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Strategies & Market Trends : Strictly: Drilling II

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To: Frank Pembleton who wrote (15324)7/8/2002 12:31:37 PM
From: Jim Willie CB  Read Replies (1) of 36161
 
probably because Argentines cannot get access to their money
all in time, I presume
I read Mexico, Brazil, Venezuela, Bolivia are teetering now

I stick with my echoed affirmation that the entire South American continent will default on large national loans
and bring with it all manner of chaos
I echo the opinion of some guy back in early spring
it was one of many GoldEagle editorial articles
he had WorldCom and Qwest on his list of BK risks

South Americans havent yet monetized the gold concept
not yet
they are shellshocked imho
too much of the world still sticks with the NEW MONEY concept
sad truly sad
but many people were born after 1971 when Bretton Woods ended
only Japanese citizens have enough foresight so far
/ jim
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