I asked him of what he was made that he would give to we Kitcoites the secret key to untold wealth.

It would be instructive to examine the price of the stock versus the date posted on His website. Also the golden-eagle mine that advertises on his site.

He doesn't have any biographical informtion on himself on his site that I can find, so, Herr vronsky, who you be'es?

When C. Shultz was asked if he was worried about deflation he replied, Yeah sure, that comes right after my fear of being eatin by phiranahs Deflation dosen't fit anybodies agenda.

Inflation can pay the debt,S.S.,pension plans, medicade, mortgages, you name it. It's politicaly do-able, maybe an eventual necessity. Check out the yahoo business wire for last week, the good times are rolling.

With deflation paper can be king.

I am securing those things vital to existence and adding a little gold and silver for what they might be worth, without compromising any poise in the everyday world.

When the Soviet Union collapsed I worte the Embassy advising them to make wheat availabe to every person, and keep thier options open. If every person in Russia had a wheat supply social disruption would be avoidable since aas long as you can eat you can think furthur about any problem.

We are probably at the end of a 40 year run on the paper currency ride... ( at least we believe it to be so ) . But, I'm afraid that this could take a few more years to play itself out. Remember, 3 or 4 more years to wind down a 40 year boom is not long, except if you've taken a financial beating relative to the rest of those boomers around you!

INVESTING

Bullish about bullion? Read this

Saturday, May 23, 1998

By Douglas Goold

YOU'VE really got to ask yourself how gold bugs can keep the faith year after year, particularly after

a year as disastrous as 1997. As Gold Fields Mineral Service Ltd.'s just published Gold 1998

reminds us, last year's average price of $331 ( U.S. ) an ounce was the lowest in 18 years, and the

worst in 26 years if inflation is taken into account. The 14.6-per-cent fall in the price was the greatest

since 1984.

Last December's nadir of $283, which is just below the 1985 low of $284.25, looks even more pitiful

when you convert that 13-year price to its current dollar level of $424.

Had enough? There's more, much more. Look at the gold price chart going back to the beginning of

the 1970s, when then-president Richard Nixon allowed the price to float. If you bought gold any time

after 1980, when inflation and interest rates peaked, chances are you lost money. The explanation is

clear from the inflation chart, which shows the close relationship between inflation and the

inflation-adjusted gold price ( it also shows why investors have bought gold as a hedge against

inflation ) .

If all this isn't enough to make you despondent, look at the final chart, which illustrates how your

brilliant gold investment has performed compared with the U.S. stock market.

But gold is still an important commodity, particularly to Canadian investors.

Gold stocks have traditionally made up about 10 per cent of the weighting of the TSE 300 index,

though that weighting has been sliced in half to 5.1 per cent. According to Gold Fields' publication,

the Bible of the industry, Canada remains the world's fourth-largest producer, after South Africa, the

United States and Australia. Barrick Gold Corp. has fallen to the fourth-largest producer in the world

from second, while Placer Dome Inc. has moved up to fifth place from sixth, behind leaders Anglogold

and Newmont.

Gold Fields has always been cautious about offering opinions. But even it picks up on 1997's

disinvestment of 260 tonnes by North American and European investors to suggest that attitudes

toward gold have changed -- for the worse: The reasons include a more positive outlook on the

economy ( that is, the expectation of continued growth with low inflation ) and a negative view of the

gold market's fundamentals ( above all, the probability of further official sector gold sales ) .

A reading of Gold 1998 leaves one with the sense that unless there is a runup in inflation or a

weakening in the U.S. dollar, the currency in which gold is bought and sold, the price of gold

( currently $300 ) isn't likely to improve significantly. The authors admit that in the absence of a

serious inflationary threat, the gold price is unlikely to rally very strongly, even if last year it was

rather oversold on the basis of somewhat exaggerated concerns as to the future level of central bank

sales.

Indeed, the publication almost confesses to catering to a marginal audience. With the withdrawal of

mainstream investors over recent years, it concludes, the buy-side of the market has been

increasingly left to the so-called `gold bugs' and others with a traditional attachment to gold. Those

others, including Indians, Pakistanis and ethnic Chinese living in the West, were aggressive buyers of

gold when the price dipped below $300.

Those keen on gold can take solace in the fact that with prices so low, the industry will consolidate,

with strong players such as Barrick becoming even stronger as weaker companies capitulate.

The key question now is how much gold the European central bank will decide to hold. The market

has already discounted a 10- to 20-per-cent reserve holding. A higher level is possible, because the

most powerful member-states hold a lot of gold, with Germany coming in at 28 per cent and France

at 47 per cent. A meeting of the governing council is scheduled for June 2 but a decision is not likely

to come until July.

I posted little of the K2 Coward on this page. My most biting remarks are on the forum in which the insult occurred. I have found that confrontation is the ONLY way to deal with these types. Their snipes rarely stand up in the light of day. I just drag 'em out from under the crawlspace and let the cleansing rays of the sun do its work.

Yes

henryd__A ( RJ - K@ Handle ) RJ; Is this you?

RJ2 ( hoistingthefgr.a ) ID#411147:

No, look at the ID. The writing style is also very different. I think RJ2 is a long time poster at K2 and SI.

I tried to respond to your inquiry, but the email would not go through. Try it again, would you?

rjd@pacbell.net

Auric -

Godfather II?

Aliens?

Police Academy IV?

These sequels were indeedy better than the originals. I saw Godzilla yesterday. I counted five direct rip offs from Jaws and a couple from other movies I can’t recall now. The acting was insipid and the plot was ridiculous. Same for Jurassic Park, The Lost World, but the T-Rex was cool.

What you get with the current incarnation of Godzilla is two hours of solid monsters. They wasted little time on a plot, but the monsters are scary as hell. This giant Godzilla MUST be seen on the big screen. He is one pissed of lizard.

I am off to see a movie today that I thought would never be made: Fear and Loathing in Las Vegas. The book, by Hunter S. Thompson ( THE finest writer of our generation ) was always considered unfilmable. If you believe the critics, it still is. They blasted it. I don’t care, I’m seeing it anyway.

When I first read HST’s book in the Seventies, I thought it was the most insane and dangerous piece of writing that I have ever witnessed. It remains so today, only surpassed occasionally by some of Thompson’s other work. Fear and Loathing starts out with paranoia cranked to an almost unbearable level, and then builds up from there. By page 75 you will be loading weapons and casting furtive glances. By the end of the book, if you have taken any of it to heart, you should be a felon, or worse. Along the way, interspersed amongst the madness is some of the most appealing prose I have ever read.

Longtime readers of HST know there is a razor sharp intellect and an ability to cut through the surface BS and tell the story as nobody else even sees it. As the inventor of Gonzo Journalism HST always told the story from inside himself. He was always at the center. Events circled around him and it was ALL personal.

Those that have only read his crazy stuff, missed one of the greatest political handicappers of this century. He would figure the poll spreads and odds of political races like he was setting up his bets on the weekend football games, with an accuracy rate of better than 90%.

For any who may be Interested in the unique voice of HST, the following are some of his best works.

Fear and Loathing on the Campaign Trail ’72

( a collection of reports written for Rolling Stone under the pseudonym, Raul Duke ) which includes a truly bizarre encounter with Richard Nixon durring a four hour Limo ride.

The Curse of Lono.

There is no way to describe this book, other than it takes place in Hawaii and the paranoia level matches Las Vegas in the climactic hallucinogenic Marlin fishing trip. The Hawaiian God Lono figures prominently in this book, as does a vicious Samoan War Club.

Hells Angles -

HST’s first book, published in 1966, is a strait piece of journalism from the inside of the most notorious motorcycle gang of all time. HST rode and partied with the Hells Angles for a year and a half and was friends with founder Sonny Barger. The Angles damn near beat HST to death when they found out how much money he was making on the book, and they were getting none of it.

Generation of Swine -

Essays from the Eighties. Way critical on Reagan and Bush.

Songs of the Doomed -

Get this one on tape as well as the book. His piece on the Roxanne Pulitzer divorce case is a scathing indictment of the Old Money of West Palm Beach.

The Proud Highway -

His latest is a trip to the past. This book is a compilation of HST’s personal correspondence from age 17 to 28. It is fascinating to see his enormous raw talent grow and refine into the most unique voice I have ever heard.

If anyone here is more on the conservative side, I recommend none of these; they will shake your tree to the roots. For the rest, read the words of HST, you will never view the world the same again.

Yep

Oh, yeah........ Go Gold

Were you on k2 for a while?

Is that like an alternative universe? Or is that 'ANOTHER' mountain peak near Mt Everest?

Seriously -- welcome back!

I still have trouble feeling equally at home in bear and bull markets, but I am working at it. You are abolutely right about the ego bit -- that gets in the way every time.

I see a short term pattern in the gold index ( XAU ) that is bearish. It goes up for two days, and then coasts down for many days -- this pattern is also evident on shorter term intraday trading -- bearish. On the other hand volume traded on all of my gold stock indices is dropping, suggesting that we are in a quiescent phase of a gold equity bull.

The last bullish item is that we seem to be repeating the 1993 pattern, but with silver leading gold. If so, we should have a very strong rally in silver beginning within weeks.

So I am still long gold, and am hoping the Indonesia situation is stabilizing so that SEAsians will feel like buying gold, not selling it.

Thanks for letting me know that you are as uneasy as I am and that you are still long.

Oris: Thanks for the insight into Russian politics. For the sake of the world, I hope you are right.

All: Please look at Matt Drudge or the Saturday New York Times -- another Jeff Gerth article out. Bernie Schwartz of Loral has retained a lawyer already-- I think it was one of the Clinton crowd. Bernie will also explain his position on THIS WEEK, ABC Sunday morning. Odd thing to do if you are getting a lawyer.

I have never seen congress galvanized like this in years.

You were gone?

( Its a joke, damnit! )

Away.......tocountfrommypinkytomythumb

Effendi ANOTHER writes of vast conspiracies and 30K gold.

And the masses throng to his side to supplicate.

I write if a simple supply demand picture in PGMs and a return of platinum to its traditional trading range of 450 - 600.

Gold goes down in the face of ANOTHER,S predictions.

Platinum goes down in the face of mine

Let us see which will bring the greater rewards in the soonest time.

Let us see which outperforms which over the long term.

Platinum has outperformed gold better than 95% of the time.

Hurrah for the five percenters

Yes

a few items from page 64-65 which speak of revelations by the New York Times

“...late in 1969 Clinton had embarked on a “40-day train trip through Sweden, Finland, the Soviet Union and Czechoslovakia.” Though a student on a modest budget ( his Rhodes scholarship provided only $2,760 annually for tuition, room and board ) he had journeyed to Moscow and “stayed in one of Moscow’s more expensive hotels – the National, much favored at the time by the Soviet elite,” then he visited Prague, the capital of one of the Soviet Bloc’s most repressive regimes. The trip to Moscow alone in those days could have cost as much as $5,000....

Where did the money come from? How did an American student acquire such clout with the Soviets? Surely the KGB or some propaganda arm of the Soviet government was involved....State department files supposedly contained evidence that Clinton had given up his citizenship to avoid the draft, that he had committed treason, and that while in Moscow he had slipped away for a clandestine trip to Hanoi...”

On the subject of mysterious deaths on pages 140-141

“Historians will someday settle the question as to whether the Arkansas machine had a hand in the untimely deaths that overcame the Clintons’ friends, associates, distant acquaintances, and enemies during their rise to power. We do know that in the summer of 1994 the sober Economist listed eight unpleasant incidents in warning of the “peculiar pattern of suicides and violence surrounding “people connected to the Clintons”: Vince Foster, Kathy Ferguson ( ex-wife of a Clinton bodyguard, a suicide ) , Bill Shelton ( Arkansas policeman, boyfriend of Ferguson, a suicide ) , John Walker ( RTC investigator concerned with irregularities at Madison Guaranty Savings and Loan, fell from the top of a building, dead ) , Jerry Parks ( chief of security for Clinton’s 1992 campaign headquarters, shot dead in Arkansas ) , Gary Johnson ( Arkansas lawyer badly beaten in 1992 after claiming to have video tapes of Clinton calling on Gennifer Flowers ) , Dennis Patrick ( endured three attempts on his life after he discovered millions of dollars passing mysteriously through his account at the firm of Clinton supporter and friend Dan Lasater ) , and Stanley Huggins ( early investigator into Madison Guaranty Savings and Loan, found dead in Delaware.”

I add to this some salient items from an editorial by Chet Whye Jr. in the Denver post back when 7-year old pilot Jessica died in crash in Cheyenne Wyoming and the media was damning her flight instructor and her parents for letting her take off in heavy weather to continue her attempt at being the youngest pilot to complete a cross-country flight. That few questions other than Whye’s were raised regarding another risky flight is itself suspicious.

“There are just too many questions about the mysterious death of Commerce Secretary Ron Brown. Now that he has been respectfully laid to rest it’s time to get down to business. Let me back up a little bit. I was an aerospace engineer long before I started throwing down the ink. I spent time on everything from tail sections of little Falcon 20’s to the launch of Titan missile. Believe it – there are things about this flight that smell like a dead fish.

“Area natives described the downpour as the worst weather they had seen in a decade. Visibility was horrible. Any aircraft taking the chance would have had to rely heavily on instrumentation to maneuver through that storm. This is a plane that should never have taken off.

“Lt. Col. James Albright was commander of the 76th airlift Squadron...Albright voiced concern about the flying of T-43As over such difficult terrain....Just five days before the crash of Brown’s plane, Albright was relieved of duty....Albright had refused to permit flight of T-43As in the area because he considered the conditions unsafe. Yet the T-43A carrying Ron Brown was allowed to take off over mountainous terrain...in the middle of a horrendous storm.

“The only thing guiding the T-43A ...was a low-frequency, nondirectional radio beacon....[that] can’t handle interference from atmospheric disturbances.

“But there’s more... Three days after the crash a Croatian name Niko Junic committed suicide. Junic just happened to be chief of the very navigation system that guided Brown’s plane.

“Usually the prime source of information as to why a craft goes down is the technical-data recorder - the “black box” in the cockpit. T-43As don’t carry them. Budget reasons, the Air Force says.”

Since the above editorial more has come to light...

A 45 caliber hole in the top of Ron Brown’s skull. Autopsy photographs have “disappeared”. The physicians involved have been told not to talk about it. Some American blacks have questioned why a mysterious death of a black has not been investigated like they assume such a death of a white would be.

And more comes to light every month...re China, and ( from the Wall Street Journal 10/23/96 ) Clinton’s refusal to execute the Ballistic Missile Defense Act that he signed in 1995.

He effectively vetoed Thaad and Upper Tier that could have defended us against incoming missiles from the Chinese or others. He hands our enemies advanced weapons systems and then ties our hands so we can’t defend ourselves against such threats. Hopefully our military has developed other defense plans independent of the President.

Is the U.S. President the anti-christ or just another Suharto?

If they go with the French candidate, he will be pro-gold. If they go with the German ( Dutch ) candidate, he will be pro-gold.

Me now:

The Dutch candidate was responsible for selling mucho gold from The Netherlands’s vaults over the last two years.

The Dutch have sold, the Germans have leased. I think Mr. ANOTHER trips himself up. I would like to know how this is pro-gold.

Congratulations to the success of the ANOTHER book, beats selling gold, don't it?

One point of clarification. Bart asked me many months ago to identify myself as a metals broker, especially when I was so bearish on gold. He seemed to think this would stop the suspicions that I had some sort of agenda. I hesitated to name my firm because I speak for myself on these pages, as all here realize.

When, after eight months, I finally revealed where I work, it was because a CNN camera crew was standing on my desk, filming the Monex trading floor for Moneyline when silver made its big move.

I speak for myself here and no other.

This is called freedom.

No man or beast shall shackle I.

Nor still my voice

Yes

I agree.

Rather than leave these tunnel rats fornicating in the sewer, I simply want to show their words for the world to see. Some live in fear and darkness, some live in the light.

This fellow posted a hotmail Email address to collect horror stories about me. I wonder if he knows who he is responding to?

Time will tell.

I forgot who said this, but it seems appropriate:

Live your life unashamed of what others may say about you; even if it is untrue.

Those are wise words

Indeedy

Seems some cowardly jerk has chosen K2 to carry on some personal vendetta

Since he is afraid to register on K1, he snipes from the shadows

Let's bring this little ferret out into the light

Please read his posts so you will see what an ass I am

And how exceedingly clever he is

He uses an anonymous Email return address

He thinks this offers secrecy

He has much to learn

Yes

Incidentally, something is really up in Russia. Just how long can the Russian economy stay afloat if the Trans-Siberian Railway has been severed by angry miners? A scolding by B Yeltsin does not work if you have not been paid in over 6 months.

We need input from Oris. This will be very bullish indeed for gold -- but big time trouble for the world.

Is it something like this ( ? ) : The forward sales and/or leasing is the train and the CB announcements of sales are what grease the tracks? It must be a combination of events and the shorters have been taking great advantage of this.

Or could it be ( heaven forbid ) that gold is acting as a commodity right now and is following simple supply/demand principles. There is PLENTY of gold out there, no? And it is not getting 'used up'......nope.

...........I dunno.....I'm going out to buy some juicy tomato ( e ) s..........vegetables and fruits are something I DO know about. yum-yum...

away......for some soupage

Éß

have a good weekend all.....gotta run and do the memorial-weekend-thingy........uh huh. yahooooooo!

yesterday ( after a miserable ( scratch that ) -- deplorable -- 9 holes of golf. ( One

wonders why we submit ourselves to this type of degradation. Resolving my sad

relationship with the little white ball has moved high on my agenda for early

summer. ) At any rate, Mr. Turk, who writes an admirable newsletter for those

interested in the mysteries of gold and international finance called THE

FREEMARKET GOLD & MONEY REPORT, tells me that he suspects that the

reason why there hasn't been an announcement on the gold content of the euro

is because the Dutch are in the process of dishoarding all or a major portion of

their 1000 tonnes of gold. Those of you who have followed Mr. Turk over the

years know that he has done some of the heavy lifting for the rest of us gold

analysts on international gold flows, particularly in Europe. He says in his May

18, 1998 letter: No announcement has been made by the new ECB ( European

Central Bank ) about its future gold policy because the new ECB governor ( who

by coincidence is Dutch ) is purposefully allowing the Dutch -- with the tacit

approval of each of the member countries in the monetary union -- to complete

their dishoarding before ECB makes any definitive and formal policy statement

about foreign reserves and Gold. The reason: After ECB goes into effect the

Dutch will not be able to mobilize reserves. The Dutch know that Germany, Italy

and France favor a strong gold reserve. The Dutch would just as soon sell,

according to Turk. So this is the reason for the delay. It all makes sense save

for one small problem: There has been no announcement along these lines from

the Dutch so we can't know for sure if Turk's theory is reality. I asked Mr. Turk,

Do you really think that the Dutch are selling all their gold? His response was

that there has to be some reason for gold's dismal performance in the face of

everything's that gone on lately ( the euro, Japan, Asia, etc. ) . Somebody's got to

be selling and most the most likely candidate is the Dutch. The golden lining to

this gloomy cloud however, says Turk, is once the announcement is made, buy

gold. That will be the bottom of the market. If his scenario is the correct one,

we would concur.

from our man on the inside ;- )

away...

Éß