In the modern system, gold is of far less usefulness to a currency's esssential value than the political, legal, and military currency of its issuer.

One wishes the EMU well, but until continental socialism is repudiated, the EMU is a DODO. IMHO.

The key to all the leasing deals is the security question. Can and will the gold be returned at conclusion of

the lease or on earlier call? The early deals were tightly controlled at eeryt level: the CB, dealer, and,

especially, the lessee level. If one wants to concretize it, one could say these were the deals which Barrick

did with JP Morgan as middleman and SNB as lessor.

At the FT Annual gold meeting in Venice two years ago, all the brokers' agents from Azusa Savings &

Loan Gold to Zarzuela Gold Guys were swarming the sessions and enticing all the second and third tier

CB's to get onto the jelly roll of leasing. These are the bagholders. If you read FIASCO or know the

derivatives marketing game you will have vivid images at this point.

Frankly I do not know why the SNB is talking gold down, and the possiblity of stripping is a logical if not

plausible candidate. Another logical,

One reason,touched on by others, is that despite constant pressure by the federalists to be as assinine as are their foreign counterparts, Switzerland remains decentralized with great power in the hands of the electorate. So far.

Thus unloading the gold would be the equivalent of a coup d'etat by an elitist band of nincompoops who would be strung from the trees of Zurich, Basel, and Geneva. Could happen, but even idiots in Switzerland know their local history.

Second, and perhaps more important, is the fact that the early leasing deals were very tightly structured. The key to all the leasing deals is the security question. Can and will the gold be returned at conclusion of the lease or on earlier call? The early deals were tightly controlled at

Strategic Investment April 22, 1998

Tax Free in 1999!

Go GOLD!

If you had invested $2000.00 ( 1140.00 U.S. ) in the initial public offering of FRANCO NEVADA TSE FN 15 years ago, you'd be a millionaire and more today.Each $1000.00 investments is now worth $526.000- and that doesn't include what you'd get from sister company EURO-NEVADA which was spun off to Franco-Nevada shareholders as a dividend 10 years ago.

Euro TSE EN.

INTERESTING STATEMENT in same paper frpm Donald Coxe. Chairman of Harris Investment Management INc. of Chicago.Apart from the continuing crises for banks in Asia, most of the big japanese banks are getting government bailout as is the biggest state-owned bank in France. When the next recession hits, it will have deflationary power not seen for tahan 60 years, and will hammer global bank loan ortfolios with hurricane force. Gold will look very lustrous when so much else is tarnished.

aurator, All: The A. Sutton in Pheonix Arizona never called back, so I am currently at a dead end -- any other ideas regarding how to reach him?

http://www.newsday.com/ap/rnmpin0u.htm

From a wave perspective, the debate is whether the market is now into wave 3 of 3 ( from January ) or whether this latest spurt is 5 of 1 of 3.

( If you are not an Elliottist, please tune to C-Span or other non-educational TV. ) The larger debate is whether the whole module from January is merely a pause in the on-going Prechterian doomsday scenario.

( Naturally I could not present that viewpoint on this podium. )

Based upon recent years, gold has become rather overbought, which is NOT a term of disparagement ( pace LA anti-goldshort posse ) .

Given that it is late in the game for equities, bonds, and dollar, it is certainly worth a shot with a modest portion of net worth ( larger if subject to religious conviction ) on the gold line.

intense mathematical modeling has the goal been reached. So it should come as no surprise that the moon's electric

tides have not been computed - until now.

After many years of effort, I have learned to compute the moon tides that effect the S&P 500. This is a very difficult

task, and one I am proud to have accomplished.

Unlike the ocean tides, there are TWO moon tides, a positive one and a negative one. They are caused by the

counter-rotating waves set up in the earth's electric field. So one never has a perfect picture of which way prices will

go, just when they will turn.

This is what leads to chaos is markets. The two forces work against each other, as the buyers and the sellers

compete. When these forces balance, prices congest. When one force wins a temporary advantage, prices move

rapidly - we call that chaos. The S&P 500 is famous for it's streaks. It's bu

hours.

The moon is a major contributor to these tides in the earth's electric field. At new moon, the moon is between the

earth and the sun. It traps charges, lowering the voltage on the ionosphere, and on us. We feel down and sad. At full

moon, the moon reflects charges that have passed the earth back into the ionosphere, raising the voltage. We feel

giddy and happy. We trade according to how we feel.

As the earth rotates, it moves the stock and commodity exchanges past the moon every day. It moves them under the

moon, away from the moon, and to moonrise and moonset positions. These four positions can be found in the

intraday price actions of stocks and commodities.

Each stock or commodity has a different sensitivity to these electric tides. Just as the shape of a bay determines the

response of the bay to the average tides, the nature of the market determines the response of the market to the moon

tides in the earth's electric field.

Lear

effect. But what is it that is being tugged by the moon? What links the moon to the intraday price swings?

The link is through the earth's electric field. As the solar wind carries ionized particles from the sun, they form a

charged layer around the earth, called the ionosphere. That layer charges up to about +300,000 volts. The earth's

surface, upon which we stand, is the zero volt end of that battery. You, me, all of us, stand in that electric field. It

places a voltage of about 250 volts on our heads. It causes a current of 250,000 nanoamperes to flow though us. Our

brains work on currents near one nanoampere. So these external currents are much, much larger than our

bio-currents. When these currents surge, we feel them as emotions. And when we feel emotional, we trade

emotionally! So prices move up and down with tides in these currents. These tides can change 20 percen

There is absolutely no doubt that the moon has a major influence on the S&P 500, especially during the trading day. This influence comes from a real, physical cause and effect relationship.

Everyone knows that the moon has a strong effect on the oceans. It pulls the ocean waters into massive tides. On the average the moon raises the entire ocean surface about six feet as the earth rotates. In a particular bay, the rise and fall may be far larger, due to the shape of the bay. In the Bay of Fundy, tides can rise 50 feet. So in ocean

tides, there is an average level, and a personalized level for each bay.

The same thing applies to the effect of the moon on markets. There is an average effect, and a personalized effect. But what is it that is being tugged by the moon? What links the moon to the intraday price swin

http://www.randomhouse.com/jesse/display.cgi?960703.html

The etymology of 'fin' is here:

http://www.randomhouse.com/jesse/display.cgi?970425.html

Other word etymologies:

http://www.randomhouse.com/jesse/archive.cgi

aurophile ( tolerant-one ) ID#256326:

Indeed. Reticular and testicular always matter! That is the point.