I have a question for you -- we are talking about the launching of hundreds of low orbit satellites to circle the globe. What is the chance that one of these satellites could crash relatively intact into China, for example, leading to their access to software and hardware encryptation secrets? A computer chip could easily survive a very high g-force landing. Then -- a little reverse engineering could reveal some secrets. Thanks for the info!

I get a kick out of Silverbaron's or SDRer's posts about Malaysia moving to a real gold coin -- think I got that right. Whatever the details, that is bullish for gold -- long term.

I think it is too early for the Clinton Chinagate stuff to affect the markets, but I could be wrong. Personally I don't think the US markets will crash outright for months or more. But I know better than make a claim -- could be there is more room for a US 'flight to safety', and we reach Dow 10,000. Either way -- bull or bear -- short term bullish for gold, as long as another devaluation crisis does not surface.

The Russian crisis should be bullish for gold, but a Mexian/Brazil/Venezuela crisis might not be bullish. There is no rest for the Gold bug Tsunami Surfer.

I'm impressed! He knows about Judah Folkmann and the exciting major anti-cancer advances. At least there are some Americans we can be proud of. He sounds very well read, and a welcome journalist to have on the side of truth and honesty.

http://www.drudgereport.com/snow.htm

This is what our president BC fears the most -- not the wrath of our defense experts -- not the wrath of congress -- but the wrath of the people. He will do anything in his power to prevent a US market collapse while he is still in office.

On a more serious matter, the line between mental health an illness is a fine one, and not easily discerned by his/her loved ones. The best test is what more distant family members say when they visit.

I should know -- I have a 'boss' that brings in the bacon for most of us where we work. He is manic - depressive, and lives right on the edge, burning both ends of the candle. Our money train cannot last much longer, and none of my other bosses seem to be able to control him.

We probably were going to lease them access to our satellites through our own ( secure ) system. Ie, the 42 or so planned Motolorola sponsored Iridium geostationary satellites, etc. I think there are two other satellite projects planned of this magnitude ( billions of dollars ) . I would be very interested to hear from you of any news that indicates that China wanted their own satellites.

If the Chinese do wish to buy satellites from US, why can't we sell them ones that do not have our top secret encryptation hardware and software, which I suspect is very similar ( if not identical ) to the military versions. Surely our telecommunications satellite companies are versatile enough to sell the Chinese satellites to their specifications. However, even then our NSA or Pentagon people should make sure that no military defense type secrets have been compromised.

Like I said before, I am all in favor of trade with China. I just don't like the idea of compromising all of our military secrets so that our defense experts have to work overtime inventing new countermeasures. Kind of hard to put that Indian Hydrogen bomb back in its box.

mozel -- thanks for the EURO interpretations. We will need alot more of your help on this matter to unravel the truth about the EURO. It is clear one goal of the EURO is to go after the 'freeloaders' that live in one country, but avoid taxes by putting their money in another. It is also clear to me that the average citizen will be the one that gets controlled, not the international corporations that have a life of their own, and can move their money around at will. Also the really wealthy like the Rothschilds and the Rockefellers will do as they have always done. It is just us mere mortals that will lose some more of our freedom.

Maybe we should stock up on some oil too.

As Old Soldier said last night, BC has laid us open like no other president in recent history. I suggest you read Old Soldier's post from last night ( especially about the part regarding why he retired ) , and then reconsider your post to me. Retired Soldiers posts are informative, too.

mozel: I like your 'Campaign against economic weakness'. You have an excellent sense of humor. The way you suggest it, our national debt would double, and all we would have to show for our efforts would be a monument.

I am usually not a cynical person, and I usually give others to much credit for the good sense they may not have. However, my post was somewhat cyncial and 'tongue in cheek' as I know human nature enough to know that really important problems are generally not solved until after a bad event. For example, does that street light get placed on the intersection before or after the fatal accident? Unfortunately it is after someone dies. All we can hope for is that there is a steadily growing awareness of such problems as y2k, and the other ones I mentioned, and that nothing catastrophic occurs in the meanwhile.

The fabric of our type of civilization is getting more and more fragile, however, not less fragile, IMHO. Allen ( USA ) would agree with me 100% on that matter.

We should not just be spending money on y2k. We should be beefing up the resistance of our entire economic system to disruption -- either accidental or intentional. Lets not protect ourselves from one percieved disaster, only to leave ourselves at risk for another disaster. Surely there must be competent systems analysts out there that can identify weak areas in the fabric of our economic system, so that they can be fixed relatively cheaply before it is too late. Of course, it is relatively easy to rally behind y2k, and even the most jaded bureaucrats understand this.

This could really heat up. The computer gurus are concentrating on the technical problem, the business world is readying itself for the business transaction problem, but the bigger issues may be societal unrest and the response by government.

Have you ever seen what happens at the local supermarket when the weather report says that there is an outside chance of a storm? All the toilet paper and milk disappears instantly - the over-reaction by the masses is almost humorous.

Wait til they hear ( and begin to believe ) that there is an outside chance they won't be able to get money, food, gasoline, or electricity.

I hope that the remaining honest members of our government are busy at work right now, trying to plug this massive security leak. I commend our congressmen for their prompt action today, and I hope that this is the beginning of a new era of truth and honesty in government.

Strangely enough, the Chinese Communist Government is more outspoken and honest than out own, as they have already admitted to the illegal compaign contributions to the Democratic party, which the Clinton administration has denied.

truly thought provoking just send an e-mail, ( no subject or

message ) to:

ladyrose@cyberstage.net

This is, Lisa Thiesse, of The Quickening News, an Auto Responder.

Enjoy every one of ya.

RB..

http://www.gold.globalcenter.net

I have nothing against trade with China. There is much for all to benefit from. But -- please lets not compromise our the security of our entire communications system for the sake of a few communications companies saving several hundred million in satellite launches. We are not just talking about access to encrypted codes, we are also talking about these very same communications companies upgrading the Chinese launch missles so that they would be more reliable. This action precipitated the Indian nuclear weapons tests, as the nuclear balance of power has now shifted. And, those Chinese nuclear weapons aimed at our shore will be alot more reliable. I hope one is aimed at Loral.

m.killeen@worldnet.att.net

Are they pure gold?

Thanks

We also know that he works for Loral Corp., as LGB himself has informed us on at least one occasion. Furthermore, Mr. LGB has not been shy in informing us that during this great bull-run, he has been brilliantly -- and quite heavily -- invested in his employer's stock.

Now comes the news that ol' Bernie ( The Traitor ) Schwartz, Loral's CEO, has been in bed with the Red Chinese and Bill ( The Bent One ) Klinton, busily making Hootchy-Kootchy like Charo never dreamed.

Yep, it seems that Loral has been lucratively, abeit treasonously, engaged in the sale of nuclear missile technology to the Communist Chinese government these many years, with the blessing of Billy Bob Klinton, the most despicable leader in the Western World ( scumbag Klinton actually considered scumbag Schwartz for the Sec'y of Defense post in 1992, even though Bernie has zippo military experience. . . Proof of beholden doesn't get any better than that, eh? ) .

Well, Jesus H. Christ, LGB!!! What with the kind of inside info you've apparently been privvy to, most of us downtrodden goldbugs might have come off as gawldanged Wall Street geniuses, too, these last few years!

Anyway, Loral's stock has doubled this year, but is now taking a hit on extremely heavy volume.

Now aren't Dems just totally clueless when it comes to running a company -- an honest company, that is?

Here's a url with a pic ( somebody tell me Bernie doesn't look like a big dock rat ) . There you'll also find the familiar crook's refrain, I didn't mean no harm: http://www.loral.com/chairman/message.jpg

Forget the chair; somebody bring out the electric bleachers!

[This is no way meant to be an attack on LGB. He has done absolutely nothing wrong, AFAIK, being only a lowly engineer at Loral. I like the guy. He has a great sense of humor, and brings a lot to Kitco, even if it does irritate the hell out of us goldbugs, sometimes. And I hope ( actually, I'm sure ) he'll see the humor in my post. But . . . Jesus H. Christ, LGB, how many times would you have doubled your money if it hadn't been for the shady dealings of your boss!!! C'mon, fess up.]

The ones with whom a man should not associate are those who are greedy, clever talkers, flatterers or wasters.

The ones with whom he should associate are those who are helpful, who are willing to share happinesses as well as sufferings, who give good advice and who have a sympathetic heart.

A true friend, the one with whom a man may safely associate, will always stick closely to the right way, will worry secretly about his friend's welfare, will console him in misfortune, will keep his secrets, and will always give him good advice.

It is very difficult to find a friend like this, and therefore, one should try very hard to be a friend like this. As the sun warms the fruitful earth, so a good friend shines in society because of his good deeds. Siddhartha

Allan, thanks for caring. If it doesn't violate your privacy, we'd be honored to share your vision. Thanks. Promey

U.S. ( or in the whole world ) have a reserve supply

of cash and/or cash equivalents on hand at all times

( i.e., several hundred in currency [minimum] and/or

gold and silver coins, etc. ) for emergencies?

I am beginning to realize that our communication

systems are extremely vulnerable to failure at any

time. In case of war they will be the first thing to

go. Sabotage is also a great threat. Cataclysmic

occurrences ( both terrestrial and celestial ) are

real potentials at anytime.

The information age and all it encompasses is a

relatively new phenomenon. We are putting our full

faith and trust in this electronic age ( particularly,

satellite and computer technology ) for better or

for worse. This makes us very vulnerable to the

unforeseens. A similar analogy would be to put one's

full faith and trust in a new drug or food additive

without reliable, verifiable longitudinal studies

and resultant asfeguards.

I am amazed when I see construction workers whipping

out the check book to buy a six-pack or 10 gallons

of gas. Not many value cash ( or cash equivalents )

anymore, frightening! It is alarming to me to see

people put all their faith and trust in such a

fragile system that could so drastically change

within one hour.

When I was young it was common for the media, or

governmental agencies, even schools to provide

emergency information and education. Now it seems

as though all that is advised is to trust the

government, FEMA, or insurance companies to take

care of all our needs should an emergency arise.

This is also frightening.

I am concerned with the trend away from individual

responsibility, and the movement toward a community

responsibility. This type of trend works well in

theory but when the fire breaks out and everyone

heads for the exits it doesn't hold up.

I think it only reasonable that each individual

prepare to take responsibility for their own

survival needs under varying circumstances and

potential emergency vulnerabilities.

Cash and/or cash equivalents seem to me to be a

reasonable safeguard for every family and individual

( not to mention all the other survival items

frequenty discussed on this forum ) .

Be sure that you know the SAR laws. SAR - Suspicious Activity Report laws were enacted in 1996 that will reward bank tellers with 25% of ALL your assets if they turn you in and the gov't seizes your assets. If a teller thinks your cash transfer or withdrawal is suspicious, and turns you in, she might also not have done the routine paperwork and you're under the big guns. Totally aside from the big $$ incentive, it is now the legal obligation of the bank to report any single or cumulative transaction that, in their eyes, might be suspicious, starting up an inquiry that you won't be aware of until your first check bounces - after your assets are seized.

In short, if you MOVE $10,000 of more out of your bank account without filing a CTR ( currency transaction report ) , usually done by the bank, but YOUR responsibility. you can be arrested and have ALL your assets seized. It's part of the Banking Secrecy Act. If you move it in smaller amounts it's called structuring and carries a $250,000 fine and up to 5 years in jail. Plan on a couple of years, a court battle, and around $250,000 in legal fees to get it back.

It's not illegal to hold cash, but it's got red tape wrapped around it. Don't want to see any of my friends trip this invisible wire. You'll still be in the midst of the mess when the bell tolls.

YIKES !! Can this volume be correct for Indochina Goldfields

www.Quote.com showing 54 Million shares traded today. The weekly chart still looks like a downtrend to me, but I'll bet the On-balance volume indicator really went North on this action. What's the news?

Thanks tons! dj

I've been watching the exceptional volume today, too. I saw one block of over 200,000 shares trade this morning - must be institutional buying. There's no news that I'm aware of, but it appears from a technical standpoint that DROOY will be the one of the first to break this downtrend we've been in. A close at 3 3/16 or higher would do it, I believe. Maybe that's creating the big volume.

Thanks! dj

http://www.drudgereport.com/1.htm

The last leg of the bear market in SILVER extends from 05/23/87 to 03/13/93

On a nearby future adjusted basis SILVER went from 970.2 on 05/23/87 down to 353.5 on 03/13/93 after having tested the mid 350s already on 02/23/91 with a low of 356.8. Chartists would call thatadouble bottom , until proven wrong.

The beautifull thing about it is that the Fibonacci 61.8% retracement level from this downtrend is 7.34 and ohhhhh surprise the high of the july future on 02/05/1998 ( top of my wave 1early this year ) was 738.It fits nicely and some anti-chartist would say that you could have a chart show anything and its contrary.

Still , a take profit order would have been better placed at 725.Easy to say that now?

Now, I like to think of myself more as a fundamental trader than a technician , even though charts can be helpfull and lots of traders look at them ( self-fulfilling prophecy? ) The debate between technicians and fundamentalists has no merit in my opinion as all technical and fundamental information is in a spot price .This of course doesn't preclude your right to think that a spot price is wrong. ( otherwise what would we be doing here! )

Timing is difficult and I will disappoint you.I can call a level and think it is a buy ( or a sell ) .But to tell when market turns will occur or how long a trend ( or no trend ) will last, I am not qualified.

On the other hand , I still think that INDIA 's demand is more price and mooson ( good crop or bad crop ) sensitive than tributary to US sanctions.

INDIA refrained from buying lately due to high spot prices and I think this will change now unless the rupiah freefalls.

The deficit ( demand versus mining and scrap supply ) of 150 to 200 M ounces per year will soon become unbearable and prices will have to adjust on the upside.There are tons of other reason which make me like PM but the purpose of this post was not to get into that.

THANKS

Now, let us w/w..................OK

APH and DJ, thanks youse guyz for your posts......let us make a little *dough* together, eh?

DJ - this plat thing makes little sense to me as well, but I have learned that if you want something to go somewhere tooooo much it seems to do the opposite. I saw a good gamble and it is not moving my way........but the fat lady......nope...............I haven't heard a peep from her ( ! ) :-0 Sure beats bein' in gold right now.........if I could steal the words of Monex#3-dude.......it's in a coma......OK.

away...to w/w

Éß$©

I wonder -- did the Europeans get advice from our Federal Government?

INTERESTING Gold & Silver commentaries at this website

http://www.venerosogold.com

International analyst Milhouse provides a very-insightful critique of a Martin Armstrong's ( founder and chairman of Princeton Economics International ) recent seminar in Hong Kong.

Interesting revelations and forecasts:

- A final washout in Japan will also occur, with the Nikkei eventually falling below 10,000.

-

- …particularly gold, which should move significantly above its 1980 high ) .

- He stated that gold would, however, begin a bull market during the second half of

1998 as private investment capital seeks a haven from the chaos created by EMU.

- Forced to look outside Japan to obtain a competitive interest rate the Japanese have accumulated over 2 trillion dollars of US Government debt.

… amount others

The entire report may be seen at following web location. Please remember to delete the extra letter b ( beagle ) in the Internet address:

http://www.gold-beagle.com/gold_digest_98/milhouse052098.html

Silverbaron: That global intelligence update certainly has the 'flavor' of truth in it. I have always wondered where they get their news. Japan at risk for oil supply being cut off? That is highly significant. Makes sense that they would look to Australia for help. Where is the US Navy?

All: What is this about gold demand dropping by 40%+ in a Bloomberg report, with scrap gold from Asia flooding Switzerland? I think we are getting conflicting news. My guess is that the longer real confrontations are delayed in Indonesia, the more likely that gold will eventually go up -- given the dire situation in Russia. Beware the gold rally, as it may mean that the seams of our fragile economic system are starting to crack.

Date: Wed May 20 1998 06:51

sharefin ( Galaxy IV ) ID#284255:

This is the first sign of Ragnarok!!!!

Soon we will be 'Gaberlunzie's'

PLEASE TRANSLATE FOR US DUMMIES WHO DON'T KNOW WHAT THIS ( SCANDINAVIAN? ) MEANS... ( Although I think I could guess ) ..

.Anybody have a satellite - quote thingy that isn't working today? ...A harbinger of the near future in microcosm.

In case you missed this yesterday .... from Colin Seymour ...

May 19th 1998 - News from Umar Vadillo

All the Directors of the Islamic Mint are gathering in Dubai to establish the first Islamic Wakala ( Agency ) of Dubai. This institution will support the use of the Islamic Dinar as world currency by enabling anybody to open accounts in Dinars and Dirhams, thus allowing account holders to make payments to other account holders from anywhere in the world. This is another step towards returning towards a real currency. The response so far is being overwhelming.

Any thoughts on appropriate hedge & if so what is the best sign to make this move & what is the next solid base of support ?

I know this is not askig much, but what are your DEEP THOUGHTS ?

Preacher'

Thanhs for your comments re donner. You can't blame those for taking a flyer on Donner . It's awfully sexey just sitting there under Diamond Fields !

If the drill results went the other way, WOOOSH, it would have been heard around the world. Maybe now is the time to buy, NO ?

Y.O.S.

TAR BABY