KITCO GOLD FORUM
1997-1999

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Date: Fri Sep 04 1998 23:48
2BR02B? (rumpled/loon dance) ID#266105:
Copyright © 1998 2BR02B?/Kitco Inc. All rights reserved

Hey, I like a Robert Service.


Fog pressed down I rose alone
Too dark to see then heard the moan
There they were beneath the fog
Just joining out beyond the log.

Loons encircling, crying
Withering wails let flying
Unwordly calls past dying
This they do no lying.

Campmate arises, now its come dawn
The loons a-calling then they were gone.
Were they there? Dancing for me?
Loons cry crazed from fog then flee.

Ol' Joe Bashu said it was luck to've seen
The loon dance of dead when June's all of green.
Said it real plain, strange as Strong Lake
He'd something to give yet nothing to take.

There is no more unearthly song
Than a northwoods tune of winter's long.
Sent me a note a while ago;
Funny thing is he's dead Ol' Joe.

Wish to warn wisely let alone twice true.
He'd seen'm dance that's how I knew.
See, the wind let the loons get poor Joe to agree;
Now a song chases secrets best left to be.

When did I hear, indian know
Loons cry crazed to the Windigo
It whispers-- Come. Burn your feet.
I should've run but kept my seat
Think I'm foolin' well it's true-
I turned and met the Manitou.

As the end of the wind, the silent fear
He howls-- But Once!; yet the howl stays here.
So when loons come calling, let them be
One trebled twice then spoke in three.
Now I just fade away where the echoes flew
Calling Ol' Joe for a dance we do.


Date: Fri Sep 04 1998 23:43
Jujube__A (shhhhhhh don't tell anyone) ID#252286:
F spot it Steve Puetz

Date: Fri Sep 04 1998 23:34
Jujube__A (F son) ID#252286:
You keep up the bad words, we go back to the old days, yes?
You never learn, do you? Welcome my son. Welcome to the machine.
Is alright, I've known were you've been. Time for you to pick up the phone? Limit up, sonny, limit up. Harharharharharhar.

Date: Fri Sep 04 1998 23:14
Jujube__A (Pete) ID#252286:
You don't know what you are talking about. How about some cut and paste?

Date: Fri Sep 04 1998 23:10
Pete (Farfel, wish you the best!) ID#222231:
IMO, Bart let you get trashed too long by the schizo, while at first you replied courteously and he ( they ) ( them ) ( some ) ? flailed at you relentlessly. If I had taken the beating you took I would have probably done worse. The schizo should have been 404'd long before you. Not only did K1 lose you, they lost ANOTHER because of their crassness, and yet Bart allows him ( them ) ( those ) ? sickos to post on K1.

BART, PLEASE RECONSIDER!

GOOD LUCK my friend!



Date: Fri Sep 04 1998 22:42
Rumpled (2BR02B'S Poems are much better than mine.) ID#411233:


Date: Fri Sep 04 1998 22:39
TYoung (F*...so you are now published...) ID#317193:
WOW...hows your head? Take care...we watch is new gold market together. Yes? A sad time for the world. Gold is a currency, not an investment. Times, they are a changen'.

Tom

Date: Fri Sep 04 1998 22:03
2BR02B? () ID#266105:
-

Matter into matters bye its good & gone
maddened into madder spurred moment into dawn
Hi-speed chase down deadend alley/crawling in the bog
Coosbay organ kafkaesque horn casting coasts 'neath the fog.

Don't want much from it no just an easy yawn
Mercy's mirror is missing took where giving has all gone
No sooner once begins ( hey Bartender ) clock spins its broken cog
Coosbay organ, kafkaesque casting coasts beneath the fog.

Echoing stardust twinkly eyes skies deep caverns borne in tides
Diary of songs past sung bobbing on the sea of sighs
Surf crashes onto shores of refuse; here's the abandoned log
Coosbay organ kafkaesque horn casting coasts beneath the fog.


Back to the floors.


Date: Fri Sep 04 1998 21:48
Rumpled (The Northern Lights have seen queer sights!) ID#411233:
Well the liquor was spilled on the bar room floor,
And the bar was closed for the night.
A little brown mouse came out of his hole,
and danced in the pale moonlight.
Well he licked up the liquor on the bar room floor,
and back on his haunches he sat.
And all night long he was singing a song,
bring on the GD cat.

HAPPY GOLDEN

Date: Fri Sep 04 1998 21:31
2BR02B? () ID#266105:

Thoughta goin fishin' down dogwood slough
dadgum dogcome jes'us two
threw a worm onna hook at a crook inna brook
casting swirls 'fore pine gonna catch me a few.

Thoughta goin huntin back black spruce bog...

Date: Fri Sep 04 1998 20:56
Explorer (testing) ID#213219:


Date: Fri Sep 04 1998 20:37
TYoung (F*...thanks...I need to not let such person(s) bother me. Yes?) ID#317193:
Tom...

PS...he knows my name too!

Date: Fri Sep 04 1998 19:20
Rumpled (@Farfel--hmmmmm--Good Point) ID#411233:
What are your feelings on the market, and gold for next week?
Thinking about buying some SSRIF, looks like its starting to move. Know
anything about this co?

Away from the PM'S, made a killing this week on Noranda, a base metal
co.
HAPPY GOLDEN AND SILVERS!

Date: Fri Sep 04 1998 18:40
CoolJing (farfel) ID#343171:
I printed your 'new paradigm' off golden-eagle today, will read this evening, I always liked reading your posts on k1, would like to see you back, you, Bart and God willing!!
adios

Date: Fri Sep 04 1998 18:36
farfel (@RUMPLED....?) ID#17077:
watching your half-naked female friends prancing about

Why only HALF-naked?

Better find yourself less prudish girlfriends.

Thanks.

F*

Date: Fri Sep 04 1998 18:33
farfel (@COOLJING...contrary to the usual slanders of certain posters...) ID#17077:
Copyright © 1998 farfel/Kitco Inc. All rights reserved
...Bart is NOT allowing me to post on K-1. Period. He 404'd me for proper cause as I knowingly and purposely violated every conceivable KITCO netiquette restriction. When I spoke to him by phone, we had a pleasant chat. He is a nice, well-spoken fellow. I apologized for upsetting the decorum of his forum...he underscored that, on that basis, I would be restricted to K-2 ad infinitum. Since I am a grown-up boy, I accepted the penalty with no complaint. I admire what Bart has done with his website and take my hat off to him. Most notably, it is HIS website and he can impose whatever restrictions he chooses. I would do the same.

Now, I suppose I could change my handle and pretend to be someone else. But I appeared on this forum as FARFEL and I will leave as FARFEL. Although I have assumed different personalities over the past year for the purpose of spicing up my various posts, I did so for metaphorical effect...not because am a multiple schizoid!

I leave the schizoid dysfunction to those precious posters who truly suffer the affliction.

Thanks.

F*


Date: Fri Sep 04 1998 17:54
CoolJing (farfel) ID#343171:
why not post on the main thread, is this pergatory or probation?

Date: Fri Sep 04 1998 17:25
Rumpled (THE GOLDEN TICKET!!) ID#411233:
TVX going up like a greased rocket! Won't be long now before I'm relaxing on my yacht, smoking Cuban cigars, and watching my half naked
female friends prancing about.

AAAHHHH LIFE IS GOOD. YES.

Date: Fri Sep 04 1998 17:07
farfel (Sorry, ERROR in previous post...) ID#17077:
Copyright © 1998 farfel/Kitco Inc. All rights reserved
My computer's paste function went crazy again. SHOULD READ AS FOLLOWS:
------------------------------------------------------------------------

Once again, it is time for a little exercise in logic....

THE ECONOMIC STATE OF THE WORLD

Japan...economy collapsing.
S.E. Asia...economy collapsing.
Russia...economy collapsing.
Germany...economy hurting ( from disastrous Russian bank loans )
Central & South America...economies collapsing.
Canada....economy hurting ( from deteriorating currency ) .
Australia...economy hurting ( from deteriorating currency ) .

Yes, it is true...there has been flight capital into the USA. However, America's economy is entirely multi-national and integrated into the global economic system.

It is IMPOSSIBLE -- logically IMPOSSIBLE -- for America to be impervious to the pandemic currency crises and stock market debacles rolling swiftly around the world.

Americans can live in the realm of denial...they can espouse the power of national positive thinking over and over again...

...But the exports are disappearing, no matter how much sunny optimism is whipped up.
...the tourists are disappearing, no matter how much sunny optimism is whipped up.
....for every dollar of capital flight into America, there is probably equivalent or greater capital repatriation to shore up the deteriorating home conditions, no matter how much sunny optimism is whipped up.
....etc. etc.

Foreigners are losing their shirts via currency devaluations and foreign stock market debacles...ergo, for every foreign capital flight dollar to America, there is bound to be an equivalent or greater drop in foreign consumption, expenditures, and investment ( either directly or indirectly through the Multiplier Effect ) Finally, there is evidence of accelerating capital repatriation as treasury bond prices seem to be falling.

Let's examine this example: the Japanese fellow who normally visits Hawaii or California at least two times a year. Having had his financial butt kicked, then he will probably cut out his American tourism along with all his usual tourist expenditures. Yes, maybe nervousness might compel him to send some money into American markets...but will his capital outflows to America outweigh the drop in his consumption of American goods and services? Or equal or exceed his nervous neighbor's capital repatriation?

Simple logic leads to only one conclusion: with their wealth rapidly declining, foreigners cannot send as much capital to America as they must repatriate...they cannot consume as much in the way of American goods and services as in the past.
Bottom line...Americans are living in the land of denial, thanks primarily to the manipulations and conspiracy of Wall Street, Big Media, and government players.

The Arrival of Reality can be delayed...and so far, the Americans have put off the reality of extremely global negavtive economic contagion for almost a year. America's stock markets soared, its Dollar raced upward.

At this point in time, with global crises accelerating on almost a daily basis, I think the delay can last no longer than mere days...at most a few weeks. Whether or not there is a Plunge Protection Team, the market is simply too large to control forever.

Certain posters on K-1 would suggest I am anti-American in suggesting that world economic crises must show up here. Actually, I would assure them I am extremely pro-American...rather, it is these same K-1 posters who strike me as selfish and anti-American for, on the one hand, taking various precautions to weather a financial debacle, yet on the other hand, eagerly bamboozling those concerning economic reality as it is truly unfolding.

I am pro-American in urging the average citizen to take the necessary precautions against the global economic earthquake we are experiencing instead of merely nodding obsequiously as goverment, media, and Wall Street assure them that all is well. Otherwise, one day, the average American will wake up to the news of the Great Crash without having taken any precautions to weather the unpleasant interstitial period of economic reorganization that must precede a new, properly functional global economy.

Essentially, one does not cure a broken foot by pretending it does not exist. Eventually, one must deal with it, put on the cast, and limp around for some time.

However, eventually, a healing process arrives and over time, one is able to kick a football again.

I believe that Gold is the cast that will serve to heal the injury.

Thanks.

F*

Date: Fri Sep 04 1998 16:58
farfel (And once again, it is time for a little exercise in logic....) ID#17077:
Copyright © 1998 farfel/Kitco Inc. All rights reserved

THE ECONOMIC STATE OF THE WORLD

Japan...economy collapsing.
S.E. Asia...economy collapsing.
Russia...economy collapsing.
Germany...economy hurting ( from disastrous Russian bank loans ) .
Russia....economy collapsing.
Germany...economy wounded ( huge German bank losses via Russian Defaults )
Canada....economy hurting ( from deteriorating currency ) .
Australia...economy hurting ( from deteriorating currency ) .

Yes, it is true...there has been flight capital into the USA. However, America's economy is entirely multi-national and integrated into the global economic system.

It is IMPOSSIBLE -- logically IMPOSSIBLE -- for America to be impervious to the pandemic currency crises and stock market debacles rolling swiftly around the world.

Americans can live in the realm of denial...they can espouse the power of national positive thinking over and over again...

...But the exports are disappearing, no matter how much sunny optimism is whipped up.
...the tourists are disappearing, no matter how much sunny optimism is whipped up.
....for every dollar of capital flight into America, there is probably equivalent or greater capital repatriation to shore up the deteriorating home conditions, no matter how much sunny optimism is whipped up.
....etc. etc.

Foreigners are losing their shirts via currency devaluations and foreign stock market debacles...ergo, for every foreign capital flight dollar to America, there is bound to be an equivalent or greater drop in foreign consumption, expenditures, and investment ( either directly or indirectly through the Multiplier Effect ) Finally, there is evidence of accelerating capital repatriation as treasury bond prices seem to be falling.

Let's examine this example: the Japanese fellow who normally visits Hawaii or California at least two times a year. Having had his financial butt kicked, then he will probably cut out his American tourism along with all his usual tourist expenditures. Yes, maybe nervousness might compel him to send some money into American markets...but will his capital outflows to America outweigh the drop in his consumption of American goods and services? Or equal or exceed his nervous neighbor's capital repatriation?

Simple logic leads to only one conclusion: with their wealth rapidly declining, foreigners cannot send as much capital to America as they must repatriate...they cannot consume as much in the way of American goods and services as in the past.

Bottom line...Americans are living in the land of denial, thanks primarily to the manipulations and conspiracy of Wall Street, Big Media, and government players.

The Arrival of Reality can be delayed...and so far, the Americans have put off the reality of extremely global negavtive economic contagion for almost a year. America's stock markets soared, its Dollar raced upward.

At this point in time, with global crises accelerating on almost a daily basis, I think the delay can last no longer than mere days...at most a few weeks. Whether or not there is a Plunge Protection Team, the market is simply too large to control forever.

Certain posters on K-1 would suggest I am anti-American in suggesting that world economic crises must show up here. Actually, I would assure them I am extremely pro-American...rather, it is these same K-1 posters who strike me as selfish and anti-American for, on the one hand, taking various precautions to weather a financial debacle, yet on the other hand, eagerly bamboozling those concerning economic reality as it is truly unfolding.

I am pro-American in urging the average citizen to take the necessary precautions against the global economic earthquake we are experiencing instead of merely nodding obsequiously as goverment, media, and Wall Street assure them that all is well. Otherwise, one day, the average American will wake up to the news of the Great Crash without having taken any precautions to weather the unpleasant interstitial period of economic reorganization that must precede a new, properly functional global economy.

Essentially, one does not cure a broken foot by pretending it does not exist. Eventually, one must deal with it, put on the cast, and limp around for some time.

However, eventually, a healing process arrives and over time, one is able to kick a football again.

I beleive that Gold is the cast that will serve to heal the injury.

Thanks.

F*



Date: Fri Sep 04 1998 16:34
Bernie (flag) ID#263100:
Noticed the increased volume of flag and glb, does anyone have a reason?

Bernie

Date: Fri Sep 04 1998 14:20
farfel (@BILL2j...I think you have obtained maximum clarity....) ID#17077:
Copyright © 1998 farfel/Kitco Inc. All rights reserved
....in your evaluation of the equities and gold markets. Your analysis is great.

More specifically, gold ( that had been predicting deflation in the past ) is now predicting pandemic global currency turmoil which will include the US dollar.

When the general equities markets take the Big Hit, do NOT be surprised if gold stocks are all over the map that day, with slingshot moves in every direction. There will be gold stock investors selling as they dump their stocks to meet margin calls or save their butts in other investments. At the same time, there should be equivalent or better numbers of investors rushing into gold stocks, believing that there is no difference between investing in gold stock versus physical gold ( keep in mind that ONLY goldbugs are keenly aware of the notable difference between gold paper and physical gold. If you doubt this fact, then simply take a poll amongst non-goldbugs to see if they comprehend the distinction. I guarantee you that most non-goldbugs have no clue ) . Gold itself may be all over the map that particular day as investors rush in and out of the metal, with certain hedge funds and CB's attempting to hold it down. HOWEVER, eventually, one should expect gold to rocket as both renegade CB's and populist buying pressure completely outweigh the efforts to control the POG.

When the rocket occurs, then finally a consensus will develop amongst gold stock investors and the stocks themselves should move in a unilateral upward direction.

Basically, be prepared to witness notable gold stock weakness at certain points of the Crash day....your heart will be racing as you will feel impelled to dump them at certain points in time. But be assured that gold stocks' survivability will outweigh that of many other general equities, notably internet stocks that are valued with no basis of reality. Gold companies' costs are at their lowest point ever and once the metal itself flies past the 400 level, it should become clear to all that these companies will not merely survive the crash...they will prosper thereafter. In the ensuing chaos, it will be necessary to reinvent the global currency system, tying all currencies to a real standard rather than a relativistic standard...and re-designing the global currency system toward creating greater regional egalitarianism.
Again, the best analogy I can draw is of a micro nature. After the L.A. riots that threw the city into chaos, civic leaders were forced to sit down and come up with compromises that would enable the minority communities to enhance their share of the community pie. The dominant Westside white elite ( = AMERICA & ITS FIRST WORLD ALLIES ) recognized the imperative of this wealth redistribution measure for to ignore it would guarantee repeated outbursts of minority community chaos ( = THE SECOND & THIRD WORLD NATIONS ) .

Final Note on stocks: just as the short-term potential values of gold companies are ingnored by the market today, analogously, on the bull side of the coin, remember that there are a number of stocks trading at lofty valuations that are completely removed from their natural, much lower equilibrium points solely on the basis of recent, urgent broker recommendations, designed to sustain their lofty levels in order to allow the Great Insiders' Exodus. Moreover, some of these companies, as bellwethers of various key market indices, are targeted for funds inflows in order to preclude the entire index from breaking down. I mentioned INTEL yesterday, the bellwether of the SOX index, yet I can name a litany of other similar companies. When these particular bull supports do break down, however, they should fall much harder than any other company within its respective index.

Thanks.

F*

Date: Fri Sep 04 1998 06:58
Bill2j (@Farfel,et al) ID#259400:
Copyright © 1998 Bill2j/Kitco Inc. All rights reserved
Magnificent post of yours was run on K2 yesterday. We need more of that type of thing. Just wanted to let you know I miss your postings on K2. Well, perhaps not all of them, but I'm sure you understand what I mean. Let me give you my take on the market. I think we have one or two days left of this counter trend rally before the stock market makes another hard leg down I would not be surprised to see another 100 points lopped off the S&P 500 and 800 to 1000 lopped off the Dow. That would get us down to about 875 on the S&P and 64-6600 on the Dow. Gold, on the other hand, I now believe is sending a new signal. All along I said gold was predicting deflation. With the recent spike up in gold I now say gold is predicting DEPRESSION. As long as gold was predicting the rate, or lack of, inflation it was trending down. Now it is predicting collapse, turmoil, flight to safety, etc. I now feel gold is predicting the collapse of a bunch of hedge funds and derivatives. This will lead to a monster bunch of short covering as the hedge funds try to raise cash to cover their losses. This could get interesting. Every 10 points down in the stock market means someone has to cover something. It all backs up to gold which is the beginning of everything. Just one mans opinion.

Date: Fri Sep 04 1998 04:09
farfel (@PH in LA...thanks for keeping K-1 apprised...) ID#17077:
...of some of my musings on this fairly quiet forum.

Glad to see you found them interesting.

Thanks.

F*

Date: Fri Sep 04 1998 03:48
farfel (@QUION and CRAZYTIMES....) ID#17077:
...thanks for your posts.

Keep up your fine writing.

Thanks.

F*

Date: Fri Sep 04 1998 03:47
farfel (@TYOUNG....where you get exasperated...) ID#17077:
Copyright © 1998 farfel/Kitco Inc. All rights reserved
...is in confronting individuals who consistently speak in oxymorons. Specifically, people who are split, in conflict with themselves.

There are people who claim they adore gold because if more people buy it, it will make them rich.

Simultaneously, they post article after article denigrating the logic of buying the metal. Ad nauseum, they speak about the impossibility of making any real wealth gains in gold or gold mining shares. Buy Microsoft and live happily ever after, should be their operative credo.

So, you never know what personality they are assuming from one day to the next. Goldbug today...anti-gold tomorrow.

In love with intellect but never in love...determined to diminish anybody who disagrees with them.

Tom, they are a waste of your time and mine.

Onwards and upwards.


Thanks.

F*

Date: Fri Sep 04 1998 01:42
crazytimes (Farfel....) ID#342376:
You're New Paradigm post is one of the scrolling articles on golden eagle.

Date: Fri Sep 04 1998 00:10
TYoung (F*) ID#317193:
I need a reality check...you around?

Tom

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