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Gold/Mining/Energy : A to Z Junior Mining Research Site

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To: LLCF who wrote (3652)3/11/2003 11:16:46 PM
From: Jim Willie CB  Read Replies (1) of 5423
 
the govt is not devaluing the dollar versus gold

THE WORLD MARKET IS

the dollar is a real pig
the Weimar Amerikan financial leaders are doing everything they can to discourage a world full of investors from continuing to hold their securities denominated in dollars

the dollar will take a long time to come down
but on a nearterm basis, it is freefalling
decades of positive sentiment will take time to erode away
how can Japan quickly depart from $400 billion in USTBonds?
this will take a long time

the scariest proposition is that there are so many dollarized securities out there for foreigners to sell
each year they will sell more and more
for several years

/ jim
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