational individual. One just becomes a co-dependent when trying to engage such a person in that condition. He is really sick.


Jujube
I don't think farfel is a pox ridden, crazy, base, mean, rabid, meglomanical, unpleasant and thouroughly despicible rodent. My opinion of him is higher than that. I don't think he has pox.

Lets just understand him and love him, ok?

Group hug, everybody......... farfel....... you too......

Date: Mon Aug 03 1998 22:27
TYoung (F*...getting some visitors. Yes?) ID#317193:
Nite, nite...sleep tite. I wait for the market...NAB.

Tom


Date: Mon Aug 03 1998 22:27
PH in LA (Note to Farfel) ID#225408:
Copyright © 1998 PH in LA/Kitco Inc. All rights reserved
Hey Farf:

Glad to see you still keeping body and soul together over here. Have some thoughts of my own for your consideration when I get a few moments to get them down clearly. For now, just let me suggest that you don't let anyone, especially old Joobie/RJ, get to you personally. Always could see you were not stupid. Just couldn't understand why you let anything they/we said get so far under your skin.

Actually, it was kind of fun seeing some of your old work again, compliments of JR or Jr. ( or rJ JB or whatever he calls himself over here ) and his cut and paste. Don't forget he is a pro, too...and at what! He's not stupid either but can only have an effect if you let him.

I never have done the forcast thingie...but let me give it a try just this once: This K-2 site will gain readership and do just as well as K-1 someday, if it can avoid getting to be just another mutual-admiration society drinking club with all the gulpin' goin' on, and all over there lately.

Like you said in your last post-seems like an eternity ago-to me ( with regards to RJ ) : Who cares who you like? ( and by inference Who cares who likes you ) . You have ideas! Watchin' the billionaires! Keep em comin'! We'll keep on readin' em.

Sincerely, PH in LA

Date: Mon Aug 03 1998 22:17
farfel (@BILL2J...you raise very good points about GOLD...) ID#341227:
Copyright © 1998 farfel/Kitco Inc. All rights reserved
...and the generational loss of memory here in America.

However, in many other, increasingly powerful countries outside America, gold is regarded with a good deal more reverence...

There may come a day ( soon ) where these countries say to America, We no longer have great faith in your dollars. We feel you have cheapened them by over-issuing them throughout the world. Your dollar's usage as the sole world reserve currency no longer makes sense. It creates all variety of neverending economic instabilities throughout the world. The US Dollar status quo turns hard-working, nations of surplus producers into beggars while legions of American debtors relax peacefully in the sun. We will trade with you ONLY if a portion of the payment is in physical gold ( or silver ) and naturally, you should expect the same of us. Owing to the volume of transactions between our countries, if this proves unwieldy, then we will jointly devise an E-gold system subject to verification of your metal reserves and ours. But we insist upon owning tangible real assets whenever we trade with you, not simply a claim on the good faith of your government. Eventually, over time, we shall sit down together and devise a new paper/cyber currency system ( possibly comprising global multi-regional reserve currencies ) that facilitates the correction of global regional instabilities and gross inequalities. But until then, gold will serve as the bridge to such a new economic era.

In other words, Bill2J, outside forces may compel your children to educate themselves quickly in the history, value, and usage of gold.

If America's youth can figure out how to operate an automatic teller machine in a matter of an hour or so, then it will not constitute a major leap for them to learn how to conduct international transactions in hard metal.

Thanks.

F*

Date: Mon Aug 03 1998 21:39
Bill2j (Gold) ID#260389:
Copyright © 1998 Bill2j/Kitco Inc. All rights reserved
As a regular reader of Kitco it has struck me many times and often how much faith Kitcoites have in the past. Gold will go up because under similar circumstances it went up 40 years ago. However it has been over a generation since gold was demonitized. What if there is no one left out there that knows what gold is supposed to do under those similar circumstances? What if all us gold bugs are hollering but no one hears us? My wife and I have 11 children between us. Not one of them knows that gold was ever used for anything other than jewelry. If I told them gold once was considerd money they would think I was nuts. Under that scenario gold might well drift down and down and no one would ever care or know simply because they don't know what it is supposed to do.

Date: Mon Aug 03 1998 21:10
farfel (golden eagles....) ID#341227:
Copyright © 1998 farfel/Kitco Inc. All rights reserved
Sent to me today by a goldbug...


A farmer was sentenced to jail for robbing a coin shop.

It was the beginning of the planting season and his entire
income depended on getting in his potato crop.

His wife sent a note to him in prison asking: Do you think
I'm going to dig up the field and plant those potatoes all by myself?

The prisoner promptly wrote back: Whatever you do, don't dig
up that field. That's where all the golden eagles are buried.

A week later, the wife responded. Somebody must be reading
your mail. Some men came by and dug up the field. What do I do now?

Back came the reply:Now plant the potatoes!


Date: Mon Aug 03 1998 21:04
CPO@AU (farfel Rea;l signs from around the world aug3 :) ID#329186:
Now that was just the tonic needed ,laugh I'm in tears

go gold

cpo-uk

Date: Mon Aug 03 1998 20:54
TYoung (I doubt he went from paper to paper but ...) ID#317193:
How the hell would I know. Maybe I should call and have lunch?: )

Think the Yen would rise if they sold US paper?

Tom

Date: Mon Aug 03 1998 20:46
farfel (@TYOUNG...unfortunately, Buffett's move is unnerving...) ID#341227:
...really hard to tell what he has in mind.

The odds favor he is either:

1 ) Raising Cash for some unknown purchase ( another DOW company? )
2 ) Using the cash to buy more silver ( and/or gold )
3 ) Possibly converting the cash into another currency
4 ) Fill in the blank.

What does it mean for the POG or POS.

Who the hell really knows?

I make NO short-term predictions about PM's any more.

Thanks.

F*

Date: Mon Aug 03 1998 20:10
TYoung (F*...........Buffett) ID#317193:
Buffett buying silver is interesting...Buffett selling bonds is scary. After thinking long and hard Iím scared. This equals paper money going down the tubes. High interest rates with paper US$ís losing value.

Add his comments about the stock market values tied to earnings and the picture is clearer. Not a good sign if he is correct. Yes?

Tom

Date: Mon Aug 03 1998 19:33
farfel (Computer just sent me ANAGRAMS for the name FARFEL..) ID#341227:
Copyright © 1998 farfel/Kitco Inc. All rights reserved
For all my detractors out there, you now have these anagrams to choose from in distorting/ridiculing my illustrious handle:

FARFEL ( ANAGRAMS )

Raffle. Elf far.
Lf fear. Flea rf.
Leaf rf. Fare lf.
Elf Fra. Flare f.
A rf elf. Feral f.
Frae lf. A lf ref.
El far f. L fear f.
Ear lf f. Ale rf f.
Lf are f. Lf era f.
Real f f. Lf far e.
L far ef. Flea R f.
Leaf R f. Fare L f.
Elf AR f. Re a lf f.
Lea rf f. Earl f f.
Eff La R. Eff L AR.
La ref f. La rf ef.
Lf rf Ea. Lf AR ef.
A R elf f. El Fra f.
Ae lf rf. L frae f.
Lf Fra e. L Fra ef.
A rf el f. A L ref f.
Eff a L R. A lf rf e.
A lf R ef. A L rf ef.
Re La f f. Ear L f f.
Ale R f f. L are f f.
L era f f. L far f e.
Re a L f f. Lea R f f.
El AR f f. La rf f e.
La R f ef. Lf AR f e.
Lf R f Ea. L rf f Ea.
L AR f ef. Ae lf R f.
Ae L rf f. L Fra f e.
A R el f f. A lf R f e.
A L rf f e. A L R f ef.
La R f f e. L AR f f e.
L R f f Ea. Ae L R f f.
A L f R e f.

Thanks.

F*

Date: Mon Aug 03 1998 19:21
HepMeMoney_Hmm (F* ----------Pleased You Liked It) ID#404124:
Welcome back to the land of The Milked And Funny .

Let's see what drops Like A Rock in the next few weeks ahead,shall we?

Bob Segar........one of my faves.Silver Bullet Band.........Yup.


Date: Mon Aug 03 1998 19:14
farfel (@RETIRED SOLDIER....last time I was in Germany...) ID#341227:
...I went to Erlangen ( outside Nuremburg ) for an old girlfriend's birthday party.

Sixty people got drunk as skunks, then everybody slept over on the floor.

Memories of wild youth...

That was before East. Germany united with the West.

Anyway, I don't expect to go there soon but I hope things work out well for you and your wife.

Thanks.

F*

Date: Mon Aug 03 1998 19:09
farfel (@HEPmeMONEY...Bob Segar is the best, what a voice, what emotion...) ID#341227:
...my favorite is, WE'VE GOT TONIGHT.

Whenever you played that one, NO girl could resist. She'd hop into bed in an instant.

Several other guys with comparable voices: Joe Cocker, Van Morrison,
Benny Mardones ( Into the Night ) , and Springsteen.

Thanks.

F*


Date: Mon Aug 03 1998 19:01
HepMeMoney_Hmm (Like A Rock----Bob Segar) ID#404124:
Copyright © 1998 HepMeMoney_Hmm/Kitco Inc. All rights reserved
Since this forum is for gold investors and not market analysts,I would like to take the oportunity to provide investors of faith in the Yellow Metal with this little tune of inspiration.Do not use it as investmant advice,but more of an idealism of conviction.

Stood there boldly

Sweatin' in the sun.

Felt like a million,

Felt like number one.

The height of summer,

I'd never felt that strong,

Like a rock.

I was eighteen,

Didn't have a care,

Working for peanuts,

Not a dime to spare.

But I was lean and

Solid everywhere

Like a rock.

My hands were steady.

My eyes were clear and bright.

My walk had purpose.

My steps were quick and light.

And I held firmly

To what I felt was right

Like a rock.

Like a rock, I was strong as I could be.

Like a rock, nothin' ever got to me.

Like a rock, I was something to see.

Like a rock.

And I stood arrow straight,

Unencumbered by the weight

Of all these hustlers and their schemes.

I stood proud, I stood tall,

High above it all.

I still believed in my dreams.

Twenty years now.

Where'd they go?

Twenty years,

I don't know.

I sit and I wonder sometimes

Where they've gone.

And sometimes late at night

When I'm bathed in the firelight,

The moon comes callin' a ghostly white,

And I recall,

I recall.

Like a rock, standin' arrow straight.

Like a rock, chargin' from the gate.

Like a rock, carryin' the weight.

Like a rock.

Oh, like a rock, the sun upon my skin.

Like a rock, hard against the wind.

Like a rock, I see myself again.

Like a rock.

Oh, like a rock.

Oh....

Date: Mon Aug 03 1998 18:15
RETIRED SOLDIER (Pierre/Rumpled) ID#347235:

She is good to hears from you too mon ami! Mah Miss Lois is gone to da GOOOODD jobs in Garmisch-Partenkirchen in Allemaigne!! Maybe yo comes to see us dere? Viagra is still work good and de French Lick is Better yet!! Bon Jours,Toujours Pret. Red Neeck

Date: Mon Aug 03 1998 18:10
RETIRED SOLDIER (F*) ID#347235:
I thought your outburst was out of character for you,no I havent seen that movie, I generaly dont care to watch movies about combat by people who were never in it. Having been a combat photographer myself. BTW my wife has just been selected for a high level job in Garmisch-Partenkirchen Germany and we will be moving there soon, if you ever get there maybe we can meet. Jere Smith

Date: Mon Aug 03 1998 18:07
SWP1 (Buffett's buying Gold!) ID#233199:
....psstt

....Pass it on..

Date: Mon Aug 03 1998 17:39
Rumpled (IT IS ME PIERRE!!) ID#411233:
Copyright © 1998 Rumpled/Kitco Inc. All rights reserved
Bon Jour Red Neek mon ami! She's good to here's frum you! Pierre hope
everting is well. You still chase all da girl on Alaska? I'm ask Mr. Bart for
to call me Pierre, mais him say he got no Pierre's left. All him had left was
littledick, and Rumpled. Pierre taught on dis for long time, den pick Rumpled.

Tings are to go well on da sex club. Pierre him he's now study to one day
becomes head towel boy.

She's not look good for da Golden and Silvers, mais Pierre not worries,
buy more. I'm still say da worse case of scenearrows is Golden $255-260
XAU-50.

Anyways dats all dats news for Pierre.
SALUT MON CHUM
HAPPY GOLDEN AND SILVERS

Date: Mon Aug 03 1998 17:23
TYoung (F*...thanks for the info on my Omaha friend selling his bonds...) ID#317193:
I'll think long and hard on that.: )

Tom

Date: Mon Aug 03 1998 17:20
farfel (@RETIRED SOLDIER...I love you, man...) ID#341227:
...my apologies for the previous rant ( 404'd before I could explain myself ) .

Naturally, I have the greatest respect for men like yourself who served their country. THE GREATEST!

Thanks.

F*

P.S. I hear Spielberg's SAVING PRIVATE RYAN really shows war like it is. Have you seen it?

Date: Mon Aug 03 1998 17:16
RETIRED SOLDIER (Farfel, PIERRE) ID#347235:
F* good to see you, hope we can keep it out of the woods this time, hope you had a good vacation and are feeling better.

Pierre, is yo buddy Le Neek Rouge!! Is gud to see ya,glad you joined us

Date: Mon Aug 03 1998 16:59
Rumpled (IT IS MOI, PIERRE) ID#411233:
Farfel, Jack, Merci pour votre rťponse.

Date: Mon Aug 03 1998 16:55
farfel (@ALL..just learned COMEX SILVER stocks increased...) ID#341227:
...to over 79 million ounces today.

That would account for silver's decline today and should be bullish for silver tomorrow ( if you believe APH's theory that fundamentals are of no importance on future PM prices since they are already factored into the existent price ) .

APH, right or wrong? We all watch silver market tomorrow, yes?

As Al Pacino would say, Hoohah.

Thanks.

F*

Date: Mon Aug 03 1998 16:45
farfel (@RUMPLED...your bet that silver will take off before gold...) ID#341227:
Copyright © 1998 farfel/Kitco Inc. All rights reserved
...sounds logical today.

Silver COMEX inventories of approx 78 million ounces are about the same as those in '82 ( when silver was approx. $11 bucks, post-Hunt Bros. manipulation ) . Meanwhile, silver consumption has increased significantly from that date to reflect the needs of a much greater global population.

Yet, the investment houses ( led by Merrill Lunch ) and hedge funds keep shorting the hell out of the metal. There will come a point where MOST silver traders will demand physical delivery of their metal ( just as Mr. Buffett is doing ) and that development will end the great silver shorters scam.

However, once silver starts shooting upward, then expect that gold will come along for the ride. A rapidly rising silver price should get people investigating the yellow metal at which point they will discover the meager physical inventories of Au. Then, somebody ( or some consortium ) will probably pull a Buffett move in the gold market, purchasing huge volumes of the stuff and taking delivery. Leased gold will be recalled ( if it can be ) , CB gold sales will disappear, and Voila.
Gold at 600 or much better.

Yet, there is another scenario where gold demand would lead silver demand: the greatest threat to suppressed PM prices is that, in a financial panic, retail/whosesale gold demand in America will explode through the roof. We are already witnessing inklings of such demand as American gold retail sales are rapidly mounting.

A financial panic triggering the public's demand for gold would present a scenario in which most likely a surging gold price leads the silver price.

IMHO

Thanks.

F*


Date: Mon Aug 03 1998 16:36
Jack (Pierre) ID#237264:
Copyright © 1998 Jack/Kitco Inc. All rights reserved

I think that both Ag and Au are effected by the shorts, but silver has the definite advantage because of the draw down over the past eight years -due to the production deficit. Your price objective is not unattainable, but we can be sure they will use every spin in the book to stop the metal.
I think that if the shorts are hit and silver increases materially it will rub off on gold.
The present situation in demonizing gold could be an experiment to give fiat a chance to upsurp gold, but the rash of recent devaluations worldwide says otherwise, at least to me.
On the other side it gives the conservative money powers a chance to buy the yellow on the cheap. or still cheaper. Cruel world.

Date: Mon Aug 03 1998 16:27
farfel (In tribute to BART KITNER....) ID#341227:
Copyright © 1998 farfel/Kitco Inc. All rights reserved
..a computer service generated a list of ANAGRAMS of BART KITNER's name and sent me the entire list just a few moments ago.

Here it is: BART KITNER ( ANAGRAMS )


Bitter rank. Tinker brat.
Brink treat. Trek in brat.
Trek bin rat. Batter rink.
Trek rib ant. Bet rat rink.
Trek bit ran. Trek bin art.
Brat 'n' I trek. Rib ken tart.
Kerb in tart. Trek bin tar.
Kerb rant it. Bitter knar.
Trek bran it. Rent kit bar.
Trek tin bar. Kirn batter.
Trek nib rat. Rat ken brit.
Kern brat it. Ark 'n' bitter.
Bark rent it. Ark bittern.
Trinket bar. Kerb tin rat.
Trek rib tan. Irk bent rat.
Tank err bit. Knit re brat.
Rent ark bit. Trike 'n' brat.
Rat kern bit. Err bank tit.
Trek bar 'n' it. Bet rink art.
Knit barter. Rent kit bra.
Trek tin bra. Trek barn it.
Bet tar rink. Kit 'n' re brat.
Rat kit Bern. Rat kit Bren.
Irk net brat. A brink tret.
Rink be tart. Tank re brit.
Batter in KR. Kirn bet rat.
Rib rat Kent. Kerb it 'n' rat.
Irk bet rant. Bk it ranter.
Tanker brit. Kit 'n' barter.
Irk brat ten. Barker 'n' tit.
Kerb tit ran. I, rank Brett.
Trinket bra. Ark Britten.
Trek nib art. Trek 'n' a brit.
Irk 'n' batter. Ken brit art.
Tint barker. Inter rat bk.
Irk bat rent. Irk rent tab.
Rib tent ark. Trek nib tar.
Kerb tin art. Tar ken brit.
Trek bra 'n' it. Irk bent art.
Trek rib 'n' at. Tin erk brat.
Kit bar tern. Taker 'n' brit.
Trek brit. An. Errant bk it.
Ark in Brett. Kerb tin tar.
Rant erk bit. Battier 'n' KR.
Irk bent tar. Bark it tern.
A rink Brett. Tart 'n' I kerb.
Trek rant BI. Trek bar nit.
Bin erk tart. Bite rant KR.
Rent Ki brat. Kern bit art.
Bet rat in KR. Knit bat err.
Knit err tab. Net ark brit.
Trek t brain. Rat inert bk.
Tar kern bit. Kern bar tit.
Kerb rat nit. Kirn bet art.
Kit Bern art. Kit Bren art.
Ark bernt it. Ark Brent it.
Kerb it 'n' art. Tinker rat B.
Irk bet 'n' rat. Ark bit tern.
Ark brit ten. Ta! trek 'n' rib.
Erk brat 'n' it. Tar kit Bern.
Tar kit Bren. Rib Kent art.
Inter k brat. Kit 'n' bat err.
Kit 'n' err tab. Brit traken.
Rib nett ark. Bat inter KR.
Bet train KR. Kirn be tart.
Rib nek tart. Banter KR it.
I rat bent KR. Kirn bet tar.
Rib tar Kent. Kit bra tern.
Rate t brink. Tear t brink.
Kerb it 'n' tar. Trek brat Ni.
Bin KR treat. Inter KR tab.
I rent rat bk. Rib rent kat.
K bit ranter. Irk Barnett.
Trite 'n' bark. Brink tart e.
Ink batter R. KR tribe ant.
Bitter k ran. Kerb 'n' trait.
Inter bk art. Trek bra nit.
KR 'n' a bitter. Kit B ranter.
Kart 'n' tribe. Trek rat in B.
Irk tent bar. Rat nek brit.
Trek rain tb. Erk 'n' rat bit.
Ink bar tret. Inter tar bk.
Rib net kart. A KR bittern.
Kern bra tit. Ark Bern tit.
Ark Bren tit. Neat KR brit.
Rant k tribe. Inert k brat.
Bark in tret. Bat inert KR.
Irk bat tern. Kerb it tarn.
Ranker tb it. Trek BI 'n' rat.
KR 'n' bite rat. Bitter KR. An.
Barren k tit. I bark trent.
I trek rat Nb. I bet rant KR.
T rank tribe. Rib kart ten.
I net KR brat. KR 'n' I batter.
Inert KR tab. Tinker bat R.
Irk tab tern. Bark tit 'n' re.
Trek train B. Errant k bit.
Bet KR in art. Bk 'n' rare tit.
Tank tribe R. Kern brit at.
Tinker tab R. Batter kin R.



Thanks Bart. My favorite is BARKER N' TIT.

F*


Date: Mon Aug 03 1998 16:22
farfel (@QUION 97 and PETE...thanks for the warm sentiments...) ID#341227:
...sheesh, you guys make me blush.

Thanks.

F*

Date: Mon Aug 03 1998 16:20
farfel (@JACK...re: Buffett sale of long-term treasuries...) ID#341227:
Copyright © 1998 farfel/Kitco Inc. All rights reserved
...does Buffett smell higher rates coming?

He doesn't have to smell them. He sees it clearly because Greenspan drew a clear picture for him when warning of a greater threat of future domestic inflation than deflation.

( I must say that, the more I reflect upon it, the more I believe that Greenspan is the only Clinton government member who is trying to bring some degree of reality to Wall Street. Unfortunately, his greatest crime was NOT adjusting interest rates higher last year to redress the extant financial bubble ) .

We already have tremendous upside potential for service sector inflation in America, regardless of deflationary trends in various manufactured goods and various commodities...and we are in fact a service economy today.

Thanks.

F*

Date: Mon Aug 03 1998 16:13
Jack (Buffet@15:28) ID#237264:

Forgot to add that the value of Zeros increases in proportion to the amount of value built up each year toward maturity, but still effected by interest rates and taxes due, if the build up is taxable on a yearly basis.

Date: Mon Aug 03 1998 16:08
Rumpled (@ANYBODY) ID#411233:
Been doing some thinking ( dangerous ) about investments in the PM'S.
I'm starting to feel that silver, and only silver, is the metal to be invested
in. I don't think it's possible to have a rally in gold, without silver following,
but I believe that silver could rally, with gold staying in the doldrums.

In short, I think it's far more likely to see $11 silver, than $600 gold.

Would appreciate anybody's opinion on this.
Thanks.



Date: Mon Aug 03 1998 15:57
Pete (farfella, missed you!) ID#222231:
Glad to see you did not give up. Please do not allow x=x,y,z to bait and trap you AB.

Our turn will come for gold. Just hope we live long enough.


Date: Mon Aug 03 1998 15:49
quion97 (Executive order 10997) ID#230244:
ALLOWS the government to take over all alectric power, gas, oil, fuels, and minerals. Humm Mr Klinton has a lot of power. ( quote from Strategic investment of July 22 1998. )

Date: Mon Aug 03 1998 15:43
quion97 (Farfel) ID#230244:
Nice to see you posting .

Date: Mon Aug 03 1998 15:34
jonesy (@ Farfel) ID#251166:
Hi. Just dropped in to say hello. Like your analysis on the Buffet deal. Think the reverb's still a day away.

Speaking of away, must fly. Keep up the good fight, my friend.

Date: Mon Aug 03 1998 15:28
Jack (Buffet) ID#252127:
Copyright © 1998 Jack/Kitco Inc. All rights reserved

Aren't Treasury Zeros instuments bought at large discount to the face amount and which are payed off at face value at maturity.

In betwix, their street value is predicated on interest rates but no interest is payed, as it all comes with maturity.

I think ( but, am not sure ) that the holder gets taxed on the calculated annual interest for each tax year held.

Could it be that Buffet smells higher rates coming, or the inability of the US to pay off on its huge debt except with eroded dollar values?

Hope he buys more silver, and hopefully some gold with the profits.

Date: Mon Aug 03 1998 14:48
farfel (@TYOUNG...one other thing about pressure on GOLD shorts...) ID#341227:
Copyright © 1998 farfel/Kitco Inc. All rights reserved
...the past week's TWO gold stock upgrades ( including ECHO BAY, if you can believe it!! ) by GOLDMAN SACHS could not have gone unnoticed by gold shorts.

It has really been a long time since GOLDMAN has upgraded gold stocks. A long time! Now, even a major Wall Street house is breaking ranks ( with the likes of gold/silver short extraordinaire Merrill Lunch ) and declaring a floor for various gold mining companies. Not just any investment house, mind you...but Treasury Secretary Rubin's favorite house on The Street.

Oh, oh!!!!

Again, if the gold shorts cannot cause complete capitulation this month on the part of gold investors, then I question their ability to sustain this gold carry trade house of cards.

Thanks.

F*

Date: Mon Aug 03 1998 14:37
farfel (@TYOUNG....I think today's BERKSHIRE HATHAWAY (BUFFETT) NEWS....) ID#341227:
Copyright © 1998 farfel/Kitco Inc. All rights reserved
...announcing the complete sale of his entire long term treasury bond holdings probably put pressure on gold shorts to use all their remaining available reserves and push gold down again. I noticed gold weaken significantly almost immediately after the CNBC announcment ( -.20 dropping to -2.00 ) .

I don't think it was a coincidence. No way! I feel certain gold's down move was orchestrated by Wall Street gold shorts/Bonds bulls. Also, aggravating matters was market wizard Jimmy Roger's Friday announcement heralding imminent stagflation...very bad for bonds but GREAT for gold!

Again, it is imperative that gold shorts convince fleeing DOW investors that BONDS are the only real flight to safety...NOT gold or silver.

Thus, if gold had been strengthening ( and Bonds weakening ) when the Berkshire announcement was revealed, then the momentum might have accelerated. Gold shorts stepped in at just the right moment. However, I would imagine their ability to continue these kinds of interventions is nearly exhausted. The gold carry trade is beyond its endurance limits.

Thanks.

F*

Date: Mon Aug 03 1998 14:12
TYoung (F*...somethings up with gold. No terrible news or CB announcements yet...BUT) ID#317193:
Something is UP. Perhaps more correctly...DOWN. Very interesting.

RJ...you got any idea?

Tom bbml

Date: Mon Aug 03 1998 13:30
farfel (Just received from a friend (Professor in Linguistics)....) ID#341227:
Copyright © 1998 farfel/Kitco Inc. All rights reserved
It's always interesting to see what high-powered academics find funny.


JENNY JONES: Boy, we have a show for you today! Recently, the
University of Virginia philosopher Richard Rorty made the stunning
declaration that nobody has the foggiest idea what postmodernism
means. It would be nice to get rid of it, he said. It isn't exactly
an idea; it's a word that pretends to stand for an idea. This shocking
admission
that there is no such thing as postmodernism has produced a firestorm
of protest around the country. Thousands of authors, critics and
graduate students who'd considered themselves postmodernists are
outraged at the betrayal. Today we have with us a writer-a recovering
postmodernist-who believes that his literary career and personal life
have been irreparably damaged by the theory, and who feels defrauded
by the academics who promulgated it. He wishes to remain anonymous,
so we'll call him Alex.

JENNY JONES TO ALEX: Alex, as an adolescent, before you began
experimenting with postmodernism, you considered yourself-what?

[Close shot of ALEX. An electronic blob obscures his face. Words
appear at bottom of screen: Says he was traumatized by
postmodernism and blames academics.]

ALEX ( his voice electronically altered ) : A high modernist. Y'know, Pound,
Eliot, Georges Braque, Wallace Stevens, Arnold Schoenberg, Mies van
der Rohe. I had all of Schoenberg's 78's.

JENNY JONES: And then you started reading people like Jean-Francois
Lyotard and Jean Baudrillard-how did that change your feelings about
your modernist heroes?

ALEX: I suddenly felt that they were, like, stifling and canonical.

JENNY JONES: That is so sad, such a waste. How old were you when
you first read Fredric Jameson?

ALEX: Nine, I think. [The AUDIENCE gasps.] JENNY JONES: We have
some pictures of young Alex. ...[We see snapshots of 14-year-old ALEX
reading Gilles Deleuze and Felix Guattari's Anti-Oedipus: Capitalism and
Schizophrenia. The AUDIENCE oohs and ahs.]

ALEX: We used to go to a friend's house after school-y'know, his
parents were never home-and we'd read, like, Paul Virilio and Julia
Kristeva.

JENNY JONES: So you're only 14, and you're already skeptical toward
the grand narratives of modernity, you're questioning any belief system
that claims universality or transcendence. Why?

ALEX: I guess-to be cool. JENNY JONES: So, peer pressure? ALEX: I
guess. JENNY JONES: And do you remember how you felt the very first
time you entertained the notion that you and your universe are
constituted by language-that reality is a cultural construct, a text
whose meaning is determined by infinite associations with other texts?

ALEX: Uh, it felt, like, good. I wanted to do it again.

[The AUDIENCE groans.]

JENNY JONES: You were arrested at about this time? ALEX: For
spray-painting The Hermeneutics of Indeterminacy on an overpass.

JENNY JONES: You're the child of a mixed marriage-right? ALEX: My
father was a de Stijl Wittgensteinian and my mom was a
neo-pre-Raphaelite.

JENNY JONES: Do you think that growing up in a mixed marriage made
you more vulnerable to postmodernism?

ALEX: Absolutely. It's hard when you're a little kid not to be able to just
come right out and say ( sniffles ) , y'know, I'm an Imagist or I'm a
phenomenologist or I'm a post-painterly abstractionist. It's really
hard-especially around the holidays. ( He cries. )

JENNY JONES: I hear you. Was your wife a postmodernist? ALEX:
Yes. She was raised avant-pop, which is a fundamentalist offshoot of
postmodernism.

JENNY JONES: How did she react to Rorty's admission that
postmodernism was essentially a hoax?

ALEX: She was devastated. I mean, she's got all the John Zorn albums
and the entire Semiotext ( e ) series. She was crushed.

[We see ALEX'S WIFE in the audience, weeping softly, her hands
covering her face.] JENNY JONES: And you were raising your daughter
as a postmodernist? ALEX: Of course. That's what makes this
particularly tragic. I mean, how do you explain to a 5-year-old that
self-consciously recycling cultural detritus is suddenly no longer a
valid art form?

JENNY JONES: Tell us how you think postmodernism affected your career as a
novelist.

ALEX: I disavowed writing that contained real ideas or any real passion.
My work became disjunctive, facetious and nihilistic. It was all metastatic
irony, a pernicious banality palimpsest of media pastiche. I found
myself indiscriminately incorporating any and all kinds of pop kitsch and
shlock. ( He begins to weep again. )

JENNY JONES: And this spilled over into your personal life? ALEX: It
was impossible for me to experience life with any emotional intensity. I
couldn't control the irony anymore. I perceived my own feelings as if they
were in quotes. I italicized everything and everyone. It became
impossible for me to appraise the quality of anything. To me everything
was equivalent-the Brandenburg Concertos and the Lysol jingle had the
same value.... ( He breaks down, sobbing. )

JENNY JONES: Now, you're involved in a lawsuit, aren't you?

ALEX: Yes. I'm suing the Modern Language Association.

JENNY JONES: How confident are you about winning?

ALEX: We need to prove that, while they were actively propounding it,
academics knew all along that postmodernism was a specious theory. If
we can unearth some intradepartmental memos-y'know, a paper trail-any
corroboration that they knew postmodernism was worthless cant at
the same time they were teaching it, then I think we have an excellent
shot.

JENNY JONES wades into audience and proffers microphone to a woman.

WOMAN ( with lateral head-bobbing ) : It's ironic that Barry Scheck is
representing the M.L.A. in this litigation because Scheck is the
postmodern attorney par excellence. This is the guy who's made a
career of volatilizing truth in the simulacrum of exculpation!

VOICE FROM AUDIENCE: You go, girl! WOMAN: Scheck is the guy who
came up with the quintessentially postmodern re-bleed defense for O.J.,
which claims that O.J. merely vigorously shook Ron and Nicole, thereby
re-aggravating pre-existing knife wounds. I'd just like to say to any
client of Barry-lose that zero and get a hero!

The AUDIENCE cheers wildly. [Dissolve to message on screen: If you
believe that mathematician Andrew Wiles's proof of Fermat's last
theorem has caused you or a member of your family to dress too
provocatively, call ( 800 ) 555-8888.]

Date: Mon Aug 03 1998 13:12
farfel (TOLERANT1...in defence of Clinton.... ) ID#341227:
Copyright © 1998 farfel/Kitco Inc. All rights reserved
Date: Mon Aug 03 1998 13:07
tolerant1 ( Clintler stood infront of the world and God and SWORE up and down I DID NOT ) ID#373284:
HAVE SEX WITH THAT WOMAN with a stern look...now everyone wants to let him off the hook if he tells the truth because he can no longer lie. What a crock...

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

The truth is that, judging by the stains on old Lewinsky's dress, the Prez may NOT have had sex with her.

It's pretty sad but it looks as though Clinton is a preemie. He must have been spurting all over the place before she even dropped her dress.

Must be those purty juicy gums of hers that got him so excited.

Thanks.

F*

Date: Mon Aug 03 1998 13:02
farfel (@TYOUNG...by the way, Tom....) ID#341227:
...don't forget to tell K-1 how much fun they can have here on K-2.

Thanks.

F*

Date: Mon Aug 03 1998 12:59
farfel (@TYOUNG...GOLD...it goes up, it goes down...) ID#341227:
Copyright © 1998 farfel/Kitco Inc. All rights reserved
...it goes around and round and round.

Ho, hum.

BUT, the gold carry trade is at the end of its rope, I think.

Incidentally, have you ever wondered which gold bullion house ( aka gold shorter ) came up with the idea of linking the value of gold to the strength of the Yen?

Of all economic indicators, why that particular indicator?

Why not link the value of gold to the nearly 100% increase in gold retail sales in the U.S.A this past year?

Well, of course, that's a stupid question.

If gold were linked to such an indicator, then it would trade at $600 an ounce today. Not too good for the gold shorts, right?

Gold will likely soar when the public loses faith in the economic powerhouses and Wall Street analysts who have proven to be so correct over the past decade. The public will run to investments that were once denigrated by their financial idols and demi-gods.

Just have to wait a little longer.

Thanks.

F*

Date: Mon Aug 03 1998 12:51
farfel (The GOLD Fork.....The best is yet to come! ) ID#341227:
Copyright © 1998 farfel/Kitco Inc. All rights reserved

Keep Your Fork

The sound of Martha's voice on the other end of the telephone always
brought a smile to Brother Jim's face. She was not only one of the oldest members of the congregation, but one of the most faithful. Aunt Martie, as all of the children called her, just seemed to ooze faith, hope, and love wherever she went. This time, however, there seemed to be an unusual tone to her words.

Pastor, could you stop by this afternoon? I need to talk with you.

Of course, I'll be there around three. Is that ok?

It didn't take long for Jim to discover the reason for what he had only
sensed in her voice before. As they sat facing each other in the quiet of her small living room. Martha shared the news that her doctor had just discovered a previously undetected tumor. He says I probably have six months to live.

Martha's words were naturally serious, yet there was a definite calm about her.

I'm so sorry to ... but before Jim could finish, Martha interrupted
Don't be. The Lord has been good. I have lived a long life. I'm ready
to go. You know that. I know, Jim whispered with a reassuring nod.

But I do want to talk with you about my funeral. I have been thinking
about it, and there are things that I know I want. The two talked quietly for a long time. They talked about Martha's favorite hymns, the passages of Scripture that had meant so much to her through the years, and the many memories they shared from the five years Jim had been with Central Church.

When it seemed that they had covered just about everything, Aunt Martie
paused, looked up at Jim with a twinkle in her eye, and then added, One
more thing, Pastor. When they bury me, I want my old Bible in one hand and a fork in the other.

A fork? Jim was sure he had heard everything, but this caught him by
surprise. Why do you want to be buried with a fork?

I have been thinking about all of the church dinners and banquets that I
attended through the years, she explained, I couldn't begin to count them all. But one thing sticks in my mind. At those really nice
get-togethers, when the meal was almost finished, a server or maybe the
hostess would come by to collect the dirty dishes. I can hear the words
now. Sometimes, at the best ones, somebody would lean over my shoulder and whisper, 'You can keep your fork.' And do you know what that meant?
Dessert was coming! It didn't mean a cup of Jell-O or pudding or even a
dish of ice cream. You don't need a fork for that. It meant the good
stuff, like chocolate cake or cherry pie! When they told me I could keep my fork, I knew the best was yet to come! That's exactly what I want people to talk about at my funeral. Oh, they can talk about all the good times we had together. That would be nice. But when they walk by my casket and look at my pretty blue dress, I want them to turn to one another and say, 'Why the fork'?

That's when I want you to tell them that I kept my fork because the best is yet to come!


Date: Mon Aug 03 1998 12:50
TYoung (Good morning RJ & F*) ID#317193:
Can't stay but thought I would say hello to you both. Gold taking another little hit today. We watch this...nevermind. ASB

Take care...both of you.

Tom

Date: Mon Aug 03 1998 11:47
farfel (Watch the Billionaires....CORRECTION from previous post....) ID#341227:
According to CNBC, Berkshire Hathaway ( aka Warren Buffett ) eliminated its ENTIRE long term treasury holdings.

WOW!!!

One billionaire no longer thinks bonds are THE flight to safety.

OK.

Thanks.

F*

Date: Mon Aug 03 1998 11:24
farfel (Watch the Billionaires....) ID#341227:
Copyright © 1998 farfel/Kitco Inc. All rights reserved
News just out from CNBC that Berkshire Hathaway ( aka Warren Buffett ) liquidated the majority of his long-term bond position for an extraordinary gain.

All these mutual fund holders loading up on bonds ( bought from Buffett ) at the advice of their brokerages? Ooops!

Hmmmm? I guess there is at least one billionaire who is putting more faith in silver than in bonds right now.

I guess there is at least one billionaire who must believe we are NOT entering a deflationary spiral.

Remember...watch the billionaires. Watch where their money is flowing.

Stagflation....coming to visit America soon.

Gold and silver will soar.

Thanks.

F*


Date: Mon Aug 03 1998 10:22
Jujube__A (farfel the comedian) ID#252286:

Kneeslappers farfel. Are you going to put out a book?


Date: Mon Aug 03 1998 10:19
Jujube__A (From a changed man) ID#252286:
Copyright © 1998 Jujube__A/Kitco Inc. All rights reserved

Farfel wrote:

Look over all my posts on K-2 from the beginning. You will see that I avoided ad hominem comments about this irritant until he ventured onto this forum and slung mud in my face.

Sensitive thoughts and copying poetry will not erase your stain. Telling old jokes will not do it either. You just claimed to Bart that you tried. Letís look at how you tried. This is from just yesterday before I, or RJ ever posted anything to you. This is your idea of an olive branch, of a new start. You smell like the same rotting racist fish you always were

When any self-anointed Trust Me gold expert explains that European gold sales will continue until 1999, then you must say, Yowsah, Massa, whatever you say, suh. Now I guess I be goin to sells all my gold now, Massa, thas wha i be doin, OK? Again, you must never question where those gold sales ( if they truly exist ) are directed and must NEVER suppose that the odds favor they are intra-bank sales.

Now that does sound very racist, doesnít it? You wrote that didnít you?

Also you wrote

Yet, K-2 remains a graveyard...that's because K-1 has evolved into some exclusive, hallowed club sanctioned and blessed by the gold shorts who fashion the goldbug view on the way things really work in the metals markets

Because the various self-appointed sheriffs on K-1 get really pissed off by the info posted on those two great sites.

As it turns out, I had a very busy July so my excommunication from K-1 was quite beneficial.

( So this is how bad you feel about how you acted, quite beneficial? )

...my contrived rant was over the top. I simply got tired of being an incessant target of abuse and felt my little impression of RJ going berserk would resonate with K-1. For those who doubt the rant was contrived, then rest assured I do not offer Thank You's at the end of genuine explosions of anger.

Actually farfel, you ALWAYS says Thank You when you are angry. Havenít you noticed?

You donít get it, do you? Nobody likes you. Because of how you act, and what you say.


Date: Mon Aug 03 1998 02:42
farfel (Hollywood Moves to Canada Or Why the US Buck Must Weaken.) ID#341227:
Copyright © 1998 farfel/Kitco Inc. All rights reserved
Speaking with a buddy who is finishing a feature film in Montreal, Canada, he informs me that, with a .66 cent dollar, Americans are flooding into Canada to shoot their movies. I checked over the VARIETY movie schedule and, in fact, it is absolutely amazing how many Hollywood studios are shooting films in Canada.

It makes sense...shoot your $50 million ( CAN. ) production in Canada, utilize Canadian sound stages, post produce the film in Canadian facilities, then sell it to a large US distributor for expensive US DOLLARS.

If this trend continues ( US BUCK strengthening while CDN. dollar tumbles ) , then pretty soon there will be absolutely little if any film shooting taking place in America.

This portends very badly for Los Angeles since most American feature films to date have been shot right here. Those films utilize soundstages, post production facilities, local talent, etc. so their departure from L.A. would have contagious negative effects.

A severe downturn in L.A. location shooting could augur a downturn in the entire L.A. economy. Then, what happens to the value of all this pricey L.A. real estate? Ooops.

Essentially, the thrust of this article is this: those US dollar bulls who speak of a US dollar moving to 200 yen or better ( or Canadian .50 cents ) are sheer lunatics. If they believe that the American economy can sustain its positive momentum with such a ridiculously strong US dollar, then they are truly dreaming.

There are many American industries that would shut down effectively at a 200 yen ( CDN. 50 ) dollar...unless protectionist measures are enforced.

In conclusion, the only manner in which I believe America can sustain such a strong dollar in the international economy is to evolve into an ultra-fascist state. The government would be required to intervene forcefully in the economy and restrict industrial investment capital from pouring into cheap currency countries with all its deflationary effects.

Moreover, the American government would have to impose financial investment inflow controls to preclude foreign capital from pouring into American investment vehicles and triggering inflationary conditions.

Without all these investment controls, then America would explode into a severe stagflation.

Thanks.

F*






Date: Mon Aug 03 1998 02:05
farfel (My Favorite Gold/Silver Websites....) ID#341227:
1 ) golden eagle ( featuring the great Vronsky )
2 ) USA GOLD ( Kosares, Veneroso, and ANOTHER )
3 ) STEVE KAPLAN sings about PM's ( available on CD )
4 ) KITCO ( especially K-2 )

Date: Mon Aug 03 1998 02:01
farfel (My 15 Favorite Intellectuals on K-1....) ID#341227:
1 ) Sam__A
2 ) Rhody
3 ) Gollum
4 ) Bill Buckler
5 ) Tyoung
6 ) Jonesy
7 ) Gogold
8 ) A.Goose
9 ) Voyeur Professor
10 ) Mozel
11 ) Blooper
12 ) Silverbaron
13 ) Donald
14 ) Leland
15 ) Cheesehead ( ONLY when capitalizing )

All are MUST reads.

Thanks.

F*

Date: Mon Aug 03 1998 01:53
farfel (@Bart...K-2 is an amazing site...) ID#341227:
...it has a certain Je ne sais quoi.

I've drawn up a list of five internationals I will contact about posting on this forum.

Thanks.

F*

Date: Mon Aug 03 1998 01:06
Bart Kitner (Kitco) (WHAT'S K2 ALL ABOUT?) ID#261187:
Copyright © 1998 Bart Kitner (Kitco)/Kitco Inc. All rights reserved
Looks like Farfel's prediction that K2 would come back to life was accurate. Now it would be nice to hear when the same might happen to the gold market.

I guess that now might be a good time to clear up any confusion about the difference between K1 & K2. As I've already mentioned, the netiquette rules are strictly enforced on K1. But there will be less of an effort to enforce any of the first four netiquette rules on K2. ( These are the be nice rules. This is still a gold discussion group and everyone is strongly encouraged to use ICQ or go on another site to go off-topic ) Nobody gets 404ed from K2 unless Iím inundated with requests from others to do so. Everybody who has 404 status from K1 can still post on K2.

As far as advertising goes, we need more sponsors for K1 and an active effort will be made to find them. In fact the future of K1 will depend on it. On the other hand I don't expect any advertising revenues to be earned from K2.

Someone was asking about filters to read only posts of specific contributors. Bells & whistles like a search engine, filters, squelch and contributor subscriptions will be added as long as we've got the sponsors, and therefore the financing, to program them. They'll be available on both groups at the same time - if and when.


Date: Mon Aug 03 1998 00:12
farfel (Received the other day from a friend in Toronto.....) ID#341227:
Copyright © 1998 farfel/Kitco Inc. All rights reserved
REAL SIGNS FROM AROUND THE WORLD:


In a Tokyo Hotel:
Is forbidden to steal hotel towels please. If you are not
person to do such a thing is please not to read notis.

In a Bucharest hotel lobby:
The lift is being fixed for the next day. During that time
we regret that you will be unbearable.

In a Leipzig elevator:
Do not enter lift backwards, and only when lit up.

In a Belgrade hotel elevator:
To move the cabin, push button for wishing floor. If the
cabin should enter more persons, each one should press a
number of wishing floor. Driving is then going
alphabetically by national order.

In a Paris hotel elevator:
Please leave your values at the front desk.

In a hotel in Athens:
Visitors are expected to complain at the office between the
hours of 9 and 11 A.M. daily.

In a Yugoslavian hotel:
The flattening of underwear with pleasure is the job of the
chambermaid.

In a Japanese hotel:
You are invited to take advantage of the chambermaid.

In the lobby of a Moscow hotel across from Russian Orthodox
monastery:
You are welcome to visit the cemetary where famous Russian
and Soviet composers, artists, and writers are buried daily
except Thursday.

In an Austrian hotel catering to skiers:
Not to perambulate the corriders during the hours of repose
in the boots of ascension.

On the menu of a Swiss restaurant:
Our wines leave you nothing to hope for.

On the menu of a Polish hotel:
Salad a firm's own make; limpid red beet soup with cheesy
dumplings in the form of a finger; roasted duck let loose;
beef rashers beaten up in the country people's fashion.

Outside a Hong Kong tailer shop:
Ladies may have a fit upstairs.

In a Bangkok dry cleaners:
Drop your trousers here for best results.

Outside a Paris dress shop:
Dresses for street walking.

In a Rhodes tailor shop:
Order your summers suit. Because is big rush we will execute
customers in strict rotation.

From the Soviet Weekly:
There will be a Moscow Exhibition of Arts by 150,000 Soviet
Republic painters and sculptors. These were executed over
the past two years.

A sign posted in Germany's Black Forest:
It is strictly forbidden on our black forest camping site
that people of different sex, for instance, men and women,
live together in one tent unless they are married with each
other for that purpose.

In a Zurich hotel:
Because of the impropriety of entertaining guests of the
opposite sex in the bedroom, it is suggested that the lobby be used for this purpose.

In an advertisement by a Hong Kong dentist:
Teeth extracted by the latest Methodists.

In a Rome laundry:
Ladies, leave your clothes here and spend the afternoon
having a good time.

In a Czechoslovakin tourist agency:
Take one of our horse-driven city tours - we guarantee no
miscarriages.

Advertisement for donkey rides in Thailand:
Would you like to ride on your own ass?

In a Swiss mountain inn:
Special today -- no ice cream.

In a Bangkok temple:
It is forbidden to enter a woman even a foreigner if dressed
as a man.

In a Tokyo bar:
Special cocktails for the ladies with nuts.

In a Copenhagen airline ticket office:
We take your bags and send them in all directions.

On the door of a Moscow hotel room:
If this is your first visit to the USSR, you are welcome to it.

In a Norwegian cocktail lounge:
Ladies are requested not to have children in the bar.

In a Budapest zoo:
Please do not feed the animals. If you have any suitable food,
give it to the guard on duty.

In the office of a Roman doctor:
Specialist in women and other diseases.

In an Acapulco hotel:
The manager has personally passed all the water served here.

In a Tokyo shop:
Our nylons cost more than common, but you'll find they are
best in the long run.

From a Japanese information booklet about using a hotel air conditioner:
Cooles and Heates: If you want just condition of warm in
your room, please control yourself.

From a brochure of a car rental firm in Tokyo:
When passenger of foot heave in sight, tootle the horn.
Trumpet him melodiously at first, but if he still obstacles
your passage then tootle him with vigor.

Two signs from a Mojorcan shop entrance:
-- English well speaking
- Here speeching American.

This appears to be The End.




Date: Mon Aug 03 1998 00:01
farfel (Grandmothers...) ID#341227:
Copyright © 1998 farfel/Kitco Inc. All rights reserved
This poem was sent to my wife last night by one of her best friends. You see, my wife lost her grandmother this year.

I like it.


MY GRANDMOTHER'S MEMORY

the woman by the sea
...by the harbor
ferverntly, she stitches
...fabrics for the wealthy
and anything for me...
I spend the spring of my life
at my grandmother's side
adding youth's color
to her life's autumn
love and fervent work
blend our seasons
and paint our memories
...with song and dance
I preserve them
...like autumn leaves
between the pages of my heart
now coloring the autumn of my life
with an enduring love...
...the love of my grandmother.

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