SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Daytrading Canadian stocks in Realtime

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: CharlieChina who wrote (55513)7/4/2002 3:52:03 PM
From: Vitalsigns  Read Replies (1) of 62348
 
Brits are now bitting back . How long will Blair back Bush? Wag the Tail will soon be upon us again, will it be due to a post terror attack launch , or will it be pre-emptive as Bush has recently alluded too. The War machine is being geared up and the propaganda machine will soon be upon once again. It's the only way for Bush to regain support for what appears to be a ghost chasing experiment.

mirror.co.uk

I noted Long ago that as far as this war goes, the Al-queda and it's terror network have the upper hand . The ability to hide and strike on their own scedule with minimal cost , wheras the US and Isreal must spend $Billions setting up their defensive strategy and chasing an enemy that can hide easily within most large cities.

The market is finally coming to grips with this and does not like it.

I saw on 20/20 last night a report called Hitler's lake. It was a about a plot by the German's (1945) to bring down England by bankrupting them (buying back the real currency and circulating the forged currency). They forged the currency to such accuracy that when the boxes were removed from the bottom of the lake even the specialists of today were impressed at the quality. The papers were dumped in the lake when the Russian;s were closing in and forced the Countefit operation to dismantle it's operations. Apprently they had printed and forged $4 billion dollars worth of Pounds , and the plot also included bringing down the Americas, by printing US Dollars as well. The operation against Britain was only a few days away from beginning circulation ,had it not been for the Russian closing , who knows how this plot would have changed the wars outcome.

This current fight against Al Queda is very similar in nature , the US requires $1.2 Billion /day of foreign in flux to fight this war, if sentiment changes towards the US and the Euro becomes the accepted currency to hold in times of risk , replacing the US. Then Al Queda could essentially bankrupt the US . Already we saw that the US needed to raise it's debt ceiling by $450 Billion last week , a swift change in fortunes when you consider that they were paying down debt over the last few years.

These are interesting times we live in Indeed. The longer term prospects for the US to remain as currency of last resort is no longer being perceived as such , and this has a very negative long term implications for the US.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext