Yes,Another Possible Scenario Isn't It.
Japan has " verbally " mentioned/threatened something to this effect
in the recent past,prior to the meltdown.It was somewhat brushed off
as idle threats etc. at the time and have heard little since.
Will we see alienation in the next three to six months from that area
of world?Rhetoric thus far gives me reason to consider the possibility
of a " Made In Japan " or " Made In China " solution.One thing is for
sure,gold will begin to surface and be on more and more peoples minds
as this situation worsens there.It's certainly taking on it's intended
role as a store of value,but as I say,it's " unfortunate " decline has
enabled the paper pushers to cast it in a poor light.
Is it possible the Western World has had it too good for too long to
fully appreciate what is happening in tiger country?Could it be, only
as things get so very bad,that conflict breaks out that the average
Western citizen becomes aware of the seriousness of the situation?
I'm North of the 49th Paul,and am made aware all too often of the
rate of exchange with our Southern neighbours.To be sure,a strong
North America has been good for us all,yet Canada's currency has been
under pressure recently as well due to the US dollar being seen as a
safer place to be.Can't argue with that,but the speculative attacks
on other currencies on any weakness is gaining much publicity and may
bring more attention to the present global currency arrangement.Would
not surprise me to see defensive measures installed in the coming few
months from some smaller countries.
And yes,if we had to wait for the analyists to show us the right
direction in public media,we would all be buying the same thing pretty
well,likely after their best clients have already taken significant
positions.I hold gold related investments,even after today's attempt
to push it though the floor,but it becomes a little harder to keep the
faith as the bad news bears continue to rock and roll on POG.
Good Luck To You
Taurus |
