BARKSDALE is right, GREENSPAN is "HORSE AND BUGGY WRONG", Productivity will increase, maybe for 20 years or more. What we have here is a change bigger than the industrial revolution, the SCALE of the EFFICIENCY in PRODUCTIVITY GAINS is staggering in comparison to the minor labor savings devicds of the industrial revolution, now we have for the first time, almost complete automation. Almost complete control over the elimination of inefficiency in DISTRIBUTION. Mark my words, Europe will NOT stand for GREENSPAN takin advantage of the Post-Rubin lapse at the US Treasury Department, and join the greedy free for all of bascially BAILING OUT ASIA. Grat for Improters, but it will kill the US Economic E-Commerce model, and will cause European Central Banks to respond accordingly. Current 30 Year Treawury Lon Bond Rates being made static at 6.11% + 0.25% or 0.50% by the FED's actual or implied threat to increase Interest rates June 29th or sooner will not STAND the EUROPEAN CENTRAL BANK TEST.
Gold, and indicator of REAL INFLATION (Not panic, scared sheep, SHORT seller doomsayer) is not present. GOLD IS AT A VERY LOW PRICE.
All is well. Don't give your VALUABLE STOCK to SHORT Traders based on fear. You make them richer, and yourself feel foolish.
I am,
Truly yours,
-Crystal ball
P.S. that means put the crews to them, double down, i.e. buy more to cost average down, so when the rally come, it comes QUICKER to you. |
