Hi DJ, << re Pt>> my mind is made up and so stop trying to, as I do with Maurice, confuse me with the facts.
<< … Mugabe disowns white farmers. Gives them 45 days to get lost>> Mugabe, and every other leader in the world, especially those answerable to crowds, did the predictable and short-sighted thing, making changes to the script left by history.
Had there been any Vatican-owned church property left in China, they would have been confiscated as well. Hey, guess what, they were, along with the AIG headquarters and Shell House in Shanghai.
The mess of white farmers in the land of blacks is not a black/white problem, but a white & black issue. The predictable resolution falls under the sub-heading of “Just Is”, immediately after “Right” and “Wrong”.
The Just Is principle is not making great headway in the Middle East because the crowds on many sides do not know which IS is, and so they fight, often to the death. How else do we explain, after closing our eyes for 10 seconds of quiet reflection, why some 18-year olds decide to forego the 62 years of life and laughter, to kill other 18 year olds, and other 18 year olds decides to lob arsenal at school children less than 18 years old?
Maybe the explanation is that there is no laughter?
Progressing from confiscation of farms from Farmer Smith to nationalization of mines from Impala Platinum require several more orders of ‘necessity’, and in my judgment (or guess) for the ZIM bet, absent.
Besides, the closing price today is 10% above my yesterday’s average cost, on three times the average volume. My faith in the equity market has been repaired slightly, especially on Barron's affect on an obscure and thinly traded Australian stock of a Zimbabwe company:0)
Marc Faber certainly has a sense of humor.
Regarding the Yen, yeah, maybe you are right, and I ought to be careful and not short until 82-to-1. It is after all only money left on the table belonging to no one else in particular, except S2B, who may take offense at being taken advantage of yet again.
We will see. I am a coward in the dark after all;0)
Chugs, Jay |
