THE TABLE IS NOW SET...

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Table is now set - this from the GE forum...

(noula) Jan 14, 13:05

Looks like our table is now set:

- Chinese legalize public gold purchases, state owned coprporations can now liquidate the country's large holdings of $US through the smokescreen of "consumer demand"

- EU CB's to move gold thro BIS thus avoiding LMBA and NY markets and a cessation of leasing to LMBA-NY bullion banks

- Barrick reconsiders hedge program

- gold production falling which may accelerate due to Y2K problems

- Fed increases money supply by 70% annualized rate in Q4 1999

- Open interest on NY COMEX continues to collapse signalling extreme illiquidity in the PM markets

- Feds have losing ability to influence commodity markets as supplies dwindle to critical levels - the manipulation game is up

- Y2k hitting US oil production in a big way

- KGB takes over Russia, has its organized crime network thoroughly infiltrated in the west

- Chechnyia war signals Russia's intent to control Euraisan oil supply

- Continued Arab oil supply to the west contingent upon Israel relinquishing lands taken from Syria and Lebanon, a cessation of hostilities towards the Lebanese civilian population, a fair settlement of the Israeli induced displacement of the Palestinian population since 1947 and free access for Muslims to the Mosque of Omar in Jerusalem (folks this means war)

Next week should begin the next great leg in the gold bull market. CRB could reach 230 within 3 weeks. Hold onto your hat!

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Also - this one...

Oil and the U.S Dolllar

(nasdaqbubble) Jan 15, 00:43

The United States is the largest importer of oil. The effects of higher oil are readily apparent to the u.s dollar when one takes into account the "current account".

It's time to go to the "DID YOU KNOW SEGMENT" OF THE SHOW.

An oil price that returns to levels seen on an inflation-adjusted basis back in the early 80's, would have the effect of adding about 155 billion to the current account.

Present oil prices knock the current account for a hit of around 50 billion.

THE DOLLAR HAS TO DECLINE AS OUR INVESTMENT INCOME SLIDES FURTHER INTO NEGATIVE TERRITORY. A TRADE SURPLUS IS NEEDED TO COVER THE DEFICIT OF PAYMENTS BUT HIGHER OIL WILL HAVE THE EFFECT OF WIDENING THE TRADE DEFICIT.

QUESTION- HOW CAN THE DOLLAR MAINTAIN ITS CURRENT LEADERSHIP STATUS WITH FUNDAMENTALS CLEARLY DETIORATING AS WE SPEAK?

GREENSPAN, IGOT TWO WORDS FOR YOU- GOOD LUCK

GOLD BUGS- HIGHER OIL WILL EVENTUALLY KNOCK THE DOLLAR OF ITS MIGHTY THROWN. A WEAK DOLLAR WILL ALLOW THE GOLD BULL TO START ITS LONG JOURNEY TO FOUR FIGURE LAND.

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I think we are moving into some uncharted waters here :o)

Get you some Gold - at $280 it's $20 below ***cost*** price...

-- Andy (2000EOD@prodigy.net), January 15, 2000

Answers

Andy...you are the brothern kin,you've been on the right side all along.The truth will set us free.......and the rest of 'em too....unto the REPUBLIC for which it stands !!!

-- eric micael....allen (bizerr4@hotmail.com), January 15, 2000.

The seamless segue from Y2K to gold is spectacular.

Wonderful post. Should continue to help kill this forum with drivel.

-- I'mSo (happy@prepped.com), January 15, 2000.


Imsolame,

you would know all about drivel you simpleton, all night you've been leaving your arse droppings on all threads.

Cretin.

-- Andy (2000EOD@prodigy.net), January 15, 2000.


Yeah.......Andy was spewing the same line when gold was $320.00 an ounce.......so far he's about $40.00 per ounce down.

-- Craig (craig@ccinet.ab.ca), January 15, 2000.

Oh yes Craig, I loaded up at $320... not. I cost averaged in at about $280.

You fail to realise that Gold only has to go ballistic ***ONCE***.

If you're not on board when this happens pal, you've missed lift off...

I was telling know-nothings like yourself the same thing at $252.

It costs miners on avergae $300 to drag the stuff out of the ground.

Got any more pearls for us Craig, fire away...

-- Andy (2000EOD@prodigy.net), January 15, 2000.



Andy

Check out the thread above entitiled SILVER EXPLODES!

-- zguy (bubbleburst@bankruptcy.con), January 15, 2000.


Have done and have posted it on USAGOLD. That twit Vronsky banned me from gold-eagle for posting on oil and gold running up this spring - so can't help there, sorry. Hope you're right this time!

-- Andy (2000EOD@prodigy.net), January 15, 2000.

If this were a replay of 1929 and Japan in the late 1980s, we would predict that the speculators would continue to thumb their noses and snicker at the bankers' repeated warnings that the bubble can't continue, right?

The more Greenspan and crew wring their hands and posture, the higher the bubbleheads drive prices. Right now, it is a game of chicken between the bubbleheads and the bankers. The bankers themselves will only take away the punchbowl when their source of liquidity goes away: foreign investors' (banks') capital.

When will the foreign bankers say "Enough is enough; this bubble goes POP!"?

This is positively insane.

~~~~~~~

Consider that Greenspan has said that since 1996 ("irrational exuberance" and DJIA 6,000) the wealth effect from the stock market mania has added 1% to real GDP per year. This is ~$7-$8 trillion in paper wealth to get ~$1 trillion more in real GDP.

What if this process were to go into reverse at the same ratio as a result of the bursting of the bubble (which Greenspan suggested a year ago to be a 30%-40% decline in stock prices) over the next 2-3 years? What would be the cumulative rate of change effect on GDP in reverse? Would there be overshoot of 30%-40% decline in prices?

The equivalent paper loss would be $6 trillion. What would be the real rate of change GDP deceleration from the current real GDP levels? 3.0%-3.5% per year? Sounds like no growth to me.

Would it happen in one year? Two years? Three years? More?

If we get no net growth or recession in the next 2-3 years, what happens to corporate earnings and stock prices? Larger than 30%-40% loss and a more severe deceleration in GDP growth?

I believe that this is what the bankers are telling us, but the bubbleheads don't get it. The warning from Greenspan is not about general inflation but runaway asset inflation that undermines the structural integrity of the real economy, which increases credit risk for bankers' portfolios.

This is why I believe the likelihood is increasing for a massive stock market crash when foreigners force U.S. bankers to finally act on their bubble warnings. The Bank of England has made the first move . . . As foreigners pull out of bubble.com the US$ will collapse.Greenspan will have to raise rates to support the dollar.The market will get hit harder...loss of confidence in paper currency.Gold...up up and away.

-- Ponzi (crash@bubble.gone), January 15, 2000.


Ponzi,

I agree with what you are saying but what do you mean by

"The Bank of England has made the first move"...

what have they done? At the moment the BOE are propping up the dollar and aiding and abetting the FED by their gold sales...

-- Andy (2000EOD@prodigy.net), January 15, 2000.


I don't know shit about gold, but I know Andy's oil facts and their relation to the dollar are correct.

Also, if you think for a second that the Chechnya situation is about Russian pride, you are mistaken. It's about controlling oil interests, period.

Alan Greedspin's in for the ride of his life here.

-- Gordon (g_gecko_69@hotmail.com), January 15, 2000.



Great posts Andy, keep em comin. If ever there was a hold'em strategy needed for gold and silver, now is the time.

-- Porky (Porky@in.cellblockD), January 15, 2000.

Hello Andy,

from

http://hv.greenspun.com/bboard/q-and-a-fetch-msg.tcl?msg_id=002K48

you said something about "VRONSKY ... posting on the relationship of oil with gold".

Where is that available for browsing? Couldn't find it in the archives.

Thanks.

-- Cable_man (tlangan@iname.com), January 15, 2000.


Andy, what is the CRB?

-- morgan (bitbybit@eoni.com), January 15, 2000.

Ponzi:

This is not "a replay of 1929 and Japan in the late 1980s" -- it is the *SPECIAL EDITION*, inevitably transmogrifying into the worst case scenario, the sudden destruction of wealth, of which Dr. Ravi Batra warned in his recent book. I don't want the banking system to collapse, but excessive leveraging inflating the credit bubble will annihilate investors' dreams. The *unknown* to me is THE EVENT which will cause the stock market to crash.

What do you think will be the fatal *pin* which bursts bubble.com?

-- dinosaur (dinosaur@williams-net.com), January 15, 2000.


Andy, what do YOU think will be the fatal *pin* which bursts bubble.com?

-- dinosaur (dinosaur@williams-net.com), January 15, 2000.


Well done Andy!

you caught me on the hop with this:

- Continued Arab oil supply to the west contingent upon Israel relinquishing lands taken from Syria and Lebanon, a cessation of hostilities towards the Lebanese civilian population, a fair settlement of the Israeli induced displacement of the Palestinian population since 1947 and free access for Muslims to the Mosque of Omar in Jerusalem (folks this means war)

Would you give me a link or links for that one please?

Your ideas hold merit and are definitely worth the time spent to consider what they may mean, and how one may take appropriate action.

Again, good work Andy!

-- (Kurt.Borzel@gems8.gov.bc.ca), January 15, 2000.


Andy - who would be laying down the rules regarding the Syria/Lebanon/Palestinian land settlement? How much oil comes from Syria and would this be a Saudi induced plan with the consent of all the Arab nations? It sounds like an appeasement, and will the Israelis go for it or will Clinton make some kind of bribe/deal with Israel to go along with it.../any details?

-- Laurane (familyties@rttinc.com), January 15, 2000.

Andy, what is the CRB?

-- morgan (bitbybit@eoni.com), January 15, 2000.

======================================================================

It's the Commodity index - a basket of all commodities - you can invest in it, do puts and calls etc.

-- Andy (2000EOD@prodigy.net), January 15, 2000.


Andy, what do YOU think will be the fatal *pin* which bursts bubble.com?

-- dinosaur (dinosaur@williams-net.com), January 15, 2000.

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I'm on record here as saying "Oil Shock" would burst bubble.com...

I really expected the embeddeds to kick in harder by this stage to initiate Oil Shock - now it seems that Oil has an agenda of it's own - aided I'm sure by the embedded problem in the background...

-- Andy (2000EOD@prodigy.net), January 15, 2000.


Well done Andy!

you caught me on the hop with this:

- Continued Arab oil supply to the west contingent upon Israel relinquishing lands taken from Syria and Lebanon, a cessation of hostilities towards the Lebanese civilian population, a fair settlement of the Israeli induced displacement of the Palestinian population since 1947 and free access for Muslims to the Mosque of Omar in Jerusalem (folks this means war)

Would you give me a link or links for that one please?

Your ideas hold merit and are definitely worth the time spent to consider what they may mean, and how one may take appropriate action.

Again, good work Andy!

======================================================================

Kurt, thanks for the kind words. There is no link as such, the info. comes from a person called noula who posts on the www.gold-eagle.com forum.

I think he/she lives abroad, possibly the middle east - at any rate noula is one switched-on individual and I've come to respect his posts over time...

Maybe Stratfor have a take on this :o) [just kidding]

-- Andy (2000EOD@prodigy.net), January 15, 2000.


Andy - who would be laying down the rules regarding the Syria/Lebanon/Palestinian land settlement? How much oil comes from Syria and would this be a Saudi induced plan with the consent of all the Arab nations? It sounds like an appeasement, and will the Israelis go for it or will Clinton make some kind of bribe/deal with Israel to go along with it.../any details?

-- Laurane (familyties@rttinc.com), January 15, 2000. ======================================================================

Sorry Lauranne, although I worked in both israel and Saudi Arabia I'm out of touch with events now - I have the basics, but don't know the depth of feeling out there.

I would suggest you check out gold-eagle and maybe ask this question to noula himself - he seems very friendly. it's easy to register to participate in the forum. Hope to see you [and Kurt?] over there.

-- Andy (2000EOD@prodigy.net), January 15, 2000.


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