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Politics : Welcome to Slider's Dugout
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To: maxncompany who wrote (2806)10/16/2006 2:02:38 PM
From: RonMerks   of 50720
 
max, I think youre reading what you want to read and hearing what you want to hear. Thats not what he wrote, or said. And your also making leaps in what Rubin said.

What Rubin said was that the deficit is a priority and that if they have to ax the Bush tax cuts, then that's what they will do.

Rubin pointed out that the US was able to raise taxes in the past without crashing the economy. Now I may be wrong, because Im old and not that smart; but I think Sliders point was that everyone was on the short trade side of the US Dollar bet and that the new Treasury Secretary is going back to the strong Dollar policy of Rubin and that we can expect the Bush tax cuts to be repealed certainly if the democrats win and maybe even if the Republicans win.

Slider said nothing about a long economic expansion? All he said was that those expecting gold to continue on to the pie in the sky targets, were greatly under estimating the resiliency of the US Dollar.

At least thats how I read it.

Slider, correct me if I'm wrong.

Max you even used the word "presumably" in reference to what Slider said, or thinks. I think you made your own point and answered my question as you know what they say happens when you assume, or presume.

Also Slider said hes starting to short the DOW with puts,so I don't think he expects a long expansion. But rather than putting words in his mouth like you are attempting to do, Ill let him answer for himself.

I still dont get your main point however?

Gold (and my silver) have rolled over and died and the US Dollar is at 10 month highs.

So whats your point?

TIA,

Ron

He who wants to see $15 silver just one more time.
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