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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: BigBull who wrote (74408)9/24/2000 7:41:49 AM
From: BigBull  Read Replies (2) of 95453
 
Asian Humpty Dumpty?

Current List of Asian Currencies in a near or complete state of collapse:

1.) Australian Dollar
2.) Indian Rupee
3.) Indonesian Rupiah
4.) New Zealand Dollar
5.) Phillipine Peso
6.) Singapore Dollars
7.) Taiwan Dollars
8.) Thai Baht

But don't believe me, take a look for yourself:

blacktusk.commerce.ubc.ca

Capital flows to developing economies stopped in April - May, Fords dropping it's bid for Daewoo may have been a "signal event".

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russiatoday.com

This boom in sovereign and public sector debt from all regions came to a virtual halt, however, in April and May, the IMF said.

As emerging market bond spreads widened, new issuance was postponed, with some governments resorting more heavily to domestic capital markets, the fund said.

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Imo waiting until after the US Elections to take action is a fatal mistake.
Action needs to be taken against the US Dollar - NOW!

Beware folks, this is serious business.
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