Stockman Scott's Political Debate Porch Message Board

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Politics : Stockman Scott's Political Debate Porch

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To: RealMuLan who wrote (19423)	5/21/2003 5:06:27 PM
From: Jim Willie CB	Read Replies (1) of 89467

the declining dollar gaurantees the world wide recession Asia is now complaining about falling value of bank reserves 75% of bank reserves across the globe have enjoyed the utter insanity of replacing gold so we will have multitudes of economic margin calls dictated by insufficient bank reserves to justify portfolios Europe is giving a clear indication of what happens to an economy whose currency is the beneficiary of the flight from the deteriorating dollar no nation will want to see it happen to them as long as ECB keeps rates up, they will see rising currency eventually, all currencies will fight against the dollar and all will lose simultaneously, WITH GOLD WINNING THIS GAME the big surprise will be the rise of the Jap yen take hope and stick it where the sun dont shine no place for it in investing I dont hope anymore I just expect to gain when these forecasts happen and so far, one by one, they are almost all happening the major miss has been the quick fall of Baghdad big deal, I knew it would fall I also thought that snipers would be more prevalent give it time / jim

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