[rohry]

Market WrapUp is delivered...
Anybody who wants on or off this list should Freepmail me…

[rohry]

Here is a post from Jim Sinclair challenging the Prechter crowd on the price of gold:

Thought you might like to read Sinclair versus Prechter:


From Jim:

There is a major error circulating amongst our Elliot friends. That is deflation is negative to gold. The primary anti-deflation tool to be used during periods of threatened or real deflation price-wise is GOLD. I am willing to say that if the point of capitulation of opinion for the Elliot (Prechter)School of thought is $400 an ounce, I am looking for Prechter true believers to make a legally binding wager.

I will wager in lots of $1000 up to 100 Elliot believers (total wager $100,000) that gold will trade at $401 in 2003. To book the wager fax me at 860 364 0673. I will send you a contract for signature. To give our Elliot colleagues a fair chance, I suggest that they read my recent Editorial carried on www.financialsense.com, www.tanrange.com & www.lemetropole.com titled " Gold, the Deflation Solution."

The Elliot Wave believers have not reviewed in detail the history of gold 1929-1940. May I suggest that you copy this gentlemanly challenge to the Elliot (Prechter) Doctrine and send a copy of it to all of the major Elliot web site and to Mr. Prechter himself. Mr. Prechter may wish to book the entire wager, himself.

Regards,
Jim

[B4Ranch]

I heard on the news yesterday that due to the uprisings in Venezuela, they were shipping 1/10 their normal percentage of oil.

[razorback-bert]

Merry Christmas

and properous New Year!

[cibco]

Thanks and MERRY CHRISTMAS!!! :0)

[B4Ranch]

Norfed Liberty Dollar

Has anyone heard about this Liberty Dollar?