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Strategies & Market Trends : Strictly: Drilling II
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To: Clappy who wrote (28471)2/20/2003 9:56:00 PM
From: Jim Willie CB  Read Replies (2) of 36161
 
you second-guess yourself about 15 times, no conviction
of course there are no gaurantees
but there are several big big obstacle forces
like Kondratieff Winter well underway

in 1930 the gold standard was destroyed
do you really think the indebted bloated debased flooded dollar will survive?

its demise is gauranteed
GAURANTEED

lower rates beget a slower economy and even lower rates
Europe is slowing down, and their clumsy ECB speaks about reduced inflation risks
the world banking and currency systems are being leveled
no gaurantees?

heck, sure there are
like destruction of the currencies by central bankers
some clowns like WonderBoy believe far far far too much in their ability to save the day

if the Fed had power, why have 11 rate cuts failed?
why is the trade gap widening with a falling dollar?
why is Chinese surplus equal to new money supply creation?

the system is breaking right under your nose
central bankers have a very bad history
faith in their methods is very misplaced

you were not into gold at the best time 18 months ago
you will not be in gold at the next upcoming best time either

you second guess yourself more than a teenager at his first dance
I am not sure you should invest your family's money at all
/ jim
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