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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: Voltaire who wrote (50750)4/30/2002 6:38:09 PM
From: Jim Willie CB  Read Replies (1) of 65232
 
damn, Volt... I love those words

first gold takes flight
then silver enjoys a volcano
the likes of which the world has never seen
and will likely never see again

it will be very very harmful to the general stock market
I was sick today, and had the pleasure of sampling CNBC
not once all day did they mention the USDollar
it is the primary culprit undermining the stock market now
any mention of gold should have a currency comment attached
(maybe they did a nice diddy on US$ and GOLD while I snoozed)

I know many of you regard me to be a kook
my stock picking has been subpar, even shitty
but this macro-econ perfect storm is unfolding according to script
the entire world over the next couple years is extremely likely to find refuge not in the USDollar, but in GOLD
the Mighty Dollar is due to come down 10-20%
as it does, the Usual Refuge is no longer available
the Refuge is the PROBLEM (a denominated debt instrument)
the New Refuge will be the historical one -- GOLD/SILVER

the USdollar has posed as a GOLD impostor for 20 years
time for payback to gold
/ jim
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