Hello CB, <<... don't care ... gold>>
... The Maestro seems to care enough about it to comment on it. But I can understand why one would choose to ignore it, just as I chose to ignore the housing shares, knowing full well it would rise, and would eventually fall.
<< ... a stupid asset>>
... As to that, all assets can be stupid or smart, but it is neither here nor there. Again, I can understand the position.
<<The Greater Fool theory is lost on me>>
... I choose to not miss out on the fun;0)
<<I don't believe we are headed into a replay of the Great Depression>>
... no, not a replay, but that is not to say it will be pleasant.
<<federal government deficit spending will provide an economic stimulus that will act as a counterweight to a lot of the negative stuff we here in the US are seeing at present>>
... yes, that is why I hold Pakistan's Hub Power, to better receive the dividends courtesy of the fed govt, so that states' deficit filling are not the only claims of the fed largess:0)
<<I have zero opinion about the stock market>>
... I remember you ceased to have an opinion on the market starting about 18 months ago.
<<I expect China to start floating its exchange rate within the next decade>>
... We can agree on this.
<<Come over to the Dark Side>>
... If JW is right, Yuan will have a gold cover, if not in exlicit public grasp, then in implicit private hands.
<<trust ... vice versa>>
... will have to happen, one way or another, else the gear-trains and clock-works grinds to an eventual halt.
<<Taiwan>>
... apparently a tough problem that is, again I state for the gabillionth time, no problem at all, like a cyst that gradually disappears into the greater tissue ... gone in ...
Message 17991192
September 14th, 2002
Chugs, Jay |
