Looks like, lets see, Hum, $4420.00 for the day. Not bad, ol boy. Waiting for Asia to open. Could it be we are on a roll and its only the 29th.

Yes, when the dust clears, I see Silver at 100 and Gold over 3000.

Then Ill sell all, grab me a nice lady and head for the beach. That is if we have gas for the SUV, and the power remains up, and the killing in the streets stopped. If all the above, Ill hold off on the nice lady (no, not you LL, Ohhh KNOW!!!) and the trip, and who knows, Silver and Gold could hit the moon. Goodbye Greenbacks. Hated that new funny money anyway.

We WINand they called us FOOLS.

Watching the bubble burst! NAS up 69 points today.

Go Silver! Go Silver! Go Silver Go!!!!

-- goldman (gold_silver@waiting.now), December 29, 1999

Answers

Do not underestimate the manipulation in gold. I just posted an article about what may be happening with gold in this earlier thread of Andy's:

Soros and Buffet and Silver

-- Interested Spectator (is@the_ring.side), December 29, 1999.

IS:

Today we live in a controlled market. Should the y2k problems proceed to a level 7 plus, all bets are off. The powers that be can not control the price in a state of panic. The free market system will take over. Trips, girls etc, etc, is mainly tough and cheek. The price of Gold and Silver is based on need, and faith in a monetary system. Once the system starts to fail, the price will respond upward. 17 cents in a day, to me, is not a barn bunner. First, lets see what the real effects of y2k will be and then watch the price.

The condition of the market today will indicate a strong upward movement in price, due to the crash that will come, y2k or not.

-- goldman (gold_silver@waiting.now), December 29, 1999.

Thanks Goldman - you've made my day! A 17 cent rise is almost unheard of in silver...

Whilst IS is totally right, I made my silver play precisely speculating on the fact that y2k would be the catalyst to free the metals - in other words the panic factor of the bursting of bubble.com would leave a large segment of the ***WORLD*** investment population scurrying to ut their fed reserve toilet paper into the age-old barbarous relics!!!

My scenario, once more:-

oil shock

bubble.com pops

commodities to the moon

all bets are off in all things

hyper-inflation + deflation??? yes

-- Andy (2000EOD@prodigy.net), December 29, 1999.

Andy -- It's risk/reward city this weekend; I mean, what's the downside? 250 if disappointed goldbugs sell off, not knowing the longer-term effects of Greenie's nervous hand on the copier?

Better to be in a year too early than a day too late.

-- jor-el (jor-el@krypton.uni), December 29, 1999.

Goldman:

You're right about all bets off if we hit 7. TPTB require a situation with controllable panic. This the big gamble they have going, but for these folks that's part of the game (they like the stakes a little high but not too hight so they lose control). They are assuming they can contain the fallout. I think they have underestimted what will happen.

-- Interested Spectator (is@the_ring.side), December 29, 1999.