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''Helicopter money'' theorist likely to be president''s top economic adviser
10:29p ET Thursday, December 16, 2004
Dear Friend of GATA and Gold:
J. Kent Willis, president of AGAPI Financial and a longtime
metals trader, has posted at Gold-Eagle an entertaining
essay called "The Scary Part of the Gold Price Curve." It
may be most interesting for its echoing what another
longtime metals trader, Jim Sinclair, asserted the other
night at JSMineset.com: that the Comex market is becoming
less of a paper market and more of a spot market, a market
from which gold traders are starting to take delivery of
their metal. Sinclair and Willis see this trend as likely
to blow the price cappers away before too long. You can
find Willis' essay here:
http://www.gold-eagle.com/editorials_04/willis121604.html
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
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http://www.a1-guide-to-gold-investments.com/euro-vs-dollar.html
http://www.investmentrarities.com
http://www.kuik.com/KH/KH.html
(Korelin Business Report -- audio)
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Ted Butler silver commentary archive:
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