Doesn't it seem like WJC has gone almost overnight from teflon coated to two left feet? I think he is going to find out that going by the polls and ignoring everything else does not always work. Telling the truth, and doing what is right still matters.

And -- the last I heard, the weapons of mass destruction were in hardened bunkers, and we don't know which ones, or where they are. What good are 'bunker busters' if you don't know where to aim them?

My guess is that all we are doing -- other than creating civilian casualties -- is blowing up some sand.

Gold 296.9 +.4

Bonds:

30-Year U.S.T-Bond

5.007% -0.029

Gold Lease rates inch upward:

SteveH ( 12/16/98; 02:21:42MDT - Msg ID:1369 )

One month lease rate up .11 at 1.51 now...

Doesn't this mean that gold carry is very unprofitable at this rate? Isn't this one of the first times that the one-month is well-over the

longer-term rates. For comparison, the one-year rate is 1.43. Thoughts? What does this mean

DOW is just hanging around until net year:

Dow 8790.60 -32.70 ( -0.37% )

Currency report shows some dollar pessimism:

The Financial Times notes that nearly all of a recent ECU 1 billion Finnish issue was taken by the Japanese.

The ultimate safe-haven Swiss franc and EMU-safe-haven pound will probably benefit. Overnight, Tokyo traders named 115-117.50 the new range but a new wave of dollar pessimism can easily push it to 113 or more; similarly, against the DM, traders may be inspired to test 1.64 again.

In the UK, the Treasury's euro preparation unit leaked a document to the press projecting that the UK could join EMU within 8 months of the

decision to call a referendum, 3 months after a government decision to join and the referendum, plus another 5 months.

The point is this, if Clinton gets away with 'it', all the gold, silver and whatever else you may have won't matter! You see, you have to be able to keep it to use it. If we accede to the rule of arbitraryness, then the law, 'is whatever I say it is, no more and no less.' To paraphrase something from Alice in Wonderland................

On a different note, it seems that the belief in an Iraq attack by U.N. forces is being 'bought' by the market. Check the XOI index.

I believe Henry Hyde stated that if an attack on Iraq happens, the impeachment vote will be delayed.....................

http://biz.yahoo.com/rf/981214/bjq.html

Got all your Christmas presents yet? How bout something for the 'real' boss ( in the home ) . Hope all is well for you -- and you are poised to gain from what looks very promising for precious metals -- finally.

His analysis and prediction goes a follows: The strategy of the mid-east producers ( as per that laid out by Sheikh Ahmed Zaki Al-Yamani, Minister Of Oil in Saudi Arabia in the mid '80's ) has been to let the price of oil drift down over the last 13 years. The result is that oil produced from all of those new deposits discovered after the dramatic rise in the oil price, is now being delivered at only break even or less than break even prices. Consequently no new money is going into drilling exploration. The result is that at present, about 50% of the worlds known remaining supply is now under the soil of the OPEC nations. Dyer contends ....at the half way point is where prices will start to soar again, and that is not far away at all. Giant oil companies, already secretly talking about new kinds of deals with Middle Eastern producers who sit on most of the worlds remaining reserves, will be well positioned to make a giant killing.

Take that strategy and apply the same scenario to gold, and you come up with a plausible plan being played out in the western world today. Only in this case, gold is being accumulated by the US, Europe and perhaps Asia while the price is kept down through manipulation. As the oil price goes up, let gold move up in a controlled fashion and dispose of it or use it as the currency of choice for the remaining oil. Alternatively, use that gold to now finance that much needed oil exploration program.

Its perhaps a silly leap of logic, but this game is leading me to believe there is more to it than just plain manipulation, even though that in itself is needed to keep gold with not interfering with the value of the US $$.

Interesting -- if WJC is not impeached, the markets go up. If he is impeached, the markets go up -- becaause everyone 'knows' that the Senate cannot get a 2/3 majority. But gold/gold equities will go up if WJC is impeached. This is probably why silver is vanishing.

My guess is that after WJC is impeached ( highly likely ) , the US markets will rise for a time. Eventually all the commotion in the Senate, and the ChinaSatGate, other xxxGate revelations will introduce some doubt into the markets, and they will fall -- probably a month or more from now.

I found it amazing that there is a vocal person ( name forgotten ) who says we should not impeach WJC because he is black! And the actor who said they should stone rep Hyde and his family for wanting to Impeach WJC.

In WJC's defense on one item, he did make a parallel between the children of Palestinians, and the Israeil children -- that they were both deserved better. The Israeli reaction to this -- indignation -- indicates to me how far they are from resolving their differences. Well -- at least WJC got back to to US in one piece. Notice how all Americans have been evacuated from Iraq? 'Wag the Dog' again? Is WJC devious enough to 'stage' a terrorist attack on American soil so that he can declare martial law? Probably not -- but I don't think it would work anyway -- the American public is not sensitized enough -- and he wouldn't want to crash the markets.

Now that WJC is back, we can go ahead with the Impeachment process. And, I do get a big kick about why WJC does not to want publically admit perjury -- he is afraid of the sealed criminal indictment Kenneth Starr has given to some judge. The lawyer in him is getting the best of him -- thinking again about that court of law, rather than the truth. Looks like WJC has lied so much he doesn't know when and how to tell the truth.

@haikutime

Silver will fall down

like rain falling from the sky

silver shes a dog.

away...

Éßearish

How 'bout Green Gold.....or Gold Gold? Or Purple&Gold ( GoLakers...........stoopid B-ball players ) .............or Igot ( yer ) gold....... ( ? ) .

I tink I need some sleep now...........uh huh.

away.....to await the final ( ? ) drop......and then swoooosh in for some good deals :-O ( ohmy ) .

Éßsugarplumsdancing

away....to saw me some logs..............zzzzzzzzzzz

Éßnytol©teddO

Perhaps the MacAuratorolebeanO can dig it up for us. It was during the first year of kitco's existence..........uh huh.

away....to wait for NickO to email me with that good pick he's jawin' 'bout....

Éßwaitingforalowflyingburritowaftingthisway......go gold.

¡ohno!........... ( ugh ) .

away......to lick some still lingering, severe, deep, hurting, sickening, ugly wounds........and cry in a can-o-beer-o

Éßsad..... ( sniffle ) .

( grin )

Wink is en route.....and a little somethin extry......¡ohmy!

Call off the inspectors........I have opened the palace gates and EVERYONE knows that the Californy Wink Museum is open to the public........fer a small fee.........he he he...

Now get yer sheep-shagg........ ( whoops ) ........go golF!

away.....to finish reading the BAZILLION posts from Kapex ;- )

Éßlaysoffthereloadbutton